LONDON--(BUSINESS WIRE)--A global data analytics and advisory firm, Quantzig, that delivers actionable analytics solutions to resolve complex business problems, has announced the completion of their latest predictive maintenance engagement.
Predictive maintenance is a condition-based maintenance that monitors the condition of assets by making use of sensor-deployed devices. These sensor-deployed devices mainly focus on supplying data in real-time, which is used in predicting when the asset will require maintenance. Predictive maintenance also helps in preventing equipment failure. The client, a European conveyor belt manufacturer, wanted to leverage predictive maintenance to make sense of the large volumes of data it received from their conveyor belt sensors.
Predictive maintenance is the most advanced type of maintenance currently available. Request a FREE proposal to know how predictive maintenance can improve your asset’s life.
The client, a European conveyor belt manufacturer and servicing provider, wanted to switch from reactive maintenance to predictive maintenance to curtail risks and identify problems before they occur. This conveyor belt manufacturer wanted to collaborate with Quantzig to leverage its expertise in analyzing huge data sets which were received from the devices with sensors to gain actionable insights to schedule maintenance on a prior note.
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“The first step in practicing predictive maintenance is establishing baselines. You need to monitor assets’ conditional baselines and collect data before installing sensors.” says a predictive maintenance expert from Quantzig.
Solution Offered and Value Delivered
Quantzig’s experts harnessed data from every possible sensor and created time-series modeling combined with machine learning. Furthermore, the predictive maintenance experts also used Fourier and Support vector machine algorithms for the transformation of sensor data followed by a predictive analysis to generate maintenance alerts and recommendations.
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Quantzig's predictive maintenance solutions helped the client:
- Ensure a better maintenance management
- Reduce maintenance issues
- Improve the life of assets by an average of 4 years
Quantzig’s predictive maintenance solutions can help you reduce the downtime of repair. Request for more information.
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision-making. Today, our firm consists of 120+ clients, including 55 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit: https://www.quantzig.com/request-for-proposal.