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All Glossary Terms

Prognostics and Health Management (PHM)

Maintenance definition:

Prognostics and Health Management (PHM) is an approach that integrates data analysis, condition monitoring, and predictive analytics to assess the health of equipment and predict its remaining useful life. PHM enables proactive maintenance decisions, optimizing maintenance schedules, and reducing unexpected failures. It's a cornerstone of advanced maintenance strategies in industries aiming for high reliability and efficiency.