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IOT AND CLOUD MAINTENANCE – CHALLENGING PARADIGMS
20 20+00:00 October 20+00:00 2021 @ 12:00 - 13:00Free
This is a Maintenance Cloud SIG Members Presentation. Please join Jim and Wes for a demonstration of Oracle’s Internet of Things (IoT) Intelligent Applications and how they augment and work with Oracle Cloud Maintenance. IoT Cloud provides more visibility, insights and efficiencies by capturing sensor data from connected devices.
IoT-based predictive maintenance enables you to monitor, maintain, and optimize assets for better availability, utilization and performance. You gain better visibility into assets via real-time monitoring, allowing you to predict machine failure and identify parts that need replacement.
According to a third-party report by PWC, predictive maintenance can:
• Reduce costs by 12%
• Improve uptime by 9%
• Reduce safety, health, environment, and quality risks by 14%
• Extend the lifetime of an aging asset by 20%
Jim will lead the demonstration of how to configure IoT Cloud to achieve Maintenance Best Practices.