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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.

Our 30-day, risk free trial is only $199.

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