Are Predictive Analytics Truly Predictive?
- White Papers
- 9 pages
- 27 January 2023
The term "predictive" is often misused when it comes to technologies used for predictive maintenance in the industrial manufacturing industry. Currently, most solutions advertised as predictive actually operate in a diagnostic fashion, providing explanatory insight into the current operation or condition of an asset or system, but not actually predicting when a failure will occur.
In this whitepaper, we’ll discuss:
- The difference between diagnostic vs predictive analytics
- Key technologies that makes prognosis possible
- How to select a predictive analytics platform
- Case studies to illustrate the value of prognosis and predictive maintenance
Download this whitepaper to see how to optimize maintenance, repair and overhaul schedules by leveraging emerging prognostics technologies