Predictive Maintenance Market β The Evolution from Niche Topic to High ROI Application
βIn the spring of 2016, we attended an industry-leading maintenance conference in Dortmund, Germany, full of hopes to discuss how companies were embracing the new AI-enabled paradigm of predictive maintenance. In 2016, the global predictive maintenance market was valued at $1.5 billion, considerably smaller than the condition-based maintenance market. Predictive maintenance in 2021 is a […]