Organizations continue to do preventive maintenance, asset by asset, without investing in their ability to identify the indicators of failure. So how do leaders make more educated decisions about their operations and maintenance strategy to drive growth for the business? They invest in tools that enable them to view their operations holistically and systematically. It is all about gleaning deeper insights from the existing data through the use of AI and predictive analytics, at enterprise scale. This means the tool has to be three things:
Remote asset monitoring, and the use of AI-powered anomaly detection is the answer.