Predictive Analytics

Predictive analytics is a type of business analytics that uses machine learning to create predictive models for various business applications. Predictive analytics predicts what will likely happen in the future based on past data. For example, data mining techniques can help businesses identify patterns in data to predict future events, such as risk management, fraud detection, and cybersecurity planning.

Predictive Maintenance

Predictive maintenance (PdM) is a maintenance philosophy that uses sensor devices to monitor the condition of assets and predict when maintenance is needed. This helps prevent equipment failure. PdM can improve productivity and efficiency by reducing downtime, maintenance costs, and the number of machine failures.

Digital Twins

A digital twin is a virtual model of a physical object, process, or system that is used for simulation, testing, monitoring, and maintenance. Digital twins can be created by scanning physical entities or importing conceptual models. They can then be used to analyze and visualize these entities along with data from the Internet of Things (IoT) and enterprises.