Analyst Report

PAC - Digital Is Revolutionizing Predictive Maintenance

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Based on interviews with more than 230 senior business and technology decision-makers, this report explores the impact of digital transformation on maintenance processes and achieving cost savings.

Highlights

  • 93% of companies describe their maintenance processes as 'not very efficient' which means there is plenty of room for improvement.
  • 55% of the companies are at least piloting predictive maintenance initiatives while 23% are generating a tangible business impact.
  • 49% of companies have already invested in predictive maintenance initiatives and plan to further invest in the next two years.
Predictive analytics can revolutionize maintenance processes and bring tangible business impact, which is why more than half of European organizations already run predictive maintenance initiatives.

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