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Predictive Maintenance

LTI’s Predictive Maintenance solution enables organizations to access multiple data sources in real-time. This enterprise business intelligence solution also allows them to predict asset failure or quality issues to avoid costly downtime and reduce maintenance costs. This early identification of potential concerns helps you deploy limited resources more cost effectively, maximize equipment uptime and enhance quality and supply chain processes, ultimately improving customer satisfaction. This Business Intelligence & Analytics solution also provides advanced visualization and self-service interactive interfaces for easy adoption by business users.

One of the applications of our Predictive Maintenance Solution is the cost-effective maintenance we helped enable for one of our Oil & Gas clients.

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    Highlights

    • Predict where, when, and why asset failures are likely to occur.
    • Quickly identify primary variables as part of root-cause analysis process.
    • By better understanding asset performance and product quality, organizations will also be able to:
      • Minimize product quality and reliability issues to meet customer delivery schedules.
      • Optimize spare-parts inventory to reduce inventory costs associated with stockouts and overstocks.
      • Predict warranty claims to increase customer satisfaction.
      • Enhance sales and operations planning to reduce operations costs.
      • Inform upcoming issues to planning & budgeting teams, prior to the occurrence of costly event failures.