Keywords

SPM, FSM, IIoT, OEM, Ingersoll Rand, TCS, Coherent, Fisher Valves, Seeq

Overview

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The prime reason most industrial plants still have internal, on-site mainte-nance staffs is to reduce repair times and unplanned downtime, which negatively impact revenue, customer satisfaction, cost, and other key busi-ness metrics. In most plants today, contracting with the equipment manufacturer for maintenance usually results in unacceptably long periods of downtime for critical equipment while waiting for a technician to arrive – particularly with the typi-cal two passes required for inspection and repair.

However, emerging Industrial IoT (IIoT)-enabled condition monitoring and predictive maintenance approaches allow manufacturers to re-consider outsourcing to the OEM. Faced with the current skills shortage and other constraints, many will find OEM supplier-provided services appealing.

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