How to Measure ROI of Predictive Maintenance Applications

The event will be a webmeeting. The participants will receive a communication with the link for accessing the virtual room.

The progressive and pervasive digitisation of industry brings a paramount opportunity to enhance the productivity of manufacturing and assembly operations. In this context, state-of-the-art production systems implement Predictive Maintenance (PdM) solutions to complement preventive maintenance scheduling and avoid costly unexpected breakdowns and corrective maintenance actions.

Many successful European industries are implementing such kind of solutions to increase reliability and uptime of manufacturing equipment while reducing the associated mean time to repair. ForeSee is a cluster of six innovative R&D projects with relevant use-cases of sustainable PdM solutions across Europe. Within the cluster activity, projects’ partners are organizing a series of webinars to present the developed technologies and the related use-cases.

During this second webinar, the economic aspects, starting from the Return of Investment (ROI) of Predictive Maintenance applications will be presented, together with the showcase the two case studies of Prophesy and Uptime projects.

The language of the event will be English.