A method includes monitoring work done by a piece of equipment to generate backward-looking usage data. The method includes making a prediction of future work to be done by the piece of equipment, generating forward-looking usage data based on the prediction of future work, and making a prediction of when the piece of equipment is expected to fail based on the backward-looking usage data and on the forward-looking usage data. The method includes operating the piece of equipment after performing the prediction, and removing the piece of equipment from service prior to when the piece of equipment is expected to fail based on the prediction.