Databricks recently hosted an online tech talk on Delta Lake.
Predictive Maintenance (PdM) is different from other routine or time-based maintenance approaches as it combines various sensor readings and sophisticated analytics on thousands of logged events in near real time and promises several fold improvements in cost savings because tasks are performed only when warranted.
The top industries leading the IoT revolution include manufacturing, transportation, utilities, healthcare, consumer electronics & cars. The global market size for this is expected to grow at a CAGR of 28%. PdM plays a key role in Industry 4.0 to help corporations not only reduce unplanned downtimes, but also improve productivity and safety.
The collaborative Data and Analytics platform from Databricks is a great technology fit to facilitate these use cases by providing a single unified platform to ingest the sensor data, perform the necessary transformations and exploration, run ML and generate valuable insights.