The assets in Industry 4.0 are categorised into physical, virtual and human. The innovation and popularisation of ubiquitous computing enhance the usage of smart devices: RFID tags, QR codes, LoRa tags, etc. for assets identification and tracking. The generated data from Industrial Internet of Things (IIoT) eases information visibility and process automation in Industry 4.0. Virtual assets include the data produced from IIoT. One of the applications of the industrial big data is to predict the failure of manufacturing equipment. Predictive maintenance enables the business owner to decide such as repairing or replacing the component before an actual failure which affects the whole production line. Therefore, Industry 4.0 requires an effective asset management to optimise the tasks distributions and predictive maintenance model. This paper presents the Genetic Algorithm (GA) based resource management integrating with machine learning for predictive maintenance in fog computing. The time, cost and energy performance of GA along with MinMin, MaxMin, FCFS, RoundRobin are simulated in the FogWorkflowsim. The predictive maintenance model is built in two-class logistic regression using real-time datasets. The results demonstrate that the proposed technique outperforms MinMin, MaxMin, FCFS, RoundRobin in execution time, cost and energy usage. The execution time is 0.48%faster, 5.43% lower cost and energy usage is 28.10% lower in comparison with second-best results. The training and testing accuracy of the prediction model is 95.1% and 94.5%, respectively.