International enterprises have been promoting their digital services based on machine sensor data like predictive maintenance for a few years now but large German companies and the Mittelstand are also increasingly engaging and experimenting with these new technologies and analytics. Why? Because there can be huge cost savings from scheduled or even no maintenance.

But the journey towards predictive maintenance can be challenging. For many companies this may go far beyond their traditional expertise as it involves highly-complex, software-intense solutions and new skill sets like data science.

Companies therefore need a step by step guide to the technological, organizational and business requirements they need to take.