The advent of Industry 4.0 has significantly transformed the manufacturing industry landscape with the introduction of interconnected systems, advanced automation and real-time data acquisition. In this context, Predictive Maintenance (PdM) has gained increasing relevance as a key component to ensure business continuity and competitiveness of companies. Maintenance is now at the heart of business strategy. An unexpected failure in an industrial environment results into significant losses for companies as it affects production. In fact, an unexpected failure leads to the sudden interruption of production and can therefore have a negative impact on the product supply to customers, customer satisfaction and the company's reputation.