Software helps companies become better at predictive maintenance

02/20/2012 |

Software that helps companies collect data about their equipment so that they can make informed spending decisions is in high demand, experts say. Many companies are finding that the most effective predictive maintenance software analyzes historical data to determine when a piece of equipment is most likely to fail. This type of software is less expensive and easier to implement than software that seeks to predict failures by monitoring equipment conditions, experts say.

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