Improving operations with predictive maintenance

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1
Source: Oniqua Enterprise Analytics, Reducing the Cost of Preventative Maintenance, http://www.plant-maintenance.com/articles/PMCostReduction.pdf
2
Source: T.A. Cook, Maintenance Efficiency Report 2013, August 2013. http://uk.tacook.com/fileadmin/files/3_Studies/Studies/2013/
T.A._Cook_Maintenance_Efficiency_Report_2013_En.pdf?tracked=1
3
Source: ARC view, Optimize Asset Performance with Industrial IoT and Analytics, August 2015 http://www-01.ibm.com/common/ssi/cgi-bin/ssialias?subtype=
WH&infotype=SA&htmlfid=WWL12350USEN&attachment=WWL12350USEN.PDF
4
Source: Enterprise Asset Management and Field Service Management, ARC Advisory Group, 04/17/2015. http://www.arcweb.com/market-studies/pages/enterprise-asset-management.aspx
5
Source: McKinsey https://www.mckinsey.de/sites/mck_files/files/unlocking_the_potential_of_the_internet_of_things_full_report.pdf
6
Source: Fortune http://fortune.com/2015/07/22/mckinsey-internet-of-things/
7
Source: G.P. Sullivan, R. Pugh, A.P. Melendez and W.D. Hunt, “Operations & Maintenance Best Practices: A Guide to Achieving Operational Efficiency, Release 3.0,” Pacific Northwest National Laboratory, U.S.
Department of Energy, August 2010.
8
Source: IDCON Inc., Optimize your Preventive Maintenance, http://www.idcon.com/resource-library/articles/preventive-maintenance/528-optimize-preventive-maintenance.html
Learn more about how CBM can help you maximize
uptime, visit: http://ibm.co/asset-mgt
A full
40%of organizations are
not using any form of
predictive maintenance.4
50%
4
Total spend on preventive
maintenance can be
reduced by up to
23%of organizations that are
using predictive maintenance
integrate work order systems.4
Only For example, on
one oil rig
99%of data collected
from sensor-enabled
assets went unused. 5
30%of preventive maintenance
activities are carried
out too frequently1
45%of all maintenance
efforts are ineffective2
Most companies are aware of waste
in their preventive maintenance efforts,
but aren't quite sure how to eliminate it.
Traditional preventive
maintenance embraces
a time based approach.
This consumes unnecessary resources
and may actually cause failure by
disrupting the equilibrium of stable assets. 3
How do you know where to
spend your time, money and resources?
Your machines are talking.
Are you listening?
Condition-based maintenance (CBM) is a
discipline that uses the Internet of Things to monitor asset
conditions and trigger preventive maintenance actions.
This can help you
predict and prevent unplanned downtime.
With CBM you can:
Listen to your machines!
The results speak for themselves.
By implementing CBM best practices:
and yet...
Monitor and analyze
asset health data, both
historical and real-time
Intervene at
the right time,
before assets
go down
Prioritize and
optimize resources
Listen to your machines!
Are your preventive maintenance
efforts wrenching away precious
resources?
Time to listen to your machines.
Eliminate
up to
of breakdowns7
70%25%
6
Reduce
maintenance
costs by up to
50%
5
Reduce
downtime
by up to
12%
7
Reduce
scheduled
repairs by up to
50%
6
Cut
unplanned
outages by up to
3-5%5
Reduce
capital
investment by
50% to 70%
Total preventative
maintenance hours
can be reduced by8
40%of preventive maintenance
costs are spent on
assets with negligible
affect on uptime failure1
Only 18%of assets have an age
related failure pattern3
82%of asset failures
appear random3

Improving operations with predictive maintenance

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Improving operations with predictive maintenance