Equipment Types can be added and managed.  Each piece of equipment can be assigned to an equipment type.

Each Equipment Type can have a data log defined for it.  A data log is a unique table (spreadsheet view) created and can be assigned to a specific [piece of equipment within the Preventive Maintenance Tasks.  This table is this used to capture readings taken from a piece of equipment regularly. 

This, in conjunction with preventive maintenance tasks and repair entries, can assist in predicting failures.