Liveworx | Demystifying IIoT: Terms Every Manufacturer Should Know

This post walks through some of the most common terms manufacturers hear when evaluating IIoT solutions, and breaks down specific meanings to help you be a better technology buyer.

Here's a sneak peek at one definition:  

  • Predictive maintenance: Techniques that are designed to help determine the condition of in-service equipment to predict when maintenance should be performed. This approach promises cost savings over routine or time-based preventive maintenance because tasks are performed only when warranted.

With an understanding of basic IIoT terminology, you'll be ready to keep researching IIoT and determining the best options.

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