First of all, let’s take a look at some numbers. According to a recent report, predictive maintenance in the energy market is expected to grow from $1.79 bn in 2024 to $5.62 bn by 2029, a percentage increase of 214% over five years, and an annual growth rate of over 25%. This incredible projected growth of the PdM market underscores its increasing importance to the Energy sector, as well as its potential to transform the whole industry.
As the market for PdM solutions grows, energy companies will undoubtedly adopt these technologies to a greater extent, improving operational efficiency. Organizations with this approach will, as you’ll find out below, become leaders when it comes to efficiency, reliability of their equipment, as well as sustainability. This will, in turn, lead to them having a competitive advantage, given by the winning combination of performance and cost savings.
That should give you a pretty good idea about the growing role PdM solutions will play in the energy market.
What Is Predictive Maintenance?
Predictive maintenance is the use of advanced technologies to avoid equipment failures. Such technologies include:
- AI (Artificial Intelligence)
- ML (Machine Learning)
- Internet of Things (IoT)
Predictive maintenance is, ultimately, about helping the Energy industry achieve improve asset efficiency. This not only expands equipment lifetime. It also ensures uninterrupted operations, one of the main goals of the Energy industry.
Main Benefits of Predictive Maintenance
Predictive maintenance has some obvious benefits for the Energy industry. Let’s look at some of them:
- Less Downtime – as possible faults are predicted before occurring, downtime decreases.
- Decreased Costs – as there are fewer surprise repairs.
- Operational Efficiency – helps you ensure that equipment is used with optimal performance in mind.
- Data-Driven Approach – predictive maintenance allows you a data-driven approach to the use of your equipment.
- Sustainability and Reduced Waste – efficient equipment operation allows for reduced energy consumption and less waste.
Predictive Maintenance and Remote Access
We’ve now discussed what predictive maintenance is, as well as its main advantages. But where does remote access come into play?
Remote access is more present than you would imagine. In the field of Energy, many assets are often in remote or dangerous-to-get-to locations. How do you access these efficiently and safely? You guessed it; by using a secure and robust remote access solution, like RealVNC Connect.
RealVNC Connect: Leading the Way for Predictive Maintenance Remote Access
RealVNC Connect is the perfect remote access solution for predictive maintenance. Here are some of the issues it addresses:
- Real-Time Monitoring – RealVNC Connect allows your technicians to monitor machines in any location. And this, in real time, regardless of the operating system, as it is a truly mutliplatform solution.
- Data Integration – RealVNC Connect, as a multiplatform solution, can integrate with your existing PdM systems. This means that you could even see several systems on your screen at the same time, even if they’re running on different operating systems.
- Maintenance Efficiency – your teams can, via remote access, troubleshoot and solve issues remotely. This reduces the need for offline visits in most cases.
Why RealVNC Connect?
Now that you know why you need a remote access solution, why is RealVNC Connect that solution? What makes it more suitable than other solutions on the market for predictive maintenance?
Here are the main reasons:
- Secure Connections: RealVNC Connect comes with end-to-end encryption. This makes sure that sensitive data transmitted when you access your devices can’t be decrypted. An essential aspect for the integrity and security of operational data.
- Cross-Platform Compatibility: as mentioned above, RealVNC Connect is a cross-platform solution. It doesn’t matter which of the major software platforms you’re running; you’ll be able to access your machines.
- Scalability: as your Energy company scales up its operations, your software needs to grow with you. You can expand your RealVNC Connect as needed.
- Cost-Effectiveness: as you adjust and maintain your equipment based on real-time data, our remote access software makes sure that physical site visits are reduced, therefore decreasing operational costs.
The Future of Predictive Maintenance in Energy
As AI, ML and IoT technologies continue to develop, the future of predictive maintenance in the Energy sector looks very bright. RealVNC remote access software will continue to play an essential role in this. It will do so by helping your organization keep equipment in great state, and will also be there when you need to intervene quickly.
By integrating remote access into your processes now, you can be part of this evolution.
But don’t take our word for it –Try RealVNC Connect for free now and transform the way you manage your energy operations.