Schneider Electric and the Institute of Technical Education (ITE) are proud to announce the official opening of their Predictive Maintenance Centre (PMC) at ITE College East. The PMC was set up, in collaboration with Schneider Electric, to provide students with training on industry-standard tools that will make them more attractive to future employers.

Predictive maintenance is a type of maintenance that directly tracks an asset's health, status, and performance in real time. It is aimed at reducing costly, unexpected breakdowns and offers businesses the opportunity to plan maintenance around their own schedules. While the concept of predictive maintenance is not new, the recent trend of rapid digitalization is spurring increased adoption. In 2016, the global predictive maintenance market was valued at $1.5 billion and in 2021 it has ballooned to $6.9 billion. A new IoT Analytics report estimates that the market will reach $28.2 billion by 2026.

ITE took note of this paradigm shift and partnered with Schneider Electric to set up the PMC, hoping to equip students from their mechanical engineering course with cutting-edge skills in predictive maintenance. Schneider Electric is providing over $240,000 worth of training and equipment to set up the lab, which includes awards for top ITE students and internship opportunities. At the PMC, Students will get a hands-on experience with Schneider Electric’s Augmented Operator Advisor (AOA), which is widely considered to be an industry standard as it can easily integrate with third-party hardware.

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