Condition monitoring is a necessity in modern production and business models. Condition monitoring (or, colloquially, CM) is the process of monitoring a parameter of condition in machinery (vibration, temperature, et cetera) to identify a significant change that is indicative of a developing fault. It is a major component of predictive maintenance.
Companies cannot afford any unexpected downtime caused by machine malfunction and power. Taking precautions to monitor the health and viability of equipment is a must. Condition monitoring allows to operate old machines and infrastructure (e.g. conveyor systems) longer than originally planned. This way, investments can be minimized and shifted to strategically important topics.