User: What is predictive maintenance?
Assistant: Predictive Maintenance is widely used in the manufacturing industry. It is all about figuring out when an asset should be maintained, and what specific maintenance activities need to be performed, based on an asset’s actual condition or state, rather than on a fixed schedule, so that you can maximize uptime and productivity. It is all about predicting & preventing failures and performing the right maintenance routines in order to reduce costly equipment downtimes.