Best Practices: Transitioning To Predictive Maintenance For Enhanced Asset Management

This report provides industrial operations managers and executives across asset-intensive industries with an overview of best practices for implementing predictive maintenance (PdM) solutions. To capture best practice insights, Verdantix conducted in-depth interviews with 10 predictive maintenance experts at industrial, service providers and technology firms and surveyed 256 managers in operations, maintenance and engineering roles. Verdantix research finds that while predictive maintenance solutions have been around for some time, many firms have found it difficult to prove their benefits and successfully implement them. However, experience from industry frontrunners shows that success is possible, by prioritizing critical assets, laying strong data management foundations, getting buy-in as well as proving return on investment (ROI), and integrating predictive maintenance solutions into wider digital ecosystems.