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It is estimated that industrial manufacturers lose a staggering €40 Billion every year due to unplanned downtime and maintenance expenses make up anywhere between 20-40% of total production costs where only 20% of machine failures are age-related.
Continuous condition monitoring has a central role to play to move from preventive to predictive maintenance and VersaSense’ s IIoT Suite has changed the way this can be completed.
VersaSense Predictive maintenance, or PDM, is the most advanced approach to managing maintenance within production plants, applying predictive analytics on OT-production level information.
VersaSense Predictive maintenance uses AI/ML,the Internet of Things (IoT), and historical data to analyse industrial measurements and score anomalies and condition deterioration intelligently, infused by production details and human intelligence.
The VersaSense predictive maintenance solution also provides expert insight views and human domain interaction to the machine learning system in order to monitor the entire plant. This human enhancement of machine learning helps the PdM system gain a better understanding of which anomalies are serious and which fall within the range of expected fluctuations. Better targeted alerts and notifications will help efficiency and worker attention .
This can be displayed in the VersaSense visualization tool on customer specific dashboards, and these analytics results can be shared with customer’s Business and Operations systems
