Predictive maintenance refers to a proactive maintenance strategy that leverages data analytics to predict when equipment failure might occur. This allows organizations to schedule maintenance at preferable intervals, thus avoiding costly breakdowns and unplanned downtimes. Traditional maintenance methods, like preventive maintenance, often rely on fixed schedules or reactionary measures, which can lead to inefficiencies and increased costs. According to
Deloitte, effective predictive maintenance can yield significant drops in unplanned downtime—up to 30%—and result in faster service resolutions.