The project, with the support of technology partners including the Politecnico di Milano, the Fondazione Bruno Kessler di Trento and ST Microelectronics, aims to demonstrate that predictive maintenance does not necessitate costly investments. The innovative ALMeS sensors solution relies on standard optical fibre, low cost microcontrollers and a machine learning software that can help reduce maintenance costs by 25-35%, eliminating 70% of outages and promoting a 25% increase in productivity.
Reply has been operating as a technology incubator for some of the most innovative start-ups in the IoT realm for a number of years. Several Group companies specialise in predictive maintenance. Senseye, for example, focuses on downtime and optimising machine OEE (Overall Equipment Effectiveness) within a facility. The Cloud Solution relies heavily on current and historical data so does not have high initial costs, facilitating a 30-50% reduction in downtime. We Predict, on the other hand, offers predictive analytics solutions in the automotive sector, concentrating on warranty cost savings with reductions of 8-15%.