In recent years, many scholars have focused their effort on the field of equipment remaining useful or failure severity estimation. Two main solutions to address this issue are physical models and data-driven methods. With the metric of being able to apply on complex facilities and operating conditions, the latter one is gradually received attention. Since the computing power has been tremendously raised recently, and artificial intelligence (AI) technology plays a place in data-driven methods, and has been widely adopted in various industrial fields. This research will explore one of AI technique, regression, and explain how this technique is applied to the severity of equipment failures. With the introduction of this technology, the degree of automation and accuracy can be improved, which allows field maintenance staff to take countermeasures before equipment conditions change and thus avoid considerable unexpected downtime losses.