statistics

805/2014

Your competition is using it. Are you?

By |May 8th, 2014|Categories: Predictive Analytics, Predikto News / Events|Tags: , , |

In a world with amazing amounts of statistics and demographics
available, If you don’t utilize foresight, statistics, demographics,
projections and predictions the competition will.”

Akutra-Ramses Atenosis Cea
Author of Spidersilk

 

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2503/2013

Traditional Predictive Maintenance is missing a key component

By |March 25th, 2013|Categories: Predictive Analytics|Tags: , , |

Predictive Analytics complements and improves on traditional DCS, vibration, and other systems making up traditional predictive maintenance practices. These predictive systems are not intended to provide early warning. Rather, they are deployed to prevent significant equipment damage or failure.

Traditional monitoring systems are set to detect and prevent catastrophic damage. Alert levels must be set relatively broadly in order to prevent false alarms due to a wide range of operating conditions. Once a potential failure is […]