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 ...

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% ...

Amid growing consolidation and heightened demand for edge and AI, major enterprise IoT players still with skin in the game ...

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Unplanned downtime costs businesses millions. At a time when rising operational costs are putting intense pressure on businesses to become more efficient, the revenue and productivity losses from ...

The Industrial Internet of Things (IIoT) is entering a new stage to one where enterprises are testing the technology, with predictive maintenance as the starting point for many, says Chris Nelson, VP ...

Leaders at any business that depends on complex machinery or devices know that regular maintenance is essential to smooth and efficient operations. Without timely maintenance, machinery breaks down, ...

The automotive industry continues to be a hotbed of innovation, with activity driven by the need to reduce maintenance cost and improve customer experience and safety, and growing importance of ...

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 ...

Predictive maintenance tools can be used to identify problems before they occur, thereby allowing fleet managers to avoid costly and risky breakdowns The term “fleet management” refers to the ...