The First European Conference of the Prognostics and Health Management Society 2012 brought together the European community of PHM experts from industry, academia, and government in diverse application areas such as energy, aerospace, transportation, automotive, and industrial automation. All articles published by the PHM Society are available to the global PHM community via the internet for free and without any restrictions. Selected papers were published in the International Journal of Prognostics and Health Management, an open access online journal for the global PHM community.