Over the years, there have been a variety of ways to monitor asset health, but only recently have technologies like wireless connectivity, artificial intelligence (AI) and predictive algorithms taken these abilities to new heights. Today, companies have deeper insights into how their equipment performs; by using these insights they can make more informed decisions to improve operational efficiency, productivity and safety. But that wasn’t always the case. Let’s take a look at the evolution of asset health management technology and how it has changed over the years.
