The U.S. Asset Management Market is Expected to Grow from $96.69 Billion (2025) to $677.89 Billion by 2035, While Europe is Projected to Reach $4,542.68 Billion by 2035, Driven by AI, IoT Integration, ...

Chicago, Feb. 04, 2026 (GLOBE NEWSWIRE) -- The global predictive maintenance market was valued at 8.96 billion in 2024 and is expected to reach US$ 91.04 billion by 2033, growing at a CAGR of 29.4% ...

A recent Bain & Company report suggests predictive maintenance is just one area of industrial IoT that hasn’t met expectations. “Two years ago, predictive maintenance was forecast to be one of the ...

Innovative solutions are revolutionizing the fields of mechatronics and IoT, driving significant advancements across various industries. From real-time sensor analytics to predictive maintenance and ...

We are facing supply chain issues in all sectors. One of the key reasons behind supply issues is production downtime. It is commonly estimated that a factory can lose up to 20% of its productivity due ...

Relying on predictive maintenance, it is possible to improve the performance of production machines, predict their conditions and recognize faults, predict their maintenance dates, and also predict ...

As the world of industrial technology has become more competitive, companies have realized the importance of being able to adapt quickly to unpredictable changes in workflow and production. When ...

Demand for operational efficiency, consistent services and constant uptime has never been stronger in the fast-changing financial scene of today. From transaction processing to customer service, ...

The traditional approach to maintenance has two motors that keep it running. The first motor is proactive service: regularly maintaining equipment, following a schedule to ensure each element is ...

Fine tuning IIoT predictive maintenance models According to Wael Elrifai, senior director of sales engineering and data science at Hitachi Vantara – the company’s IoT arm – one of the complexities of ...