1. A method to predict remaining life of a target equipment, the method comprising: receiving target information regarding a behavior of the target equipment, said target information including at least a target operational history; identifying from a database at least one piece of peer equipment having similarities to the target equipment based upon said behavior of said target equipment; retrieving from the database peer data of said peer equipment having a relationship to the behavior of said target equipment, wherein said peer data includes at least peer operational data; evaluating a similarity of the relationship between the peer equipment and the target equipment using said peer data and said target information; creating at least one model based upon the similarity; predicting the remaining life of the target equipment based upon the models using an evolutionary search of said model for at least one iteration; and generating a signal corresponding to the predicted remaining life of the target equipment.