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Show Notes
Predictive maintenance has the power to significantly increase up-time for companies as well as save in energy costs. These savings, combined with additional benefits, can cause 13% reductions in the overall budget. Despite all these benefits, Saar Yoskovitz, CEO and co-founder, Augury, says 88% of companies do not leverage predictive maintenance practices. Yoskovitz postulates that startup costs are a big turn off for most manufacturers and explains how his company is working toward cutting those costs so that more companies can adopt these best practices. He goes on to speak about the importance of data security when it comes to new technologies and why companies shouldn't let their security concerns curb their implementation of new tech.