Abstract

In today's world, Globalization and fast-growing economics force enterprises and governments to keep up with the times. Stakeholders are highly interested in reducing downtime, directly impacting profitability rates and customer satisfaction. Under that pressure, maintenance managers and other stakeholders should consider how to alter their current practices and make their systems more efficient and reliable. Many industrial organizations such as ExxonMobil, BP, Chevron, Equinor, Repsol, Total, and others have already invested in AI projects related to predictive analytics to increase reliability levels and optimize their supply chain operations (Tom Mostyn, 2019).

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