Machine Health: Finding the right approach when it comes to less-critical assets

Outcome-based subscription models for machinery health are growing in popularity in many of the industries outside the traditionally strongest sectors for in-house condition monitoring programs: power generation and oil & gas.  These "other" industries don't tend to have large populations of critical turbomachinery or incumbent in-house teams devoted to condition monitoring and machinery health.  But what about power plants?  Is there a place for outcome-based subscription services?  If so, where and why?  In this informative whitepaper, we examine how the power generation sector is finding a new equilibrium point in the balance between a traditional in-house approach to machinery health and a rightsized mix of subscription-based services.

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