Tom Knauer and Nathaniel Scroggins talk about the cost-benefit tradeoff of the 4 main approaches to condition monitoring and other considerations. They discuss what should be considered for choosing between reactive or run-to-fail, preventative, condition-based, and predictive plans and how changes in the industry are making it easier than ever to know the condition of machines and down to individual parts. Additional resources: Focus Topic: Continuously monitor the condition of machines, plants and processes Balluff Blog: Getting Started with Condition Monitoring Control Engineering article: Choose the right industrial wireless technologies for condition monitoring Contact Information:    Tom.Knauer@Balluff.com Nathaniel.scroggins@Balluff.com Copyright 2025