After the launch of Prespector on the VIKTOR platform you can now use Prespector for free to try it. You can find out for yourself how it works and download the results of your failure rates.
What Prespector does? It updates your failure rates (probability of failure) of your asset types (e.g. cooling water pump or steam reducing valve) with the failures of your assets in the field. It uses the Bayes Theorem to do that. Simply upload your failures of your assets together with your initial assumptions for the probability of failure and create your own statistics on you assets.
The added value of these statistics are better input for your risk analysis and therefor a more efficient maintenance plan, leading to lower maintenance costs and higher availability of you assets.
