
Predictive analytics can revolutionise maintenance processes and bring tangible business impact, which is why more than half of European organisations already run predictive maintenance initiatives.
“Digital Industrial Revolution with Predictive Maintenance”, a 2018 European study by PACPAC - Digital Industrial Revolution with Predictive Maintenance
Based on interviews with more than 230 senior business and technology decision-makers, this report explores the impact that digital transformation has on maintenance processes and achieving cost savings.
Highlights:
55% of the companies are at least piloting predictive maintenance initiatives while 23% are generating a tangible business impact.
49% of companies have already invested in predictive maintenance initiatives and plan to further invest in the next two years.