This ARC view talks about how Industrial Internet of Things (IIoT) enabled remote monitoring can allow manufacturers to reconsider outsourcing to OEMs by helping reduce unplanned downtime for critical equipment.
Excerpt from the report:
“In most plants today, contracting with the equipment manufacturer for maintenance usually results in unacceptably long periods of downtime for critical equipment while waiting for a technician to arrive – particularly with the typical two passes required for inspection and repair. However, emerging Industrial IoT (IIoT)-enabled condition monitoring and predictive maintenance approaches allow manufacturers to predict failure for critical equipment before it happens. This is the reason that Subscription-based, IIoT-enabled predictive maintenance services are becoming increasingly attractive for manufacturers and other industrial organizations.”
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