Date: 2018-11-15 17:19:53

Predictive maintenance software helps businesses predict and prevent equipment failure by using A.I. systems to analyze manufacturing processes and implement an optimal strategy for equipment and system maintenance. Predictive maintenance is determined by real-time evaluation of equipment during use, so the software can predict failure before it actually happens.

Top 10 U.S. Predictive Maintenance Software Companies

Because of how quickly predictive maintenance software is getting smart, leading developers often have a strong foothold in other technology and software automation markets. Below, we’ve put together a list of the key U.S. brands in the fast-growing industry.

*Revenue is based on yearly public figures from 2017 where available. For startups and private companies, figures are estimates based on 2017 financial statements and reports. All values were converted to U.S. dollars using foreign exchange rates as of September 30, 2018.

Company Summaries and Info

General Electric (GE) is a multinational conglomerate that operates in several markets of service, including aviation, healthcare, power, renewable energy, digital, additive manufacturing, venture capital and finance, lighting, transportation, and oil and gas. 2017, GE ranked as having the 13th largest revenue of U.S. fortune 500 companies.

Microsoft Corporation develops, manufactures and license computer hardware, software, and consumer electronics, as well as provides various data protection and storage services. Microsoft was founded by Bill Gates and Paul Allen in 1975.

IBM (International Business Machines) is one of America’s oldest technology companies, manufacturing device hardware, middleware, and software since 1911. IBM also provides an array of hosting and consulting services in areas including nanotechnology, mainframe computing, and predictive maintenance.

Intel develops software and manufactures hardware for the computing industry and the inventor of the x86 chip series found in most personal computers. Intel provides processors to leading computer manufacturers like Apple and Dell and is the second largest and highest valued semiconductor chip maker based on revenue.

Dell is a computer technology company based in Texas the develops, supplies, and supports computer hardware and software. Dell is one of the largest technology companies in the world and was listed at 51st in the Fortune 500 list until going private in 2013.

Cisco develops, manufactures and provides telecommunications equipment, networking hardware, software, and various other specialty technology services. Founded in 1984, Cisco is the leading and largest networking company in the world.

Honeywell makes both commercial and consumer product for companies ranging from private businesses to major corporations and governments. Honeywell Internation is comprised of four Strategic Business Groups (SBGs): Honeywell Aerospace, Home and Building Technologies, Safety and Productivity Solutions, and Honeywell Performance Materials and Technologies.

Emerson Electric is an American Fortune 500 company that provides technology products and engineering services to an array of consumer, commercial, and industrial markets. Emerson Electric is one of the world’s largest electronic manufactures, with over 103,000 employees and 205 manufacturings locations.

Rockwell Automation, which includes Allen-Bradley and Rockwell Software, provides industrial automation and information products, and services that range from customer system integration and repair to remote support center training and asset management consulting.

SAS Institute is a multinational leader in analytics software. As the world’s largest privately held fortune 500 company, it provides software which aids in decision making by helping management, analyze, and report on data.

Top 10 Global Predictive Maintenance Software Companies

Some of the most powerful and influential brands in predictive maintenance software come from outside the U.S. Brands like Castrol India and Huawei, for example, more recently joined the industry and are already making significant efforts to move automation software into the future. Here we’ve made a list of the top 10 global predictive maintenance software companies.

*Revenue is based on yearly public figures from 2017 where available. For startups and private companies, figures are estimates based on 2017 financial statements and reports. All values were converted to U.S. dollars using foreign exchange rates as of September 30, 2018.

Company Summaries and Info

Castrol is a British company known for their automotive lubricants and lubricant applications. Castrol partnered with Romax, known for their manufacturing analysis an services software, to launch Onyx InSight, their own name in predictive maintenance software.

Huawei is a Chinese multinational telecommunications equipment, networking, and system services company. Huawei is the largest telecommunications equipment manufacturer in the world, with 21 R&D institutes in 16 countries. In 2014 Huawei reported that it invested $6.4 billion USD into R&D.

Siemens AG is another German technology conglomerate that provides systems and services for business automation. Siemens AG is the largest industrial manufacturing company in Europe with principal divisions in the industry, energy, healthcare, and infrastructure and cities sectors.

AB SKF is a leading bearing and seal manufacturer, as well as a provider of manufacturing services and systems. Based in Sweden, SKF is the largest bearing manufacturers int he world, employing over 44,000 people and one of the largest public companies in the world.

Bosch has been a world-leading brand in engineering and electronics since it was founded in 1886. Also based in Germany, Bosch’s four core area of business operation include consumer goods, industrial technology, mobility solutions, and energy and building technology.

Accenture is a global Fortune 500 company that provides management consulting and professional services. Accenture includes five businesses: Accenture Consulting, Accenture Strategy, Accenture Operations, Accenture Technology, and Accenture Digital.

ABB is another Swedish technology brand known for their products and services in robotics, power, heavy electrical equipment and automation software. It has been a global Fortune 500 company for over 24 years.

Schneider Electric is a French multinational corporation that provides services and products spanning energy management and automation solutions, including both hardware and software. Schneider Electric employs over 144,000 employees in approximately 100 countries.

SAP is a German company that designs and provides enterprise resource planning software (ERP). SAP systems allow large companies to manage business operations including manufacturing, procurement, finance, sales, service, as well as HR.

Hitachi is a Japanese multinational technology conglomerate. Hitachi is highly diverse, comprised of eleven different businesses: Information & Telecommunication Systems, Social Infrastructure, High Functional Materials & Components, Financial Services, Power Systems, Electronic Systems & Equipment, Automotive Systems, Railway & Urban Systems, Digital Media & Consumer Products, Construction Machinery, and Other Components & Systems.