How Condition-Based Maintenance Helps Predict And Prevent Unplanned Downtime
An ounce of prevention saves a pound of treatment. Thanks to the Internet of Things, prevention is now easier than ever. Condition-based maintenance (CBM) uses the internet of things to monitor building equipment, triggering preventive maintenance before it’s too late. Think of CBM as listening to your machines. Just like when a check engine light comes on, when the sensors detect an issue, you’ll get a notification.
Using CBM can reduce overall building maintenance costs by 25%, eliminating up to 70% of breakdowns, according to research from IBM. CBM prevention can reduce downtime by up to 50%, subsequently cutting unplanned outages by up to 50%. Combined with reducing scheduled repairs by up to 12%, CBM can reduce overall capital investment into maintenance by 3-5%.
Technology and the Internet of Things has changed our daily lives in so many ways. One of the best ways is technology’s newfound ability to save you money on costly machine maintenance. Everything you need to know about your machines is just below the surface. Dive in and start saving.
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