Integrated vehicle health management: the light behind the fog

The aims of IVHM include improved safety through the use of diagnostics and prognostics to fix faults before they are an issue, as well as improve availability of fleets through better maintenance scheduling.

In technology-based industries, it is common to see a pattern that starts with the manufacturing and sale of a tangible product, and that gradually evolves from focusing on the product itself to deriving value from its performance. In other words, the service provided by the product, also referred to here as “asset,” turns out to be more valuable to the customer in the long run.

As manufactured products mature, what consumers look for tends to be more a matter of style (in most cases) and reliability (in virtually all cases).