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Tag search results for: "predictive maintenance in automotive market size"
Predictive Maintenance is a set of processes for detecting defects and irregularities in the state of in-service equipment and determining when maintenance should be performed. It saves money since it allows you to fix a problem before it becomes a failure. Predictive maintenance examines equipment and forecasts when maintenance operations should be done using statistical process control concepts. In the automotive industry, predictive maintenance begins by monitoring and analysing the entire operation. It then gathers and stores the... more
