Predictive Maintenance of ATM machines Qorus Banking Innovation Awards 2022

Submitted by

Bank of Baroda

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01/10/2022 Banking Innovation
predictive maintenance (PdM) is a proactive maintenance strategy that tries to predict when a piece of equipment is likely to fail so that maintenance work can be scheduled and performed just before that happens. It monitors the performance and condition of equipment during its normal operation in order to reduce the likelihood of failures. It also reduces the additional costs of over-maintenance and improves asset reliability for customers.

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