Traditional vs Predictive Maintenance
Given the financial and reputational costs associated with machine downtime, it’s surprising that two in three manufacturers continue to rely on high-risk run-to-fail or time-based maintenance strategies. These approaches involve fixing equipment only when a failure occurs or following predetermined schedules. Why outdated preventative maintenance methods endure stems from a combination of factors, ranging from predictable costs to the comfort of familiarity.
However, as modern factory assets grow increasingly complex and interconnected, and real-time monitoring becomes standard practice, companies are seeking a more advanced and proactive maintenance method. Such a transition not only mitigates the issue of downtime but also reveals opportunities to optimise machine performance that were previously overlooked or hidden.
Predictive maintenance works by using data to anticipate potential failures before they disrupt operations. Unlike reactive or scheduled maintenance, predictive maintenance relies on real-time monitoring, sensors, and data analytics to assess the condition of machinery.
In embracing this approach, manufacturers can move from a ‘fix-it-when-it-breaks’ mentality to strategic, data-driven maintenance planning. Doing so offers clear advantages that go beyond traditional maintenance practices.
By forecasting and preventing equipment failures, manufacturers minimise downtime and increase operational efficiency. The ability to address issues before they escalate saves costs by reducing the need for emergency repairs and extending the lifespan of machinery. Additionally, improved machine reliability ensures a consistent production output, enhancing overall factory performance.
The roots of predictive maintenance reach back to the early days of condition-based monitoring when engineers began exploring how to use data to foresee equipment failures. Advancements in computer power, sensor technology and connectivity have moved predictive maintenance from an idea to a practical and essential strategy.
The recent emergence of AI in manufacturing has brought about transformative changes in predictive maintenance, significantly enhancing its capabilities.