You are very well aware of the fact that the economic value generated by effective predictive maintenance and reliability optimization is clearly a factor that you and your organization cannot ignore.

However, the initial cost for such improvements is high, hence making every decision critically important. Additionally, reliability and maintenance processimprovements need a great deal of coordination between all levels of management and technical staff, and may rely heavily on contractual relations with equipment and parts providers and consultants. Furthermore, there are numerous technologically advanced monitoring and maintenance systems promising to optimize processes, whose actual return-on-investment and internal management and implementation methods may not be visible.

The industry’s experts claim that the field of reliability and maintenance optimization and all their related issues is so vast that no single company can ever adventure into all potential options and single-handedly evaluate their impact and success rate in different settings and operational capabilities.