Condition-based maintenance (CBM) uses sensor devices to collect real-time measurements (ie. pressure, temperature, or vibration) on a piece of equipment. CBM data allows maintenance personnel to perform maintenance at the exact moment it is needed, prior to failure.
- 79% of businesses see predictive maintenance as the main application of industrial data analytics
- 10% (and maybe even less) of industrial equipment ever actually wears out, meaning a very large portion of mechanical failures are avoidable