IoT in Predictive Maintenance: A Quick Low-Down

Tech Innovation

Oct 25, 2023

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If there are systems and machinery, maintenance will be required. This is not news, of course, but a new and emerging maintenance means may be. Ladies and gentlemen, please say hello to IoT predictive maintenance.

What is IoT-based Predictive Maintenance?

Quite simply, IoT predictive maintenance is a proactive approach to maintenance, albeit one that uses the Internet of Things. Here, the data from IoT devices and sensors is leveraged to foretell when equipment or a machine will likely fail. Now, why would someone want to know that you ask? Knowing when equipment or a machine is likely to fail helps companies perform just-in-time maintenance to prevent the failure above that was predicted via the IoT data.

Components of IoT-based Predictive Maintenance

Sensors: They are physical devices that gather data from the equipment machinery that is being monitored
Data communication: It is the key to sending the sensor data from the equipment to a central system for analysis.
Data storage: This is where all the collected data is stored securely and efficiently for analysis and historical reference.
Predictive maintenance platform: It serves as the central hub where all the data is collected, processed, and analyzed.
Predictive analytics tool: Such tools analyze the data gathered from sensors to identify patterns, potential failure indicators, etc.

IoT-based Predictive Maintenance: How it Works

IoT predictive maintenance uses sensors to collect data about equipment conditions. Nonetheless, here is a quick overview of the process:

Sensors are deployed on the equipment to be monitored
Data collection
Sensor data is transmitted to a central system
Analytics tools, such as AI and ML, are used to process the data
The predictive platform generates maintenance schedules based on predictions
Upon detecting a potential problem, an alert is sent to maintenance teams
Maintenance teams then schedule maintenance for the equipment

Steps for Implementing IoT-based Predictive Maintenance:-

Now, folks, it's time to understand how IoT-based predictive maintenance can be implemented in your business.

Identify assets requiring predictive maintenance: The first step for implementing IoT predictive maintenance in your company's operations is identifying the assets that need monitoring. You can do that by first comprehensively analyzing the organization's assets and equipment. This process should include identifying critical machinery, systems, and other assets whose failure or downtime could significantly impact employees' safety or the company's operations. Then, the key parameters will be placed that indicate the equipment's performance and overall health.

Select predictive maintenance software: After identifying the assets that need to be monitored, one must choose a software platform. The market is brimming with many different software platforms, each with pros and cons. So, when you set out to select a software platform, it is essential that you consider factors such as your budget, type of assets, parameters to be tracked, etc. This will help you make an informed decision about the software for predictive maintenance.

Final Words Predictive maintenance offers a high level of efficiency for utilizing your assets. It helps save unnecessary machine failure by predicting when a breakdown will occur. Interestingly, the technology uses sensors to gather real-time data about the machine's condition while creating performance reports identifying potential maintenance issues. Predictive maintenance has various benefits, including reduced costs, higher profitability, less production downtime, and machinery longevity.

To conclude, today's businesses have implemented old-fashioned strategies while ensuring reliable equipment performance for years. They cannot compete with IoT predictive maintenance, which can help solve problems in advance while cutting costs and improving productive capacity. Following these steps is the proper foundation for companies to implement IoT-based predictive maintenance successfully in their operations. When implementing an IoT predictive maintenance system, it's essential to start small and then scale up when you understand how the technology fits in your production model. Finally, having the correct information can differentiate success and failure at every step.

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