Smart data management
Software, hardware, and smart devices combine to enable predictive maintenance (PdM) efficiencies and safety improvements. Vibration analysis for bearings condition, Tachometer & Anemometers to check RPM of various shafts, rotating equipment speeds & blower output etc...
Temperature monitoring can detect issues such as conduction problems, thermal runaways, or contact quality problems.
Condition monitoring to detect anomalies by tracking thermography, motor circuit evaluation, motor current signature analysis, radiation and ultrasound to provide analysis down to the point of origin.
Traditional system related concepts and tools like TPM, OEE, Six sigma, Various RCA techniques, MTTR, MTBF reports etc. can help you achieve better outcome.
I have just mentioned a few tips in another post, you may refer that for my 2 cents...topic155.html