FAQ

Common questions.

Remaining useful life is the time an asset has left before it can no longer perform its function: the interval from now until failure. A rigorous RUL estimate is a probability distribution with a confidence interval rather than a single number, and it is updated continuously as new condition-monitoring data arrives.
Four families of methods exist. Physics-based models simulate the degradation mechanism forward until it reaches a failure threshold. Statistical models extrapolate the trend of a measured health indicator as a random process. Machine learning models learn the mapping from sensor data to lifetime from run-to-failure examples. Hybrid methods combine physics with learning, using each to cover the other's gaps.
It depends on the method. Machine learning needs many run-to-failure histories, which critical equipment rarely provides. Statistical methods need a trustworthy health indicator and degradation trajectories. Physics-based and hybrid methods need the failure physics plus current condition data, which is why they suit equipment that seldom fails.
There is no universal winner; accuracy depends on how well the method's requirements match your situation. Published benchmark scores mostly come from simulated data and settle little about industrial practice. For critical equipment with scarce failure data, prognostics reviews point toward hybrid physics-plus-learning methods, which stay reliable where purely data-driven models run out of examples.
Diagnostics detects and identifies a fault that already exists: what is wrong now. Prognostics, defined in ISO 13381-1, estimates how the damage will evolve and how long until failure: it produces the RUL. Diagnostics looks at the present state; prognostics projects it into the future.
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