Models that use Weibull analysis do not require monitoring data, making it an excellent way to use the high volumes of information contained, for example, in work orders. These models allow us to make forecasts of the condition of our assets when we do not have historical data of critical variables.

It is important to note that Weibull analysis has been a validated type of analysis in the maintenance industry for decades. Furthermore, it is also used in different fields as quality assurance management, in the insurance industry, as well as in different scientific branches like biology and hydrology among others, where predicting rare events is necessary.