NTT Blog

What’s The Impact of Predictive Maintenance Programs?

Since the advent of maintenance programs that tried to prolong the life of equipment, preventive maintenance has been the staple.  As predictive maintenance technologies became viable, the addition of this aspect has increased the reliability of equipment and systems substantially.  It is generally true that the most effective form of facilities maintenance is preventive and predictive coming together in a cohesive program.

Studies and independent surveys have estimated that a properly functioning predictive maintenance program can provide major savings and a notable return on investment.  In order to reap the benefits of a predictive maintenance program, your company must be committed to these practices starting from upper management on down. Predictive maintenance programs are discussed directly in the Operations & Maintenance Best Practices Release 3.0 published by the U.S. Department of Energy stating that, “a properly functioning predictive maintenance program can provide a savings of 8% to 12% over a program utilizing preventive maintenance alone. Depending on a facility’s reliance on reactive maintenance and material condition, it could easily recognize savings opportunities exceeding 30% to 40%.” The elimination of breakdowns, reduction in maintenance costs and downtime, increase in production and an overall return on investment are all a result of a well implemented predictive maintenance program.

To start the process of implementing a predictive maintenance program or to enhance your understanding of the technologies available, check out any one of these NTT Training seminars: Vibration Analysis, Infrared Thermography, Ultrasound Testing, Oil Analysis or Intro to Predictive Maintenance.

For more information Contact NTT Training or call (855) 712-7353.