IRIS PdM

  Did you know that you can go for two types of maintenance for your systems and assets? Yes, you can choose corrective maintenance (reactive process to action or incident). You can also go for preventive maintenance (having a process in place to catch the issue before it happens). Naturally, we also view Preventive Maintenance as something good that should be prioritized, but corrective maintenance is viewed as something bad that should only be used in extreme circumstances. But interestingly, there is also Predictive Maintenance. It offers immense business value across various industries. Let's examine the advantages. 1. Cost savings on maintenance It is possible to cut the actual expenses of maintenance activities by over 50% with predictive maintenance. When comparing maintenance expenses, take into account the actual cost of replacement components, tools, and other equipment needed to maintain the equipment, as well as the actual cost of personnel and maintenance ...

  Because the maintenance work is only scheduled when particular conditions are satisfied and before the asset breaks down, predictive maintenance operations address these problems. Predictive maintenance Canada is based on the idea that continuous observation of the mechanical state of assets and systems' operational performance will result in the greatest time between repairs, maximising expenditures. Discuss further specific benefits that predictive maintenance can offer your business. 1-Fewer breakdowns of the equipment Every predictive maintenance manager should avoid equipment failure because it can have negative effects. Regularly checking on the equipment and process systems can reduce unexpected machine breakdowns by more than 50%. 2-Decreased MTTR Predictive maintenance decreases the time needed to repair or recondition plant equipment while preventing machine malfunctions. That's because specialists can address the issue before more damage is done. A...