I. Introduction
Industry 4.0 has been regarded as a new industrial stage where physical and digital systems are converging to provide novel solutions for the manufacturing process. It is related to a systemic adoption of Internet-of-Things, big data analytics, and artificial intelligence [1]. However, industrial equipment is becoming technologically more advanced, more complex, and more difficult to control [2]. According to [3], equipment idling, minor stoppages, and sudden shutdowns account for the largest number of production problems. Because of these breakdowns, manufacturing systems are made vulnerable to economic losses. Thus, manufacturing enterprises are realizing that there is a critical need for proper maintenance strategy of industrial equipment [4].