Predictive maintenance is not a new term in the HVAC industry; it’s been around for decades. According to the U.S. Department of Energy (DOE), past studies on predictive maintenance have shown it can provide savings of 8-12 percent over a program utilizing preventive maintenance alone. The DOE also reported that predictive maintenance may reduce maintenance costs up to 30 percent, eliminate breakdowns 70-75 percent of the time, minimize downtime, and increase production.
However, despite the clear benefits of predictive maintenance, only 12 percent of commercial buildings are using it, according to Saar Yoskovitz, CEO and cofounder, Augury Systems. It’s something the company is trying to change.