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How do IoT platforms support predictive maintenance?

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As the demand for increased automation in industries to reduce costs and maximize profits goes higher, industries have adopted technologies that improve the efficiency of their operations. However, some of the most significant improvements that have been introduced include predictive maintenance, especially with use of IoT devices. Specifically, an IoT platform or an IoT monitoring platform allows an organization to shift from preventative to condition-based maintenance, which results in improving the state of equipment and organizational processes.

In this post, I am going discuss how IoT platforms work to enable predictive maintenance, benefits, components of IoT tools and case study.

Predictive maintenance is a form of maintenance that follows a planned course of action to determine when a machine might fail or needs to be worked on. While, PM is a time-based approach that does not consider the health of the machines on its implementation, PM is, however, data-based. It frees up time that may have otherwise been taken by performing some maintenance on the machines and at the same time, it helps in avoiding cases of machine breakdowns which may actually be very costly to the company.

Real-time monitoring, data and prediction analytics for maintenance are crucial for predictive maintenance, which exist on a solid IoT platform.

Role of IoT Platforms in Predictive Maintenance

This is how it helps:

1. Real-Time Data Collection from Machines

2. Condition Monitoring

3. Machine Learning and Predictive Analytics

4. Automated Alerts and Notifications

Modern IoT monitoring platforms come with rule-based engines that trigger automatic alerts when abnormal conditions are detected. These notifications are sent via SMS, email, or app notifications to the concerned personnel.

For example, if a compressor’s temperature exceeds safe limits for more than a few minutes, the system can notify technicians and automatically shut it down to avoid irreversible damage.

5. Integration with Maintenance Management Systems

A mature IoT platform integrates seamlessly with Computerized Maintenance Management Systems (CMMS) or Enterprise Resource Planning (ERP) tools. This ensures that predictive insights translate into automated work orders, inventory checks, and technician assignments.

Such integration streamlines workflows and ensures that predictive maintenance insights are not lost in silos but actively drive maintenance actions.

Benefits of Predictive Maintenance Using IoT Platforms

The adoption of predictive maintenance through IoT monitoring platforms offers tangible business benefits:

a. Reduced Downtime

Unplanned equipment failure leads to lost production time and revenue. Predictive maintenance prevents sudden breakdowns, ensuring smooth and continuous operations.

b. Cost Savings

By performing maintenance only when required, organizations save on labor, spare parts, and service downtime. It also extends the life of expensive machinery.

c. Improved Safety

Detecting anomalies early reduces the risk of hazardous failures that could harm personnel or damage assets.

d. Data-Driven Decisions

With access to real-time and historical machine data, businesses can make informed decisions regarding asset management, resource allocation, and capital investment.

e. Sustainability

Efficient machines consume less energy and produce fewer emissions. Predictive maintenance ensures optimal operation, contributing to sustainability goals.

Key Features of IoT Platforms for Predictive Maintenance

The main issue with IoT is that not all platforms are made equal. The key features for an IoT platform for implementing the concept of smart maintenance are the following:

Device Management: To ensure that the attached sensors and equipment in the system are protected during their installation and configuration, and are easy to manage in operation later.

Data Ingestion and Storage: High capacity to process huge streams of the real-time data coming from several sources.

Analytics and Machine Learning: Facility for building up models for prediction is also as built-in tools or integration support.

Visualization Dashboards: The charts that are available for customization include kpi, trends and the overall health of the system.

Alert Mechanisms: The alerts may be predefined, rule based, threshold based and even anomaly based on aspect learning software analysis.

APIs and Integration: So the operational APIs have to be REST APIs or SDKs to be integrated with existing systems such as CMMS, ERP, or SCADA.

Conclusion

Currently, Asset performance management is experiencing a revolution, and the IoT platform is one of the major drivers of this revolution. Connected equipment and encrypted software allow various levels of decision making from simply collecting equipment data to predicting failure, and to automate maintenance work orders.

There’s no longer a question of if industries should adopt an IoT-Powered Predictive Maintenance system, there’s only the question of when.

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