Predictive maintenance offers the opportunity to use machine learning and AI to glean powerful insights about the lifecycle of equipment being used. On top of traditional machine learning-based predictive maintenance, second-order maintenance can add another level of AI to optimize subsequent decisions about a high-value asset’s upkeep
Benefits for the company
Predictive maintenance often allows the detection of impending failures that could never be detected by human eyes. With predictive maintenance, downtime and repairs are directly tied to likely failure, minimizing cost (e.g. less labor time, less chance of unexpected failure) and maximizing asset life.
Type of expertise/ AI domain
Regression analysis, Ranked scoring, real-time analysis and prediction
Internal data required
Real-time sensor data