The IMS Center is a leader in the areas of Prognostics and Health Management (PHM) and Industrial AI. The Center has over twelve years of experience in developing and delivering PHM solutions for a wide-range of applications. IMS Centers mission is to enable products and systems to achieve and sustain near-zero breakdown performance, and transform maintenance data to useful information for improved productivity and asset life-cycle utilization. Since its inception, the Center has conducted over 100 successful industry and NSF supported projects, and has attracted over 80 members from all across the globe. The IMS Center was recently identified as the most economically impactful I/UCRC in NSFs recent study titled Measuring the Economic Impacts of the NSF Industry/University Cooperative Research Centers Program: A Feasibility Study. According to this study, the Center delivered its members $846.7 Million in combined benefits over the last ten years.