Condition Monitoring is an important cornerstone in the Industry 4.0 concept. The purpose of this presentation is to show how Condition Based Maintenance optimizes productivity and increases profitability in process industries. The presentation demonstrates the influence of CM on OEE and discusses KPIs that are essential for the continuous improvement of machine operation condition. The influence on ROI calculations is included in the summary.

Ron has over 20 years of experience in the maintenance and reliability fields, primarily focusing on condition monitoring products related to vibration analysis across many industries. Ron has extensive experience in wireless and on-line condition monitoring systems, most recent notable work in the wind energy and mining industries. Ron’s career started in the US Army where he spent time as a Combat Vehicle Mechanic. Other early career experiences include oil analysis on high voltage transformers and work in the power generation plants where he began focusing on predictive maintenance techniques. Ron has studied electronics at the National Institute of Electronics, holding many certifications in predictive maintenance technologies such as thermography and vibration analysis. Ron is Managing Director for SPM Instrument Inc. USA, a global leader in condition monitoring that exclusively develops and markets all the advanced technologies to measure, analyze and present condition data from complex machinery.