Modla

About Modla

Modla is an extremely convenient platform for collaboration and asset analytics. Asset modelling is one of the most important features of Modla and it involves using components of asset analytics, optimisation techniques and reliability engineering to generate an end to end data and decision-making solution. Next in line comes asset predictive analytics, predictive systems and predictive maintenance. Analytics as a process is conducted in four different phases namely descriptive analytics, diagnostic analytics, predictive analytics and prescriptive analytics. While descriptive analytics looks at the history and overall performance, diagnostic analytics endeavours to interpret data and extract important insights. Predictive analytics focuses on the logical progression of diagnostic analytics, while prescriptive analysis allows a business to anticipate, informing an appropriate response. Predictive maintenance is essentially a strategy that bases decisions around what maintenance is performed along with the time of performance. Thus by now, it is evident that Modla fills a unique void within the asset management landscape by providing a planned route to capture and analyse asset knowledge.