Terms Glossary P Predictive Maintenance
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Predictive Maintenance

Predictive maintenance is a technique to predict the future failure point of a machine component, so that the component can be replaced, based on a plan, just before it fails. Thus, equipment downtime is minimized, and the component lifetime is maximized.
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On the basis of real-time data, all relevant parameters of the machines involved in the manufacturing process are acquired and evaluated for anomalies by means of stream analytics. In a subsequent machine learning process, specific fault patterns and the causes of a problem are detected in good time. This results in fewer rejects and maximum availability over the entire life cycle of the production line. The requirements on machine operating times vary depending on the specific branch of industry and its product cycles. While this could be up to 30 years in the aerospace sector, it is a matter of just a few months in the case of fast-moving goods, such as smartphones. With the aim of enabling an accurate assessment of the future performance of the machine or one of its components, intelligent predictive maintenance systems interconnect the largest possible amount of data from decentralized sources for the purpose of analysis.
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Bright Wolf
Bright Wolf
Bright Wolf is a technology provider and trusted partner for Fortune 1000 companies building transformative Enterprise-class connected product solutions. We offer complete design consulting, development, and systems integration services for Industrial IoT projects, as well as production operational support to commercialize and maintain successful connected offerings at scale. Our industrial reference applications and solution templates bring a faster path to production on the Public Cloud, in your datacenter, and at the edge, providing complete data modeling and management, sophisticated policy-driven access controls, device lifecycle management, and out-of-the-box enterprise system integration. Our customized solutions leverage your choice of cloud infrastructure and tools, to which we bring decades of expertise with industrial controls and protocols, embedded systems, and intelligence at the edge. Global production deployments include Manufacturing, Oil & Gas, Healthcare, Agriculture, Smart Building, Heavy Equipment, and other industries for Asset Management, Predictive Maintenance, and Yield Optimization. Bright Wolf solutions have been deployed on Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform.
PTC
PTC
PTC is a global provider of technology platforms and solutions that transform how companies create, operate, and service the "things" in the Internet of Things (IoT). The company's next-generation ThingWorx technology platform gives developers the tools they need to capture, analyze, and capitalize on the vast amounts of data being generated by smart, connected products and systems. The company's field-proven solutions are deployed in more than 26,000 businesses worldwide to generate a product or service advantage. PTC's award-winning CEO, considered an industry thought leader, co-authored the definitive guides to the impact of the IoT on business in the Harvard Business Review.
Litmus Automation
Litmus Automation
Litmus transforms the way companies enable Industrial IoT, Industry 4.0 and Digital Transformation with one goal in mind - unmatched time-to-value. Our modern edge platform for industry provides instant data connectivity, ready-to-use analytics, and the ability to orchestrate applications at scale. Litmus liberates the data locked in any industrial system to transform critical edge data into actionable intelligence that can power Predictive Maintenance, Machine Learning, and AI. Customers include 10+ Fortune 500 manufacturing companies, while partners like Siemens, HPE, Intel and SNC Lavalin expand the Company’s path to market. For more information visit www.litmus.io.
FogHorn
FogHorn
FogHorn is a leading developer of “edge intelligence” software for industrial and commercial IoT applications. FogHorn’s software platform brings the power of Machine Learning and advanced analytics to the On-Premise edge environment enabling a new class of applications for advanced monitoring and diagnostics, asset performance optimization, operational intelligence and Predictive Maintenance use cases.
Hitachi Vantara (Hitachi)
Hitachi Vantara (Hitachi)
Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd., helps data-driven leaders find and use the value in their data to innovate intelligently and reach outcomes that matter for business and society. They combine technology, intellectual property and industry knowledge to deliver data-managing solutions that help enterprises improve their customers' experiences, develop new revenue streams, and lower business costs. Only Hitachi Vantara elevates your innovation advantage by combining deep information technology (IT), operational technology (OT) and domain expertise. They work with organizations everywhere to drive data to meaningful outcomes.
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