Making the Business Case for Maintenance Technology

by Tom Woginrich, IBM

Caught up in the throes of day-to-day existence, the difficult place to be is in the lap of another after-action root-cause failure analysis, a budget review meeting or shutdown/turnaround when your organization is trying to make step-function gains and improvements in maintenance and reliability performance. With emerging technologies in Edge, Digital Twin, Asset Performance Management (APM) and AI/ML, how can your organization justify their business value and make the case for investment? What are the new measures and KPIs your organization should be tracking to reinforce the justification of these emerging technologies? Let’s make the business case for 21st Century maintenance and reliability.