In every industrial process in existence today, one of the most important parts of the system is the predictive maintenance department. Shell has noted that predictive maintenance can add a number of benefits to a company, including saving time and money, as well as developing a safety architecture that can potentially save lives. It’s because of these distinct benefits that large companies are looking towards predictive maintenance in order to increase their production and decrease downtime. It’s no longer a case of “if it isn’t broken, don’t fix it,” because ensuring machinery doesn’t break down is by far the more financially beneficial methodology.
Tailored industrial IoT solutions
A large number of companies have taken to tailoring their Industrial IoT (IIoT) solutions to meet the demands of their own companies. The popularity of IoT devices within industrial circles, according to IEEE, is their ability to access data from an industrial source while using simple, internet-enabled devices that can be easily configured.
lika plc (LON:IKA) is a pioneer in materials innovation and has been inventing new materials for energy and electronics applications for over a decade. Global brands such as Rolls Royce and Toyota have long term collaborations with Ilika’s development teams.
