The way maintenance is carried out is altering rapidly. The introduction of Cyber Physical Systems (CPS) and cloud technologies are providing new technological possibilities that change dramatically the way it is possible to follow production machinery and the necessity to carry out maintenance. In the near future, the number of machines that can be followed from remoteness will explode. At the same time, it will be conceivable to carry out local diagnosis and prognosis that support the adaptation of Condition Based Maintenance (CBM) i.e. financial optimisation can drive the decision whether a machine needs maintenance or not. Further to this, the cloud technology allows to accumulate relevant data from numerous sources that can be used for further improvement of the maintenance practices. The paper goes through the new technologies that have been mentioned above and how they can be benefitted from in practise
