Sticking to the break/fix model is an operational weakness for energy, oil and gas related operations. Poor to non-existent maintenance strategies can reduce a plant’s productive capacity up to 20 percent. Unexpected downtime affecting industrial manufacturers due to equipment failure results in an estimated loss of 50 billions each year.
Predictive maintenance uses data and algorithms to optimize high-value machinery that manufacture, transport, generate, or refine products.
InsightOut Analytics is a consulting firm for Data Science, Machine Learning & AI.
We develop complete business solutions which enable our clients to stay competitive in their industries by taking data-driven decisions.
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