Smart Innovators: Fault Detection, Diagnostics & Predictive Maintenance
Derrek Clarke
Access this research
Access all Building Digital Platforms & Operational Tech content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
Verdantix selected the fault detection, diagnostics, and predictive maintenance market for a Smart Innovators report because the pace of investment and innovation in this space makes it critical that customers understand how to get the most value out of the different software solutions. This report, for executives responsible for facility management and asset maintenance, builds on Verdantix research in energy and facility optimization management and is further based on 14 vendor interviews and demos. It describes the innovations developed to improve the identification and management of equipment faults and provides examples of the benefits achievable through fault detection, diagnostics, and predictive maintenance.Facility Teams Are Hit By A Triple Whammy Of Lower Spend, Higher Asset Availability And Optimum Condition Goals
Introducing The Fault Detection, Diagnostics & Predictive Maintenance Market
Mature AI Techniques Open Up New Applications For Fault Detection, Diagnostics & Predictive Maintenance
Cutting-Edge Vendors Are Developing Solutions Around Deep Analytics, IoT And Automation To Improve Asset Life-Cycle Management
Business Cases Scale With Complexity Of Facilities, Making Hospitals, Retailers And Airports Leading Beneficiaries
Vendors Will Still Need To Address Key Solution Adoption Challenges
Buyers Need To Be Clear On Their Use Cases When Selecting Vendors
Figure 2. Three Types Of Analytics Tools Used For Fault Detection, Diagnostics & Predictive Maintenance
Figure 3. Applicability Of Different Fault Detection, Diagnostics & Predictive Maintenance Solutions
Figure 4. Fault Detection, Diagnostics & Predictive Maintenance Tech Stack
Figure 5. Typical Stakeholder Objectives For Fault Detection, Diagnostics & Predictive Maintenance Solutions
About the Author
Derrek Clarke
Senior Analyst
Derrek is a Senior Analyst in the Verdantix Smart Buildings Practice. He conducts Verdantix research on energy management and the optimization of building systems covering tec...
Other related content
Quick service restaurants, including fast food, fast casual and grab-and-go chains, are all about eliminating friction. Customers expect speed and convenience at every turn: tap, p...
12 November, 2025
At the 2025 Year in Infrastructure (YII) conference in Amsterdam, Bentley Systems (Bentley) showcased how its ongoing investments in digital engineering and infrastructure lifecycl...
10 November, 2025
As the initial hype around enterprise AI gives way to practical realities, organizations are adopting a more measured and value-driven approach to AI investments. But for those tas...
Upcoming / 03 December, 2025
The Sustainable Finance & Investing Forum on November 3-4, 2025 will take place alongside the Greenbuild International Conference + Expo at the Los Angeles Convention Center. Thi...
03 November, 2025
The workplace technology stack is evolving quickly. While tools like IWMS or CPIP were designed as systems of record — tracking leases, floorplans and assets – today’s office tenan...
20 October, 2025
Entertainment technology is changing the game for the real estate sector, turning a once stagnant landscape into a battleground of digital innovation. Although the overlap between ...
13 October, 2025