A recent Bain & Company report suggests predictive maintenance is just one area of industrial IoT that hasn’t met expectations. “Two years ago, predictive maintenance was forecast to be one of the ...
According to MarketsandMarkets™, the AI Driven Predictive Maintenance Market is expected to reach USD 19.27 billion by 2032 ...
The Industrial Internet of Things (IIoT) is entering a new stage to one where enterprises are testing the technology, with predictive maintenance as the starting point for many, says Chris Nelson, VP ...
Imagine if a technician somehow knew that one of your home devices was going to fail soon, and showed up with the correct tools and parts to fix it at just the right moment. How much time, money, and ...
In this interview, Sunil David explains how industrial IoT is reshaping factories through data, automation and analytics, ...
According to MarketsandMarkets™, the Predictive Maintenance Market is expected to grow from USD 9.71 billion in 2026 to USD ...
Chicago, Feb. 04, 2026 (GLOBE NEWSWIRE) -- The global predictive maintenance market was valued at 8.96 billion in 2024 and is expected to reach US$ 91.04 billion by 2033, growing at a CAGR of 29.4% ...
As the world of industrial technology has become more competitive, companies have realized the importance of being able to adapt quickly to unpredictable changes in workflow and production. When ...
Manufacturers know that unscheduled downtime due to tool failure is costly. Industrial Internet of Things (IIoT) solutions can help predict the maintenance needs of factory tools before they fail, ...
The automotive industry continues to be a hotbed of innovation, with activity driven by the need to reduce maintenance cost and improve customer experience and safety, and growing importance of ...
However, not all innovations are equal and nor do they follow a constant upward trend. Instead, their evolution takes the form of an S-shaped curve that reflects their typical lifecycle from early ...
Infrastructure services company Downer and Microsoft have revealed details of an Azure-based IoT platform delivering predictive maintenance capabilities to Sydney’s train fleet. Downer and Microsoft ...