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How AI Can Assist in Predicting Asset Health and Efficiency

Tracks
Plenary 1
Wednesday, March 5, 2025
11:20 AM - 11:40 AM

Speaker

Mr Freddie Coertze
National Sales Manager
ifm efector

How AI Can Assist in Predicting Asset Health and Efficiency

Abstract

Enhancing Asset Health and Efficiency with IFM's AI-Powered IIoT Solutions

For over 50 years, IFM has led industrial automation, offering IIoT solutions that optimize processes using advanced sensors and analytics.

IFM IIoT Solutions: Empowering Industry 4.0
Our IIoT solutions integrate seamlessly with existing systems, capturing real-time data through a comprehensive range of sensors. Robust connectivity ensures compatibility and data exchange. Advanced analytics and machine learning drive predictive maintenance, reducing downtime and enhancing asset performance. Our cloud-based platform provides secure, scalable data management and remote monitoring.

Customized and Scalable Solutions
We collaborate with clients to develop tailored IIoT solutions, with scalable architecture supporting both single-facility and global deployments.

AI Integration: Moneo Platform
The moneo platform combines IFM’s sensor expertise with advanced software for predictive maintenance. At Coopers Brewery, moneo's AI predicted failures and improved maintenance strategies, showcasing AI’s effectiveness in asset health monitoring.

Smart Limit Watcher
Part of moneo, the Smart Limit Watcher continuously monitors and uses AI-driven anomaly detection for early issue identification in critical process variables.

Operational Excellence
IFM’s solutions improve machine availability, process quality, and energy efficiency. Proactive maintenance, real-time monitoring, and targeted efficiency measures drive operational excellence, cost savings, and sustainability.

Commitment to Excellence
IFM is committed to helping organizations achieve peak performance through innovative IIoT solutions, ensuring asset health and efficiency in the era of Industry 4.0.

Biography

In the ever-evolving world of IoT Freddie is focusing on the digital strategy, Industry 4.0, and IoT, and work in a team with senior leaders to better understand the value at stake from digital transformation and shape targeted strategies. Within ifm Freddie work to configure organisations so they can achieve rapid improvements in customer experience, innovation, revenue, and costs. He will help leaders translate their digital vision into a prioritised set of value-rich opportunities and help determine how organisations can be set up for success in a digital world with their digital transformation.
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