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1
Source: Oniqua Enterprise Analytics, Reducing the Cost of Preventative Maintenance, http://www.plant-maintenance.com/articles/PMCostReduction.pdf
2
Source: T.A. Cook, Maintenance Efficiency Report 2013, August 2013. http://uk.tacook.com/fileadmin/files/3_Studies/Studies/2013/
T.A._Cook_Maintenance_Efficiency_Report_2013_En.pdf?tracked=1
3
Source: ARC view, Optimize Asset Performance with Industrial IoT and Analytics, August 2015 http://www-01.ibm.com/common/ssi/cgi-bin/ssialias?subtype=
WH&infotype=SA&htmlfid=WWL12350USEN&attachment=WWL12350USEN.PDF
4
Source: Enterprise Asset Management and Field Service Management, ARC Advisory Group, 04/17/2015. http://www.arcweb.com/market-studies/pages/enterprise-asset-management.aspx
5
Source: McKinsey https://www.mckinsey.de/sites/mck_files/files/unlocking_the_potential_of_the_internet_of_things_full_report.pdf
6
Source: Fortune http://fortune.com/2015/07/22/mckinsey-internet-of-things/
7
Source: G.P. Sullivan, R. Pugh, A.P. Melendez and W.D. Hunt, “Operations & Maintenance Best Practices: A Guide to Achieving Operational Efficiency, Release 3.0,” Pacific Northwest National Laboratory, U.S.
Department of Energy, August 2010.
8
Source: IDCON Inc., Optimize your Preventive Maintenance, http://www.idcon.com/resource-library/articles/preventive-maintenance/528-optimize-preventive-maintenance.html
Learn more about how CBM can help you maximize
uptime, visit: http://ibm.co/asset-mgt
A full
40%of organizations are
not using any form of
predictive maintenance.4
50%
4
Total spend on preventive
maintenance can be
reduced by up to
23%of organizations that are
using predictive maintenance
integrate work order systems.4
Only For example, on
one oil rig
99%of data collected
from sensor-enabled
assets went unused. 5
30%of preventive maintenance
activities are carried
out too frequently1
45%of all maintenance
efforts are ineffective2
Most companies are aware of waste
in their preventive maintenance efforts,
but aren't quite sure how to eliminate it.
Traditional preventive
maintenance embraces
a time based approach.
This consumes unnecessary resources
and may actually cause failure by
disrupting the equilibrium of stable assets. 3
How do you know where to
spend your time, money and resources?
Your machines are talking.
Are you listening?
Condition-based maintenance (CBM) is a
discipline that uses the Internet of Things to monitor asset
conditions and trigger preventive maintenance actions.
This can help you
predict and prevent unplanned downtime.
With CBM you can:
Listen to your machines!
The results speak for themselves.
By implementing CBM best practices:
and yet...
Monitor and analyze
asset health data, both
historical and real-time
Intervene at
the right time,
before assets
go down
Prioritize and
optimize resources
Listen to your machines!
Are your preventive maintenance
efforts wrenching away precious
resources?
Time to listen to your machines.
Eliminate
up to
of breakdowns7
70%25%
6
Reduce
maintenance
costs by up to
50%
5
Reduce
downtime
by up to
12%
7
Reduce
scheduled
repairs by up to
50%
6
Cut
unplanned
outages by up to
3-5%5
Reduce
capital
investment by
50% to 70%
Total preventative
maintenance hours
can be reduced by8
40%of preventive maintenance
costs are spent on
assets with negligible
affect on uptime failure1
Only 18%of assets have an age
related failure pattern3
82%of asset failures
appear random3

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Improving operations with predictive maintenance

  • 1. © Copyright IBM Corporation 2016. IBM, the IBM logo, and ibm.com are trademarks of International Business Machines Corp., registered in many jurisdictions worldwide. Other product and service names might be trademarks of IBM or other companies. A current list of IBM trademarks is available on the Web at “Copyright and trademark information” at www.ibm.com/legal/copytrade. 1 Source: Oniqua Enterprise Analytics, Reducing the Cost of Preventative Maintenance, http://www.plant-maintenance.com/articles/PMCostReduction.pdf 2 Source: T.A. Cook, Maintenance Efficiency Report 2013, August 2013. http://uk.tacook.com/fileadmin/files/3_Studies/Studies/2013/ T.A._Cook_Maintenance_Efficiency_Report_2013_En.pdf?tracked=1 3 Source: ARC view, Optimize Asset Performance with Industrial IoT and Analytics, August 2015 http://www-01.ibm.com/common/ssi/cgi-bin/ssialias?subtype= WH&infotype=SA&htmlfid=WWL12350USEN&attachment=WWL12350USEN.PDF 4 Source: Enterprise Asset Management and Field Service Management, ARC Advisory Group, 04/17/2015. http://www.arcweb.com/market-studies/pages/enterprise-asset-management.aspx 5 Source: McKinsey https://www.mckinsey.de/sites/mck_files/files/unlocking_the_potential_of_the_internet_of_things_full_report.pdf 6 Source: Fortune http://fortune.com/2015/07/22/mckinsey-internet-of-things/ 7 Source: G.P. Sullivan, R. Pugh, A.P. Melendez and W.D. Hunt, “Operations & Maintenance Best Practices: A Guide to Achieving Operational Efficiency, Release 3.0,” Pacific Northwest National Laboratory, U.S. Department of Energy, August 2010. 8 Source: IDCON Inc., Optimize your Preventive Maintenance, http://www.idcon.com/resource-library/articles/preventive-maintenance/528-optimize-preventive-maintenance.html Learn more about how CBM can help you maximize uptime, visit: http://ibm.co/asset-mgt A full 40%of organizations are not using any form of predictive maintenance.4 50% 4 Total spend on preventive maintenance can be reduced by up to 23%of organizations that are using predictive maintenance integrate work order systems.4 Only For example, on one oil rig 99%of data collected from sensor-enabled assets went unused. 5 30%of preventive maintenance activities are carried out too frequently1 45%of all maintenance efforts are ineffective2 Most companies are aware of waste in their preventive maintenance efforts, but aren't quite sure how to eliminate it. Traditional preventive maintenance embraces a time based approach. This consumes unnecessary resources and may actually cause failure by disrupting the equilibrium of stable assets. 3 How do you know where to spend your time, money and resources? Your machines are talking. Are you listening? Condition-based maintenance (CBM) is a discipline that uses the Internet of Things to monitor asset conditions and trigger preventive maintenance actions. This can help you predict and prevent unplanned downtime. With CBM you can: Listen to your machines! The results speak for themselves. By implementing CBM best practices: and yet... Monitor and analyze asset health data, both historical and real-time Intervene at the right time, before assets go down Prioritize and optimize resources Listen to your machines! Are your preventive maintenance efforts wrenching away precious resources? Time to listen to your machines. Eliminate up to of breakdowns7 70%25% 6 Reduce maintenance costs by up to 50% 5 Reduce downtime by up to 12% 7 Reduce scheduled repairs by up to 50% 6 Cut unplanned outages by up to 3-5%5 Reduce capital investment by 50% to 70% Total preventative maintenance hours can be reduced by8 40%of preventive maintenance costs are spent on assets with negligible affect on uptime failure1 Only 18%of assets have an age related failure pattern3 82%of asset failures appear random3