IIoT-based predictive maintenance - A mission critical need for manufacturing

Industry 4.0 continues to gain momentum across every industrial and manufacturing segment. This revolution is built upon three primary technologies: Big Data, Edge Computing and the Internet of Things (IoT). As the adoption of IoT devices continues to grow, many organizations are switching to edge technology because of its advantages over legacy cloud solutions. One of the key advantages of edge computing is real-time predictive maintenance. In a predictive analytics solution, Artificial Intelligence (AI) is combined with Business Intelligence (BI) to monitor the operating condition and predict when to perform maintenance on that asset.