Predictive maintenance saves money and keeps your fleet running
Maintaining your fleet is a lot of work. To ensure everything stays up and running, you have to perform a variety of tasks on a consistent basis. Oil changes, belt replacement, regular inspections — everything has to be performed regularly to ensure you’re not risking critical breakdowns.
But now there’s a better solution. With the help of EquipmentShare Track, you can utilize the power of the Internet of Things and reap the benefits of predictive maintenance. This will help you refine your current upkeep routines, saving both time and money.
How it works
Predictive maintenance starts with information. Using a variety of sensors, telematics platforms like Track collect data on your assets, measuring and recording things like engine status, runtime and fluid levels. This data is then analyzed and potential issues are identified. You, the user, then receive automated alerts when a machine is approaching recommended maintenance benchmarks or if a problem is identified.
It’s as if someone gave you a crystal ball to gaze into the future of each specific machine in your fleet. Algorithms based on a set of rules combine both expected behavior and gradual deterioration, allowing you to accurately predict when a machine will need attention.
Why it’s better
Predictive maintenance offers benefits over traditional interval-based maintenance in three main ways.
- Lower maintenance costs – Predictive maintenance lowers costs by matching tasks with actual symptoms of future failure. This means you’re not performing unnecessary upkeep, saving time and materials.
- More uptime – Keep your fleet up and running by replacing components before they fail. By eliminating the causes of critical breakdowns before they happen and performing regular maintenance on schedule, you can ensure every asset is ready when you need it.
- Less time diagnosing, more time fixing – The old maintenance model usually meant dispatching a field tech to a broken-down machine, where upon arrival, he or she would have to identify the issue before it could be fixed. Sometimes this meant going back to the shop to pick up a tool or part to fix it. Predictive intelligence remotely identifies potential problems before they happen, which means less time diagnosing, and more time fixing.
Predictive maintenance gives you a clear picture into what’s happening with every machine in your fleet — and what’s wrong with it — without rolling out a truck to fix it.
What it means for the future
Predictive maintenance is a true game changer, not just in the field of fleet management, but in manufacturing, construction, the military — really anywhere where complex machines require regular maintenance.
But even with such clear benefits, some companies are hesitant to make the jump. Luckily, plug-and-play solutions like EquipmentShare Track make it easy. By giving you a clear understanding of the importance of data and how it affects your business, it’s easy to see the benefits of a connected strategy between usage, dispatch and maintenance.
With Track, a well-staffed company could maintain close to 100% uptime for its entire fleet. And that’s the true power of predictive maintenance.