Why PdM programs fail: Lack of good partnering

Many companies have failed to experience the 10:1, 20:1 or even 30:1 ROI promised with the adoption of a predictive maintenance (PdM) or condition monitoring (CM) program. In recent years, the industry has seen a trend towards outsourcing these monitoring functions to experienced third parties. This article will explore one aspect of why in-house programs often fail to produce the expected rewards, namely a lack of good partnering and how this knowledge can be used to revamp a dead program or select the best partner to help you manage it or manage it for you.