Predictive Maintenance Market: From Niche Topic to High ROI Application

Predictive Maintenance Market: From Niche Topic to High ROI Application

Predictive maintenance has clearly evolved from the rather static condition-monitoring approach. It has become a viable IoT application that is delivering overwhelmingly positive ROI. Several technological developments have contributed to the rapid market expansion—notably, a simplified process of connecting IoT assets, major advancements in cloud services, and improvements in the accessibility of machine learning (ML)/data science frameworks.

Sensative provides the integration part in this digitalization journey. IoT Analytics call it “Intelligent data mesh” in the graph above. We call it Yggio – Digitalization Infrastructure Management System (DiMS).

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