Predictive Asset Analytics Enabled by the Industrial Internet of Things

The current paradigm shift from “reactive” to “predictive” maintenance promises great business value. For industrial organizations, if leveraged properly the IIoT enables the transformation of data into actionable wisdom. In particular, large-scale capital equipment investments are ripe for predictive asset analytics that optimize performance, increase reliability and reduce overall costs. Schneider Electric advises that well-defined objectives and industry-specific solutions are essential to navigating the current wave of interconnected devices.