AI Magazine April 2023 | Page 113

IOT

“ SCADA has been around for 40 years , but Industry 4.0 technologies such as AI , ML and IoT have taken it to a whole new level of sophistication ”

ANDY HANCOCK GLOBAL VP , DIGITAL SUPPLY CHAIN CENTRE OF EXCELLENCE , SAP
Predictive maintenance Data-driven predictive maintenance solutions are helping businesses with profitability , sustainability and the personal safety of their people .
According to SAP , predictive maintenance seeks to prevent equipment failure and downtime by connecting IoT-enabled enterprise assets , applying advanced analytics to the real-time data they deliver , and using the resulting insights to inform educated , cost-effective , and efficient maintenance protocols .
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