Is the hype about predictive maintenance costing you? - Wipro

Harry1218 Jul, 2022Business

Many technology trends go through hype cycles. At a certain stage of the cycle everyone is so enamored with the perceived benefits that investments are made without a sound rationale. Riding on manufacturers? need to curb rising maintenance costs, ensure seamless operations, and reduce downtime, Predictive Maintenance is being hailed as the gateway to Industry 4.0. In fact, according to a report by Allied Market Research, the global predictive maintenance industry is estimated to reach $23.01 billion by 2026