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Patent drawing for On-demand remote predictive monitoring for industrial equipment analysis and cost forecast
US 10,958,531 B2
Networking US 10,958,531 B2 Expired

On-demand remote predictive monitoring for industrial equipment analysis and cost forecast

This invention describes a system for monitoring industrial equipment remotely. It works by first selecting the best sensor for the job from a database, considering factors like its type, cost, and how often it takes readings. These sensors are installed without physically altering the equipment to detect its operating conditions. The collected data is then sent over the internet to a cloud server, which analyzes it and provides on-demand reports or visualizations.

Why it matters: Filed before widespread, accessible machine learning platforms and advanced IoT cloud services. The core predictive analysis and on-demand reporting are now significantly easier and cheaper to implement at scale.

Status
ExpiredProtection ended and was never renewed
How hard to build
SpecializedSensors, network hardware, heavy software system, ML

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