Condition monitoring integrated within industry 4.0 frameworks can increase operational efficiency for many businesses. Sensors, data analytics, and real-time information allow for usage-based preventive maintenance to improve machinery performance and reduce downtime. Industry 4.0 concepts also work together to boost productivity by detecting potential faults for constant equipment health monitoring. This connection facilitates seamless data-driven decision making across production lines, enabling benefits like lower costs, optimized resource allocation, and reduced waste. As a result, businesses enjoy lower operating expenses, extended equipment lifespans, and flexibility to adapt to changing market needs.