Maintenance in IOT era!
Madhivanan T.A (Madhi) PMP, ICF (ACC)
Global Leader & a Leadership Coach with experience in multiple functions across continents, now working as a Regional Director for Microsoft. Building Hyperscalers! Opinions on LinkedIn are my own!
Will IoT change the future of maintenance? Can it be true that you need few people in the future to maintain your plant! Well, maybe it's becoming a reality!
7-8 decades back if someone would have told an operator that you can operate a valve remotely, it would have been a joke, but today it's a reality!
With IoT in place, data aggregation can be used for predictive maintenance. You can monitor more data points of the equipment and manage your maintenance remotely. IoT-based predictive maintenance is a new reality. The question is always about the investment requirement. #Aggregation of data for predictive maintenance is becoming the new reality in the automobile sector where chips in the vehicles are used for remote monitoring of engine/vehicle to monitor the reliability data.
The same way aggregate sourcing was a buzzword two decades back, it's only a matter of time when aggregating data for predictive maintenance of various operators/owners will become the new buzzword of this decade. It's becoming a reality with more OEMs looking at a possibility of #aggregating data about their equipment. As more and more chips are developed that can withstand high temperature & pressure, installing them in equipment to collect and aggregate data will become the new way of #predictive maintenance by the OEMs in several industries.
The latest trends for?#IoT can hugely have a positive impact on the #maintenance industry, favoring the transition towards a much more advanced, automated, and interconnected #Manufacturing "4.0" Environment thus avoiding #R2F (Run to failure) reducing the downtime of the plant thus increasing the productivity and profit.
Definitely, a lot to innovate in this space!
Feel free to comment!
Construction Equipment Management Professional
3 年It was a thought-provoking article Madhi! Great ?? . Going forward IIoT should definitely pave way for a win-win to both the asset users(owners) for better Return on Investment, graceful aging with an optimum useful life (as well as ) to OEM's for better product development (keeping in mind of Life cycle cost of the end-users and strictly not to enhance their spare parts sale). The maintenance industry is having its own pitfalls on manually recorded data points which are distorted in value and time stamps, losing their integrity and not helping to take the right decisions at the right point in time. As said by you definitely IIoT going to be a game-changer in years to come and expected to bring proper equitable oriented directions for both asset owners and the OEM's. Detecting the performance deterioration much earlier in the P-F curve is a dream of any maintenance professional and IIoT is going to fulfill this dream to the maximum extent. Thanks, Madhi for the opportunity to discuss.
Purchase Manager at The Dow Chemical Company
3 年Congratulations Madhi.....
Industry Solutions Leader @ Dassault Systèmes | ASEI National
3 年Great points Madhi! This is already happening in our capital intensive industries too like you alluded to. Data driven decision making holds lots of potential fueled by IoT devices that are sprouting all around us.
Retired - Operations Learning and Talent Development Leader
3 年Great article Madhi! It took me back to 1985 when I started as a tech maintaining process control systems. At that time we’d come a long way with automation for the people that were late in their careers. Essentially a generation later we’ve advanced significantly and I can only imagine what the future brings. Thanks for sharing and great food for thought for people that want to stay successful.
Director Precision Equipments & Past Chairman Indo American Chamber Of Commerce, TN Branch
3 年Definitely it will redefine the maintenance landscape which can save time and money. But will the operators be willing to share data with the product manufacturer ? For sure product manufacturer knows the product well compared to the user ( like your car ) and if this gap can be bridged there is tremendous potential and benifits to be captured