Discover great EU-funded Innovations
Industrial Technologies INNOVATION
Prescriptive Analytics information system for Proactive Industrial Maintenance Decision Making
SHARE:
Market Maturity: Business Ready
These are innovations that are putting concrete market-oriented ideas together and are, for example, pursuing market studies, business plans, engagements with relevant partner and end-users. Learn more
Market Creation Potential
This innovation was assessed by the JRC’s Market Creation Potential indicator framework as having a Noteworthy” level of Market Creation Potential. Only innovations that are showing multiple signals of market creation potential are assigned a value under this indicator system. Learn more
Go to Market needs
Needs that, if addressed, can increase the chances this innovation gets to (or closer to) the market incude:
  • Prepare for Market entry
  • Secure capital
Location of Key Innovators developing this innovation
Key Innovators
The EU-funded Research Project
This innovation was developed under the Horizon 2020 project UPTIME with an end date of 31/08/2020
  • Read more about this project on CORDIS
Description of Project UPTIME
UPTIME will seek to reframe predictive maintenance strategy by proposing a unified framework and to create an associated unified information system in alignment to the aforementioned framework. Therefore, UPTIME will extend and unify new digital, e-maintenance services and tools in order to exploit the full potential of a predictive maintenance strategy with the UPTIME solution, will deploy and validate the UPTIME solution in the manufacturing companies participating in the UPTIME consortium and will diffuse the UPTIME solution in the manufacturing community. UPTIME will enable manufacturing companies having installed sensors to fully exploit the availability of huge amounts of data with respect to the implementation of a predictive maintenance strategy. Moreover, production, quality and logistics operations driven by predictive maintenance will benefit from UPTIME. UPTIME will enable manufacturing companies to reach Gartner’s level 4 of data analytics maturity (“optimized decision-making”) in order to improve physically-based models and to synchronise maintenance with quality management, production planning and logistics options. In this way, it will optimize in-service efficiency through reduced failure rates and downtime due to repair, unplanned plant/production system outages and extension of component life. Moreover, it will contribute to increased accident mitigation capability since it will be able to avoid crucial breakdown with significant consequences. Consequently, UPTIME will exploit the full potential of predictive maintenance management and its interactions with other industrial operations by investigating a unified methodology and by implementing a unified information system addressing the predictive maintenance strategy.

Innnovation Radar's analysis of this innovation is based on data collected on 22/03/2019.
The unique id of this innovation in the European Commission's IT systems is: 17666