Maintenance Meets AI: A Proven Approach for Asset-Heavy Industries

Embedding the latest AI and technology within day-to-day operations is transforming maintenance from a cost center into a significant driver of value. I is rewriting an operational playbook that for decades has governed the way asset-heavy industries manage maintenance. New technology and approaches are advancing the frontier of what is possible in asset management, increasing efficiency at every step of the maintenance and reliability process and improving the availability of mission-critical equipment. The transformation opportunity is significant. Maintenance is one of the largest controllable cost buckets in manufacturing and capital-intensive organizations such as airlines, mining, energy, and rail. And with a direct impact on operational continuity, the maintenance function has a critical influence on revenue generation and customer experience. Every day that a critical piece of equipment is unavailable, or that an airplane can’t fly, can represent millions of dollars in revenue and production losses. AI-driven maintenance: An approach for asset-heavy industries | McKinsey