INTRODUCTION The continued evolution of digital technology (IoT, edge devices, sensors, AI, etc.) is transforming how industries within the manufacturing sector access data and gain insights into equipment performance. By identifying a potential failure before it occurs, companies can reduce maintenance costs, avoid unplanned downtime, minimize loss of production, and improve safety and environmental factors. To realize the full benefits of these technologies, a well-developed equipment maintenance strategy must be implemented—identifying the equipment failure modes, applying the right technologies for early failure mode detection, at the right frequency.

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