Monitor the performance of physical assets such as windmills or solar panels and determine when maintenance of specific components is needed.
Maintenance jobs are traditionally scheduled at fixed intervals. With the rise of IoT technology, the behavior of physical assets can be tracked in real time. This results in much smarter maintenance plans which use information about how an asset is used to schedule maintenance before components start to fail. This will minimize equipment downtime and maximize the component lifetime. The information can also be used to make sure field service engineers take the proper components when they go onsite for maintenance, thus increasing the number of first time right visits.
TimeSeries uses its own IoT platform for numerous customers, keeping track of the state of equipment such as elevators, ShoreTensions and cranes.