The idea that smart factory technology will displace humans has generated considerable discussion. In a July 2016 report, McKinsey & Company estimates that “59 percent of all manufacturing activities could be automated.”1 In an article that can be applied to the field of industrial analytics, the MIT Technology Review2suggests that unlike past experience, technologies are providing solutions that are more humanlike and could, therefore, eliminate jobs that so far have withstood automation.
Given the uncertain outlook, let’s review innovations in machine learning for predictive analytics and analyze the potential impact of maintenance activities.
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