Predictive maintenance is a process that has been implemented by numerous stakeholders in the manufacturing industry such as component manufacturers, plant engineers and system operators. The digitisation of production and IoT (Internet of things), are at the forefront of innovation in every industry and it has become increasingly beneficial to research further applications of this technology. If every stakeholder contributes its expert knowledge to projects, the overall solution offers opportunities for everyone.IoT may seem like a vague concept but it encompasses well-known processes such as condition monitoring and predictive maintenance. Preventative maintenance which is prescribed at fixed intervals by the manufacturers of the equipment, is a widespread practice in manufacturing plants used to decrease unexpected breakdowns. Often, intact components are replaced prematurely, thus wasting existing residual running times. Increasing cost pressure, a higher demand for machine availability and a growing interest in sustainable management are causing plant manufacturers and operators to look for alternatives.