Don’t just predict problems – prescribe a solution. That’s the premise behind prescriptive maintenance, which as a concept goes hand-in-hand with prescriptive analytics. Odds are you’ll be hearing these new buzzwords a lot more often in the coming months and years. But what is prescriptive maintenance, really? How does it work? And maybe of most importance, what can it achieve that other models can’t?
First, to better differentiate the words prescriptive and predictive, the word “prescriptive” here will be used interchangeably with “Rx.”
Rx maintenance is unique in that instead of just predicting impending failure, as predictive maintenance (PdM) does, it strives to produce outcome-focused recommendations for operations and maintenance from the Rx analytics. Though RxM is still in its infancy, many thought leaders are considering its potential to become the next level of reliability and maintenance best practice.