What benefits does the maintenance planner get from analysis he makes on machine history?

In now a days , The most important luxury is time . By making an analysis based on machine history , A maintenance personnel can determine life cycle , productivity, downtime , breakdown , cost of maintenance of the said machine. It will also help you in focusing your manpower to the said machine , Also it will help you to decide whether you need this machine or not . If not , it will further help you identify your need and the specific solution for your said area of immediate interest.