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When appropriately implemented, predictive maintenance programs save time and money by increasing efficiency and limiting machine downtime and failure. Some plants have trouble implementing predictive maintenance properly; other plants have had good predictive maintenance programs for years but are suddenly struggling. Why is this?
These facilities are struggling because they’re finding it nearly impossible to adapt to technological advancements. They face a difficult choice: keep doing things the old way while competitors progress or attempt to integrate Industry 4.0 practices. The choice seems obvious — we should evolve into Industry 4.0. But, if done incorrectly, this integration can make processes less efficient than ever before.