International competition, shorter product life cycles and faster technological leaps forward – these are only a few of the challenges the production of a company is facing in the 21st century. In order to survive in an environment like this, resource-efficient and secure planning of production processes are necessary to guarantee a consistent and high quality output. Unforeseeable machine failures as well as performance drops or deterioration in quality because of defective system components can lead to shortness of supplies which will eventually weaken the market position of the entire organization. To meet these requirements organizations are increasingly focusing on the improvement of maintenance, repair and operations of their machinery. In the previous years, the industry shifted their focus away from only reactive repair mechanisms towards the predictive coordination of machine maintenance. Predictive Maintenance falls under the category of the future of maintenance developments. Originally developed in the course of the “Industrie 4.0” high-tech strategy of the German government, today Predictive Maintenance represents the informatization of production processes - intelligent IT-based production systems on the path towards a Smart Factory. Through the generation and analysis of different machine data, the predictive power of the state of industrial plants is not only enhanced, but also provides the basis for an improved planning certainty as well as the efficient planning of repair and maintenance work.