It’s only human to try to keep our world in order. Even the most disorganized people you know crave a little bit of organization. Since the invention of machines, humans have known that machines break too!
Humans are always looking for ways to ease their lives. How can we achieve this if the very machines that help us keep breaking down?
If only there were a way of knowing or predicting the exact time your machine would break down.
Regarding the equipment used in buildings, such prior knowledge would save lives. Not to mention, a lot of money! Building owners and their tenants would have a safety guarantee.
All this sounds like sci-fi. But what if I told you there exists software that predicts all these things for you, the building owner?
Prediction takes a lot of effort. It has to deal with calculated data in a period. Immersing us in Predictive Maintenance Machine Learning could be a great help. What is Predictive Maintenance? Why did it become a topic?
Predictive Maintenance
Predictive Maintenance is like being on the lookout for your stuff. The difference is that we use special sensors and tools to monitor things. It can help you predict if equipment might break or need fixing. Pretty cool, right? We study the current data and information to tell if something has a chance of failing so we can fix it earlier.
Sophisticated algorithms help in this process. The technology will work like magic and will inform if there is a need for repair or restoration.
Usually, engineers and technicians must immerse themselves in these technologies. But building owners and property managers are also encouraged to know about this. Not to mention IoT Predictive Maintenance which means Internet of Things Predictive Maintenance. It also means that objects like house appliances and cars connect to the internet and talk to each other.
On that note, here is a list of 10 good things about Predictive Maintenance Software. It’s for Building Owners, Property Managers, and anyone who loves predictions.
1. Increased Equipment Reliability
Using Predictive Maintenance makes the equipment reliable and improves how well it works. Here’s the catch, some companies are already predicting problems before they happen. But how? They use smart computers and also check on their systems all the time. This helps them to limit downtime and make things work even better.
Since Predictive Maintenance helps us tell when to fix equipment, it gives a good ROI. The return on investment comes from the extended lifespan of the building’s equipment.
2. Enhanced Safety
With such software, property managers should be confident about the safety of their tenants. This is because Predictive Maintenance Solution helps managers predict danger before it happens. For example, the property manager can know when an elevator is about to break down.
This allows the property manager to repair or replace the elevator before it breaks down. This not only increases the lifespan of the equipment but saves countless lives!
3. Extended Equipment Lifespan.
With Predictive Maintenance, it leads us to early detection of probable equipment breakdowns. You can call the maintenance team early if you suspect a future breakdown. Besides, you need to have maintenance scheduling for the equipment now and then.
In this way, you are not only stopping the inevitable!
Predictive Maintenance is like always preparing to fix things before they break. It tells us how long equipment can last and makes life easier for the tech industry.
4. Reduced Maintenance Workload
A stitch in time saves nine! This is a saying that you have heard before. So when building maintenance, follow the saying like the gospel truth. Waiting too long to fix equipment could result in dire consequences.
This is not something you want for your building equipment. Of course, waiting doesn’t cost a cent, but it will cost you the building’s equipment!
Also, if you wait too long without fixing one problem, more problems pile up. Usually, this messes with the integrity of your entire building.
Predictive Maintenance helps us avoid all that. It reduces our work to keep everything running well on your property. Thus, the software will let you know whenever building equipment needs repair, and you will act fast.
5. Data-driven Decision Making
In 2024 the world will produce more data than in previous years. How Predictive Maintenance uses data to help building managers? By predicting equipment efficiency, you can predict breakdowns.
This helps building owners make better decisions about when to do maintenance. This way, they can avoid costly breakdowns!
For example, your building’s air conditioning unit could have a few issues. With predictive maintenance machine learning, you use data from the unit to troubleshoot. If the data shows that the unit is starting to wear down, you could make an early decision. You could also do some maintenance before it breaks down completely.
6. Minimized Reactive Maintenance
Predictive Maintenance Software helps the building owners and property managers avoid breaking things. It reduces something risky called Reactive Maintenance. This means waiting for things to break before fixing them.
Reactive maintenance is costly and ends up taking up a lot of time. Yet, with Predictive Maintenance, the unique technology finds problems before they happen. This allows you to fix your building’s equipment before it’s too late and expensive.
7. Optimized Capital Planning
Predictive Maintenance is like having a superpower for building owners and property managers. It helps you make smart decisions before things break down. Thus saving time and money on expensive repairs.
You can plan and use resources wisely, hence avoiding surprise costs. It also makes the buildings last longer, making them profitable and sustainable.
8. Remote Collaboration: Working Together Made Easier
Working together makes the work easier. Collaboration means communicating with others. But it can be possible nowadays through virtual meetings with people who are far apart.
For example, predictive maintenance software allows real-time data sharing. This allows off-site experts to access data and troubleshoot problems. The experts can also recommend repairs without being on-site.
9. Benchmarking and Performance Comparison
Benchmarking means learning from past experiences. Engineers often use benchmarking to try and see how well something works. They look at how equipment performs and compare it to industry standards. This helps the engineers learn.
So, benchmarking helps you understand what has worked in similar buildings. All this is possible because of innovative solutions like predictive maintenance software.
10. Increased Occupant Comfort
In the 21st Century, people are willing to pay for comfort. This entails living in a well-heated or cooled building.
But sometimes, the temperature isn’t right for the people inside. That’s where Predictive Maintenance Software comes in. It helps building owners and property managers make sure everyone feels comfortable.
Special sensors and tools monitor things like heating and cooling systems. These sensors can tell if something might go wrong. If they detect a problem, it alerts the building owner or manager. This allows maintenance work to happen.