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Smart Innovators: Maintenance Analytics for Heavy Asset Industries

The effectiveness of maintenance activities underpins the performance of industrial operations. This report details the solutions that provide insights into the effectiveness of maintenance programs, and the means to improve them, using data from assets and work orders.

Key Findings:  

  • Industrial firms increase spend on analytics to optimize maintenance activities. Managers in operations, maintenance and engineering functions in industrial firms are prioritizing asset reliability, integrity and performance measurement over the next two years. 
  • Firms are moving from reactive to proactive maintenance strategies. Commons asset maintenance strategies encompass: OEM-recommended planned maintenance for managing assets, condition-based maintenance, and reliability-centred maintenance. 
  • Different analytics providers offer varying levels of sophistication and customization. Users of maintenance analytics software require different levels of transparency and customization.

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