Swedish industries maintenance-related costs run into billions on a yearly basis. Research has shown that up to 20% of the costs go to waste in non-realized revenue due to poor maintenance decisions. Both excessive and lacking maintenance can be harmful to an asset. A technology that strives to make the right judgements in maintenance intervals is the Condition Based Maintenance (CBM) technology. During the last decade the development in CBM technology has increased rapidly. A variety of different products can be found on the market. However developments are, in many cases, directed to specific applications and the results of a prototype are not always generally reproducible. One way to direct development in CBM technology to more general solutions can be to follow standards and standardization proposals. Within the technology, two standards and two standardization proposals can be found. IEEE 1451 and IEEE 1232, MIMOSA and OSA-CBM have been found to be the most interesting standards that lie within the scope of the CBM technology.