Preventive maintenance is work done on a schedule: every quarter, a tech changes the filters, cleans the coils, and checks the system over, whether anything is wrong or not. Predictive maintenance is work done on evidence: equipment is monitored continuously, and service happens when the data shows a problem developing. The difference is what triggers the work, the calendar or the equipment itself.
For commercial HVAC and refrigeration, this is not an either/or choice. The honest answer is that you want both, doing different jobs.
A preventive visit is a snapshot. Equipment fails on its own timeline, and most expensive mechanical failures develop over days to weeks: a slow refrigerant leak, a compressor drawing more current every week, a defrost cycle that quietly stops finishing. If that starts the week after a quarterly visit, it has almost three months to become an emergency.
The result is a pattern most operators recognize: you pay reliably for maintenance, and you still get surprised by breakdowns. That is not the contractor doing a bad job. It is a structural limit of schedule-based work.
Filters do not appear dirty in a temperature graph until airflow has already suffered. Belts, contactors, and door gaskets are cheap to replace on schedule and expensive to diagnose from data alone. And every alert still needs a human with tools to act on it. Monitoring without a service relationship is a smoke alarm without a fire department.
The practical model for a restaurant or commercial kitchen:
Done this way, the two approaches make each other better: the schedule handles the predictable, the monitoring handles the surprises, and the expensive failure mode of each is covered by the other.
It depends on what your failures cost. If a breakdown means an inconvenient repair, scheduled maintenance alone may be economically fine. If a breakdown means a closed kitchen, spoiled stock, or lost service during a summer weekend, the avoided-emergency math shifts quickly toward adding monitoring, because a single caught failure can cover a long stretch of subscription.
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