matcongress 2026

Attendees, exhibitors & solutions

Who this event is for

Industry trends

Key trends shaping this market and its wider industry.

Hotel tiers

A range of accommodation options near the venue and across key areas.

Local transport

Get around the city with these convenient transport options.

Frequently asked

Glossary

1

Asset management (ISO 55000)

The coordinated set of activities and practices through which an organisation extracts value from the physical assets it owns, with ISO 55000 setting the vocabulary, requirements and guidance for a management system around it.

2

Preventive maintenance (PM)

Work scheduled on a time or usage trigger (hours run, cycles, calendar interval) to reduce the probability of failure, as opposed to running equipment until it breaks.

3

Predictive maintenance (PdM)

Intervention triggered by measured condition data, such as vibration, thermography, oil analysis or current signature, rather than by a fixed calendar.

4

Condition monitoring

Continuous or periodic measurement of machine parameters to detect developing faults early; typical channels are vibration, temperature, ultrasound, lubricant contamination and motor current.

5

RCM (Reliability Centred Maintenance)

A structured method for deciding what maintenance is worth doing on each asset, starting from failure modes, their consequences and the applicable preventive task.

6

CMMS

Computerised Maintenance Management System: software holding assets, work orders, preventive plans, spare parts and maintenance history for day-to-day maintenance execution.

7

EAM (Enterprise Asset Management)

A broader system than a CMMS, covering asset lifecycle, procurement, inventory, contracts and financials across multiple sites, often integrated with ERP.

8

APM (Asset Performance Management)

Software and analytics that combine condition data, maintenance history and process data to score asset health, risk and remaining useful life.

9

OEE (Overall Equipment Effectiveness)

Availability multiplied by performance multiplied by quality; a standard production KPI that maintenance programmes directly influence through downtime and speed losses.

10

MTBF and MTTR

Mean Time Between Failures measures average running time between failures; Mean Time To Repair measures average restoration time. Both are central when arguing for reliability investment.

11

Root cause analysis (RCA)

A structured investigation (5 Whys, fishbone, fault tree) into why a failure occurred, used to stop repeat failures instead of only restoring the asset.

12

MRO inventory

Maintenance, Repair and Operations stock: spare parts, consumables and tools held to support maintenance, managed against criticality and stockout risk.

13

Digital twin (industrial asset)

A model of a physical asset or line fed with live or historical data, used to simulate behaviour, test maintenance scenarios and support operator training.

14

Criticality analysis

Ranking assets by the safety, environmental, production and cost consequences of their failure, so maintenance effort and spares budgets follow risk rather than habit.

15

Shutdown or turnaround (parada)

A planned plant stoppage in which major inspection, overhaul and capital works are executed; scope, contractor coordination and schedule control dominate its success.

16

Industrial IoT (IIoT) sensor

A connected measurement device on plant equipment, sending condition or process data to a gateway or platform for monitoring and analytics.

17

Energy efficiency in maintenance

Treating energy performance as an asset condition: detecting degraded efficiency (compressed air leaks, fouled heat exchangers, misaligned drives) and correcting it as part of maintenance work.

18

Contractor and field service management

The planning, permitting, safety and evidence trail for external maintenance crews working on site, increasingly handled inside CMMS/EAM or dedicated field service platforms.