An algorithm in time saves millions – IOT and Predictive


Well, as you may have guessed, we have given a tech twist to the famous proverb – a stich in time saves nine. However, mind you this is no tongue in cheek statement; nor mere wordplay. Knowing what could go wrong in real time and acting on it before it even becomes a risk – especially in manufacturing, transport and process industries – has a huge impact on top line as well as bottom line. Thanks to Industrial IOT and Machine Learning, we are now entering into ‘Predictive Maintenance’ from Reactive Maintenance and Routine Maintenance.
The technology side of IoT can be understood as ‘seamless, real time control through automation’ i.e., connecting a variety of sensors and using that network to run a factory on a day-to-day basis or get information. The business value is in taking that to create actionable insights. Predictive Maintenance for sure.
It is a no brainer that Predictive Maintenance focuses on....

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