Digital Transformation – The Future of Predictive Maintenance

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Digital Transformation The Future of
Predictive Maintenance
Digital Transformation or digitization is no
longer just a hype or a concept. It has found a
pertinent place in every facet of business and
companies who want to build futuristic business
model. The advent of these disruptive
technologies is proving to be a game-changer and
driving a digital revolution in the industrial
and manufacturing space. Conventional
manufacturing industries are rapidly
transforming into digitally connected enterprises
by adding OT (Operations Technology) IT
(Information Technology) muscle to their
production processes, manufacturing capabilities
and maintenance programs. In simple words,
mechanical data and insights generated by
applying these technologies are helping
industrial setups to control cost, improve speed
to market, drive critical decisions, add
customer-centricity, and create competitive
advantages. Challenges in the mining Applying
Digital Transformation as a Service (DTaaS) in
manufacturing industry Predictive Maintenance
(PdM) and Condition Monitoring (CM) are the most
sought-after and top opportunities in the
industrial ecosystem from a return-on-investment
standpoint. Digital transformation in PdM CM
is the application of advanced computing
technologies to enhance the overall machine
efficiency, reliability, outcome and
sustainability in manufacturing operations. It
combines a collaborative approach of
man-machine-technology ecosystem along with all
its service components. Benefits of DTaaS in
Predictive Maintenance and Condition
Monitoring DTaaS provides reliability-engineering
teams with a plethora of new tools approaches
to effective machine maintenance and
opportunities to accelerate transformation and
revenue growth for the top stakeholders. Here
are some direct benefits of converting the data
insights from a digital system to operational
performance
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• Save 30-50 or more on maintenance cost
• Increase machine uptime significantly
• Improve visibility in maintenance programs and
  manufacturing processes with accurate machine
  data
• Build a connected enterprise with a
  man-machine-technology ecosystem
• Create a digital drive in your enterprise to
  achieve Industry 4.0 objectives

DTaaS influences multiple aspects of the industry
irrespective of the business competency,
production facility and promotes coherent
integration with hardware and modern technology
such as IoT, Artificial Intelligence, Machine
Learning, Cloud Computing, etc. The
cost-effective yet endless services signify
improving existing processes, nurturing ideas,
over-ruling cultural barriers, and providing a
generic interface with the professionals. The
emerging service model enriches customer
experiences and focuses on customer
connectedness. The excellence of the services is
directly related to data collection, vibration
monitoring, predictive analytics, visualization
and reporting. Developing a strong bond with the
customer at a functional and business level to
promote an adaptive and data-guided mindset
encourages better alignment of the available
infrastructure and resources.
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