Image credit: Manufactura LatAm
Last week, some of industry’s leading voices in maintenance technology came together online for Maintenance Heroes Congress 2024, a two-day digital summit held on October 16 and 17 that discussed the future of digitalization in maintenance.
The event was organized by Fracttal, an innovative technology startup that is revolutionizing maintenance and asset management through cutting-edge technology, and was supported with collaboration from Gohub Ventures, Seas Campus Seas, PMM Business School, Chile’s Asociación de la Industria Eléctrica – Electrónica, manufacturing publication Manuractura LATAM Metal Mecanica, and and the Chilean Mining Directory (Direcmin), among others.
“For a third year, our congress will be a place where leaders and innovators in our industry meet to share and learn together. In a world where new technologies, such as AI, are revolutionizing asset and maintenance management, it is crucial to stay up to date,” said Christian Struve, co-founder and CEO of Fracttal.
“It’s an opportunity to discover the latest in technology, learn from experts, and transform your approach to maintenance. It is time to lead the change and become a true Maintenance Hero,” he added.
The congress was split into two days, with the first day focusing on technology, risk management and sustainability. The leaders discussed how to use technological tools to simplify tasks, reduce operations and improve safety through the use of real-time monitoring systems — including through sustainable practices such as energy optimization and reducing carbon footprint for a more responsible work environment.
The first day saw roundtable discussions with industry experts including:
Some of the main takeaways for professionals was the cost-savings associated with pre-planning the maintenance budget based on 80% of the planned project, and energy-savings associated with better understanding the energy loss caused by faulty equipment such as ball bearings.
On the second day, the focused shifted to Total Productive Maintenance (TPM), exploring how digitization and AI redefine maintenance skill requirements. Attendees saw how to make the most of robotics to ensure that maintenance practices stay relevant in this digital era.
Speakers for the second day of roundtable discussions and presentations included:
As maintenance technology improves, the market keeps getting more valuable. According to market analysis firm Allied Market Research, the predictive maintenance market was valued at $10.1 billion last year, and is tipped to surpass $160 billion by 2033.
Attendees who joined the experts for the two-day industry summit received certificate of participation and the opportunity to connect and network with the host of international experts featured during the sessions.
Speaking of the conference, presenter Dr. Tibaire Depool said, “In 2023, we were already more than 8,000 members of this great community. In this conference, we will discuss many topics that may be of interest, like automation, good maintenance practices, cost optimization, new technologies, and trends.”
Disclosure: This article mentions a client of an Espacio portfolio company.
Is genetically editing animals really about preventing pandemics, or is there something deeper to it?…
With the rise of GenAI dominating conversations in recent years, it can be easy to…
AI is an all purpose tool, for good or ill, and Schmidt is placing his…
All signs point towards a cashless society, whether through convenience or coercion -- carrot or…
The month-end close process refers to a set of accounting processes to review, record and…
The RAND Corporation wargames scenarios to see if AI could contribute to human extinction by…