MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
More news: Software
Written by / Agency / Source: InStep Software, LLC
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

InStep Software Releases Report on the Power of Predictive Maintenance - Predictive asset analytics software allows companies to avoid unnecessary risks; gives early warning of impending equipment issues - InStepSoftware.com
InStep Software Releases Report on the Power of Predictive Maintenance

 

NewswireToday - /newswire/ - Chicago, IL, United States, 2013/10/28 - Predictive asset analytics software allows companies to avoid unnecessary risks; gives early warning of impending equipment issues - InStepSoftware.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Ineffective maintenance management costs U.S. companies more than $60 billion each year, according to research by ARC Advisory Group. In a new white paper InStep Software discusses how companies can use predictive asset analytics software to identify impending equipment failures days, weeks or months before they happen.

While traditional maintenance techniques are primarily reactive in nature, technological advances call for updated strategies that allow companies to make smarter maintenance decisions. Given the amount of data available in today’s digital age, predictive analytics should be a key component in every maintenance strategy, yet surveys continue to show that most maintenance is reactive. A proactive plan gives maintenance and operations personnel early warning of imminent problems so action can be taken in a timely and focused manner.

“In an environment where safety, reliability and productivity are vital, it is essential that companies understand the importance of implementing the most effective and comprehensive maintenance strategies,” said John Kalanik, president of InStep Software. “Predictive maintenance should be a prominent factor in every maintenance plan because of its significant return on investment and the potential to avoid catastrophic situations that may have otherwise gone unnoticed.”

The goal of a predictive maintenance approach is to provide early warning signs of an issue so that maintenance can be scheduled at the most convenient times, before unplanned and expensive failures occur. Added benefits of a predictive strategy include reduced maintenance costs, reduced unscheduled downtime, increased asset utilization and extended equipment life, among others.

“Twenty, even ten, years ago, companies had to manually analyze collected data to make decisions, and some businesses are still doing that today. But as more and more utilities implement smart grid technologies and as industrial equipment becomes increasingly intelligent, it makes more sense than ever to use predictive asset analytics software to receive the greatest return on the vast amount of available data,” Kalanik added.

In support of predictive maintenance, InStep Software offers online asset health and performance monitoring software. The software technology, called PRiSM, is a self-learning analytic application for monitoring the real-time health of critical assets. PRiSM uses artificial intelligence, pattern recognition and sophisticated data mining techniques to determine when a piece of equipment is performing poorly or is likely to fail. PRiSM also includes an alarm manager to provide near real-time updates of how well an asset is functioning in addition to an advanced application for identifying why an asset is not performing as expected.

To learn more about predictive maintenance software solutions, please download the complete white paper from the Instep Software website.

About InStep Software, LLC

InStep Software (instepsoftware.com) is a leading provider of real-time performance management and predictive asset analytics software products and solutions. InStep extends the investment in modern control, monitoring and smart devices by collecting, archiving, displaying, analyzing and reporting the information provided by these systems. Many of the world’s most successful companies use InStep’s software products to actively manage and analyze the rapidly growing amount of real-time operational, asset health and regulatory related information.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: InStep Software, LLC

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


InStep Software Releases Report on the Power of Predictive Maintenance

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Candice Hudson - InStepSoftware.com 
312-894-7837 chudson[.]instepsoftware.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any InStep Software, LLC securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From InStep Software, LLC / Company Profile


Read Software Most Recent Related Newswires:

Blue Yonder and Uber Freight Partner to Accelerate Digital Transformation in the Supply Chain
Oracle Awarded Framework Agreement from Government of Canada
OpenText Extends Content Services Technology for Microsoft Teams
SAP Named a Leader Among Specialized Insights Service Providers in Recent Report by Independent Research Firm
Infor Asia Pacific Announces Strong Partner Momentum in Southeast Asia
Aptean Announces the Acquisition of DIN Solutions, Strengthening its Leadership in the Food and Beverage ERP Market
Oracle Recognized Again as a Leader in Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises
Axway Achieves Dual AWS Competency Designations for Healthcare and Life Sciences
Acceleware Announces Major Advancement of RF XL Heating Technology Following Full Power Field Test of RF Converter
SkyFoundry Commended by Frost & Sullivan for its Groundbreaking Energy Management Platform, SkySpark®
City of Vallejo Delivers Online Citizen Services with Oracle Community Development Solution
Aptean Attracts Strategic Growth Capital to Accelerate Innovation and Global Expansion
Rapid Radiology and OpenText Accelerate Diagnostic Results to Help Improve Patient Care
Infor Announces Strategic Partnership with Sinfo One for Italian Food & Beverage Sector
Office Depot Europe Selects SAP Customer Experience to Help Consumers Seamlessly Order Workplace Supplies

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Limelon Advertising, Co.

Visit Apex Watercraft





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)