I love my work at Inflight Warning Systems! I love predicting statistical likelihood of component failure over time. The value of this is beginning to be realized when persons understand that the depreciated value of an asset, by accounting norms, is not equal to its retained value.
It is possible to run an entire maintenance program with predictive part failures. Imagine never having a part fail during its value adding function! NO parts fail on an airline's airplane because the date it will fail is projected and the part is change prior to failure at the next scheduled maintenance event.
All machinery can be monitored for spectral emissions that would indicate impending failures. Duri...
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