
Optimizing predictive maintenance with AI
Predictive maintenance can reduce production plant downtimes by up to 50 percent and maintenance costs by 20 to 40 percent. At least according to McKinsey.
Articles and background information on the topic

Predictive maintenance can reduce production plant downtimes by up to 50 percent and maintenance costs by 20 to 40 percent. At least according to McKinsey.

The SimKI project aims to use machine learning to evaluate data from real production in order to make the running-in processes of forming machines more efficient. Inneo is participating in the project with its IoT platform ThingWorx.

According to a recent study by Dell, a majority of companies believe that their current data security solutions will not be sufficient for the future. Action is needed now, because data loss costs companies almost 900,000 euros per year.

Trade fairs are to take place again in the fall. This was only recently decided by politicians. But there is still a great deal of uncertainty among companies and people. This is shown by the exhibitor survey conducted by Messe Stuttgart.

Machines that independently and proactively request maintenance before they threaten to break down. Production lines that provide real-time information about their current capacity utilization or energy consumption. These two examples are representative of many others that underline the great potential that the IT trend of the Internet of Things holds for the industry of the future.
In 2019, Weidmüller achieved growth of one percent compared to the previous year. Despite the coronavirus crisis and short-time working in the administrative area for the month of May, the company is cautiously optimistic about 2020.

The use of simulation has undergone rapid development in recent years. This will continue in 2020, as software will undergo decisive changes in many areas this year and have a significant impact on the industry.
Digitalization influences the success of companies. It is linked to disruptive concepts such as IoT, deep learning/machine learning, data analysis, big data, cloud and edge computing and thus to the all-encompassing artificial intelligence (AI).

Energy chain sensors from Igus monitor the movement of Güdel's linear robots and measure wear, making it possible to plan maintenance by recording and evaluating the data.
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