How Indian Businesses Are Embracing Predictive Maintenance

Business organisations are no longer required to simply react -- they are also expected to predict and avoid. And with data available to all the competition with just a click away, mistakes are costly. With predictive maintenance, companies can go beyond learning the whats and whys in the business, and discover more insights about the future trends. A recent study has shown that organisations spend around 80 percent of their time reacting to issues rather than preventing them. Predictive maintenance systems -- software solutions or tailor-made-programmes --  help in avoiding costly downtime and thus reduce overall costs. Driven by predictive analytics, most of the maintenance solutions are capable of even minor anomalies and failure patterns to determine flaws. The assets and operationa