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All Glossary Terms

Maintenance Plan

Maintenance definition:

A Maintenance Plan outlines the strategies, activities, and resources required to maintain equipment and assets effectively. It includes schedules for preventive maintenance, criteria for predictive maintenance, plans for corrective actions, and resource allocation. Maintenance plans are developed based on asset criticality, operational requirements, and historical performance data, aiming to optimize maintenance efforts and ensure asset reliability.

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AssetWatch customers save on average 8x in ROI. That means for every $1 you give us, we give $8 back to you.

Includes professional installation of up to 200 sensors (a $10k+ value)

24/7 monitoring and a dedicated CME for your site

AssetWatch cloud-based software with unlimited licenses

No CapEx, Engineering or IT integration required