Big data is leading to some major breakthroughs in the modern workplace. One study from NewVantage found that 97% of respondents said that their company was investing heavily in big data and AI.
Maintenance management’s primary focus has always been maximizing the quality, effectiveness, and quality of equipment in an organization. And this is usually at the lowest possible costs in terms of material and machinery. Over the years, asset-intensive industries have been searching for cost-efficient ways of managing, repairing, and overhauling activities. This necessity has resulted in the development of digital technology focused on these functions.
Such technologies include Digital Twin tools, Internet of Things, predictive maintenance, Big Data, and artificial intelligence. Although most of these have only emerged during the past decade, organizations that adopted them earlier have reported impressive benefits. These technologies are continually evolving, and more companies are continuing to incorporate them into their maintenance department structure. Significant digital trends have arisen due to these technologies, and they continue to benefit maintenance management. Below are some of these trends.
1. Asset data collection
Data has become a crucial organizational asset. Companies need to make the most out of their data resources, which includes collecting and processing them correctly.
Data collection and processing methods are predicted to optimize the allocation of various resources for MRO functions. They are also expected to strengthen the decision-making processes in firms. Sensor networks and sensors have both improved from a design and technological perspective. As a result, large volumes of data are now being generated by various equipment. Not every one of these data is crucial.
Your business needs data supporting the analysis and evaluation of decision-making processes. Unfortunately, this is not implemented in most cases, which leaves you with massive data amounts that are not useful. Additionally, data collection becomes a costly process.
IoT automates data collection, in addition to simplifying data mining. When this data is managed within a CMMS with data analytics capabilities, it enables your maintenance professionals to access real-time information at any given time from any location.
By discovering what is CMMS system, you will have a better understanding of how it works. Your maintenance management department will be able to make better decisions once they use it.
A number of new workplace automation software applications have reached the market in recent years. Mechanization and automation are currently being used to enhance the maintenance and operations of assets by organizations. Machine learning has made automation much more feasible.
Maintenance managers are continually finding suitable combinations of technological tools to meet the needs of their systems. The maintenance management department can now use robotics to clean and disinfect your machines and premises. Using AI-based solutions will improve efficiency and productivity as compared to traditional methods.
You can also use sensor fusion technologies to measure vibrations, orientations, and motion. Moreover, you can now use accelerometers to rotate, vibrate, and accelerate different facilities. Lastly, it is possible to use intelligent business systems to embedded technologies.
3. Compliance and safety management
Big data is also becoming a lot more important for companies that are trying to adhere to new compliance and safety standards. Since new regulations are being released on a regular basis, this is a huge benefit of big data for businesses that cannot be overlooked.
Automation is reshaping entire management processes in various organizations. Using cloud-based platforms will allow you to automate entire operations and gain visibility. That helps you make informed decisions. These platforms also enhance collaboration among members of your maintenance teams. They enable them to identify and resolve disruption and ensure that they are complying with safety standards.
Platforms that have data analytics functions can help your maintenance team to utilize the data for audit purposes. Based on this data, your organization can identify any red flags, allowing you to take corrective measures.
4. Predictive and preventative maintenance
Another digitization trend that is all the rage is the predictive and preventative maintenance capabilities. Data from integrated CMMS and data captured by sensors can provide your maintenance employees and other relevant decision-makers with increased control over the machines they operate. Using this data, your workers will be well-informed about how their machines function, enabling them to schedule maintenance.
Well-timed maintenance will be instrumental in reducing maintenance and labor costs. By leveraging CMMS, you will also manage your work orders, track service management units, and ensure route optimization. Lastly, this tool will be essential for effective decision-making.
Businesses are slowly but surely adopting these trends into their maintenance management processes. It would be best if you began introducing these digital tools to enhance your team and machine performance.
Big Data Offers Huge Benefits to Management Maintenance
There are a lot of great reasons to invest in big data in 2021. Many companies are using big data to optimize their management maintenance strategies.