The document discusses machine learning applications and provides guidance for their implementation. It describes the CRISP-DM process for data mining projects, which involves business understanding, data preparation, modeling, evaluation, and deployment. Key aspects of the business understanding and defining labels stages are outlined. The document also discusses evaluating model performance, generating profiles from prepared data, and addressing potential roadblocks to implementation like business goals, automation, and employee resistance.
WebXpress Business Intelligence CapabilityWebXpress.IN
Business intelligence (BI) refers to skills, knowledge, technologies, applications and practices used to help a business to acquire a better understanding of the market behavior and business context. The purpose of business intelligence is to support better business decision making.
Making the Business Case for Remote Service CapabilitiesPTC
Manufacturers are looking to make their service more efficient and more profitable. Adopting remote service capabilities allows OEMs to move from vendor to partner, building customer trust along the way.
What is Predictive Analytics?
Predictive Analytics is the stream of the advanced analytics which utilizes diverse techniques like data mining, predictive modelling, statistics, machine learning and artificial intelligence to analyse current data and predict future.
To Know more: https://goo.gl/zAcnCR
LOAN DEFAULT PREDICTION – A CASE STUDY
Content Covered in this video:
Business Problem & Benefits
The Risk - LOAN DEFAULT PREDICTION
Data Analysis Process
Data Processing
Predictive Analysis Process
Tools & Technology
Automated EDW Assessment and Actionable Recommendations - Impetus WebinarImpetus Technologies
Assessing analytical workloads is the first step towards successful cloud migration. However, an assessment typically provides a non-actionable list of inventories.
An intelligent automation-based workload assessment offered by Impetus’ Workload Transformation Solution can help you get actionable insights. It profiles workloads and maps their compatibility with your target cloud environment. As a result, you are prepared to avoid common pitfalls and ensure a successful cloud transition of your ETL and analytics workloads.
In this session, our experts will share insights on how this solution can help you:
Identify workload complexities, patterns, and technical debt
Map existing workloads to your target cloud stack
Create a blueprint for future-state architecture based on an automation-based intelligent assessment
Implement best practices to de-risk your cloud transition
We will also share success stories of how Impetus has helped Fortune 500 enterprises make the right decisions for a seamless EDW transformation.
To learn more view our webinar here - https://bit.ly/37zSwML
WebXpress Business Intelligence CapabilityWebXpress.IN
Business intelligence (BI) refers to skills, knowledge, technologies, applications and practices used to help a business to acquire a better understanding of the market behavior and business context. The purpose of business intelligence is to support better business decision making.
Making the Business Case for Remote Service CapabilitiesPTC
Manufacturers are looking to make their service more efficient and more profitable. Adopting remote service capabilities allows OEMs to move from vendor to partner, building customer trust along the way.
What is Predictive Analytics?
Predictive Analytics is the stream of the advanced analytics which utilizes diverse techniques like data mining, predictive modelling, statistics, machine learning and artificial intelligence to analyse current data and predict future.
To Know more: https://goo.gl/zAcnCR
LOAN DEFAULT PREDICTION – A CASE STUDY
Content Covered in this video:
Business Problem & Benefits
The Risk - LOAN DEFAULT PREDICTION
Data Analysis Process
Data Processing
Predictive Analysis Process
Tools & Technology
Automated EDW Assessment and Actionable Recommendations - Impetus WebinarImpetus Technologies
Assessing analytical workloads is the first step towards successful cloud migration. However, an assessment typically provides a non-actionable list of inventories.
An intelligent automation-based workload assessment offered by Impetus’ Workload Transformation Solution can help you get actionable insights. It profiles workloads and maps their compatibility with your target cloud environment. As a result, you are prepared to avoid common pitfalls and ensure a successful cloud transition of your ETL and analytics workloads.
In this session, our experts will share insights on how this solution can help you:
Identify workload complexities, patterns, and technical debt
Map existing workloads to your target cloud stack
Create a blueprint for future-state architecture based on an automation-based intelligent assessment
Implement best practices to de-risk your cloud transition
We will also share success stories of how Impetus has helped Fortune 500 enterprises make the right decisions for a seamless EDW transformation.
To learn more view our webinar here - https://bit.ly/37zSwML
Application Portfolio Management, the Basics - How much Software do I haveFrank Vogelezang
After two external benchmarks, the Software Application Support division decided that the only way to quantitatively manage application support was by establishing a sufficient estimate of the size of the application portfolio. Based on criteria from Gartner’s Application Benchmark a selection was made regarding which applications made up the application portfolio. Five different methods were used to size approximately three hundred applications, each with its own precision and cost efficiency: Gartner Fast FPA estimation, Backfiring from LoC for some older PL/1 and Assembler applications, detailed counts with NESMA FPA and COSMIC for newly developed systems and backtracking from budget for less important smaller applications. The size estimations were made by regular support personnel with little training in functional size measurement. A sample selection was reviewed by an experienced consultant, in order to detect possible pitfalls and ambiguities. The results from the review led to a re-evaluation of most of the FPA-estimations, with a higher precision and greater consistency. The results of these size estimates can now be used to compare parts of the portfolio and to quantitatively manage the (support of the) portfolio.
Transforming Business Intelligence TestingMethod360
Learn how to strategically plan your manual and automated BI testing efforts so that it translates into a seamless and targeted tactical test execution phase leading to significant cost savings, increased reporting accuracy and greater business confidence.
Managing and Rationalizing the Application Portfolio with CA PPMCA Technologies
One of the fastest-growing business usages for CA Project and Portfolio Manager (CA PPM) is application portfolio management. More and more organizations are implementing CA PPM to first understand and manage projects and portfolio, and then taking the next step to leverage for application management. In this session, learn about Application Portfolio Management in the financial services industry.
For more information, please visit http://cainc.to/Nv2VOe
ARC's Sid Snitkin & Ralph Rio's AIM Workshop at ARC's 2009 Industry ForumARC Advisory Group
ARC's Sid Snitkin & Ralph Rio's AIM Workshop at ARC's 2009 Industry Forum in Orlando, FL.
What Is Asset Information?
What Is Its Role in Asset Lifecycle Management?
Asset Information enables ALM Stakeholders to
Perform. For Good Performance, it must answer:
• any reasonable question,
• about any asset,
• for any ALM stakeholder
• in a way that supports their workflow
Asset Information is the “Virtual Asset” that Humans need to understand, analyze and improve the Physical Asset
Bigdata and Analytics Services - Clover InfotechSwetha Elias
We consult clients on strategic aspects of the analytical capabilities' planning including BIG data integration through our 20+ years of data management and industry expertise.
Application Portfolio Management, the Basics - How much Software do I haveFrank Vogelezang
After two external benchmarks, the Software Application Support division decided that the only way to quantitatively manage application support was by establishing a sufficient estimate of the size of the application portfolio. Based on criteria from Gartner’s Application Benchmark a selection was made regarding which applications made up the application portfolio. Five different methods were used to size approximately three hundred applications, each with its own precision and cost efficiency: Gartner Fast FPA estimation, Backfiring from LoC for some older PL/1 and Assembler applications, detailed counts with NESMA FPA and COSMIC for newly developed systems and backtracking from budget for less important smaller applications. The size estimations were made by regular support personnel with little training in functional size measurement. A sample selection was reviewed by an experienced consultant, in order to detect possible pitfalls and ambiguities. The results from the review led to a re-evaluation of most of the FPA-estimations, with a higher precision and greater consistency. The results of these size estimates can now be used to compare parts of the portfolio and to quantitatively manage the (support of the) portfolio.
Transforming Business Intelligence TestingMethod360
Learn how to strategically plan your manual and automated BI testing efforts so that it translates into a seamless and targeted tactical test execution phase leading to significant cost savings, increased reporting accuracy and greater business confidence.
Managing and Rationalizing the Application Portfolio with CA PPMCA Technologies
One of the fastest-growing business usages for CA Project and Portfolio Manager (CA PPM) is application portfolio management. More and more organizations are implementing CA PPM to first understand and manage projects and portfolio, and then taking the next step to leverage for application management. In this session, learn about Application Portfolio Management in the financial services industry.
For more information, please visit http://cainc.to/Nv2VOe
ARC's Sid Snitkin & Ralph Rio's AIM Workshop at ARC's 2009 Industry ForumARC Advisory Group
ARC's Sid Snitkin & Ralph Rio's AIM Workshop at ARC's 2009 Industry Forum in Orlando, FL.
What Is Asset Information?
What Is Its Role in Asset Lifecycle Management?
Asset Information enables ALM Stakeholders to
Perform. For Good Performance, it must answer:
• any reasonable question,
• about any asset,
• for any ALM stakeholder
• in a way that supports their workflow
Asset Information is the “Virtual Asset” that Humans need to understand, analyze and improve the Physical Asset
Bigdata and Analytics Services - Clover InfotechSwetha Elias
We consult clients on strategic aspects of the analytical capabilities' planning including BIG data integration through our 20+ years of data management and industry expertise.
Lace project transforming workplace learning in manufacturing printableFabrizio Cardinali
LACE Project presentation on Manufacturing Training & Upskilling at the European Distance Education Conference in Zagreb, June 2014 by Fabrizio Cardinali, sedApta Group
The Future of Automation: Insights from IDC and Preciselyredmondpulver
Automation’s role in digital transformation is nothing new, but the disruptions of recent years have exposed the limitations of our efforts to this point. Does that feel familiar? If so, you’re not.
We’re seeing so many companies double down on the development and deployment of automation as quickly and broadly across their organizations as possible. In other words, hyperautomation.
These efforts include adopting automation platforms with flexible, contingent workflow solutions that drive efficiencies and greater data integrity across multiple complex, data-intensive processes.
To learn more, watch our webinar – featuring guest speaker Maureen Fleming, Program Vice President for IDC's Intelligent Process Automation research, and Andrew Hayden, Sr. Product Marketing Manager at Precisely.
Maureen will share recent research and insights from IDC on the importance of process automation to digital transformation, along with predictions for the future. Andrew will then share some of the challenges we’re hearing from our customers around automating complex, data-intensive business processes, and the features you should look for in an automation platform.
You can expect to come away with insights into:
· How digital transformation and automation are evolving
· How to avoid the key challenges with automation that slow down transformation benefits
· Market perspective from the automation provider’s point of view
· How a complete automation platform supports hyperautomation success
How the Analytics Translator can make your organisation more AI drivenSteven Nooijen
Today, about 80% of companies considers data as an essential part of their strategy. However, although most of these companies are taking models into production, they still have trouble turning their data and insights into valuable AI solutions. With businesses heavily invested in data and AI, what is it that actually makes the difference for being successful with AI?
In this talk, I will argue that the extent to which AI is embedded in the organisation is crucial to success. Furthermore, I will show why the Analytics Translator is the designated person to drive AI adoption by the business and what his or her tasks should look like. The insights shared come from our own experience as consultants as well as interviews with top Dutch enterprises about their AI maturity.
AI Maturity Levels and the Analytics TranslatorGoDataDriven
Buzzwords like Big Data, Cloud, and AI have been out there now for a couple of years. But today, businesses have a clear focus on the application of data use cases and the challenges around that such as metadata management, governance, security, and maintainability in general. Everybody seems to have some version of a data lake and wants to consolidate it into something (more) useful, or move from an on-premise version to the cloud. There is a general need to streamline current practices while also attempting to give multiple segments of users (data scientists, analysts, marketeers, business people, and HR) access in a way that is tailored to their needs and skills. In other words: businesses today are heavily invested in data and AI, but many have a hard time knowing how to mature it to the next level.
This is exactly where a "maturity model" comes into play. The goal of a maturity model is to help businesses in understanding their current and target competencies. This helps organisations in defining a roadmap for improving their competency. A maturity model is therefore one way of structuring progression, whether the company already embraces data science as a core competency, or, if it is just getting started.
In this presentation on maturity models, we answer the following questions:
1. What exactly is a maturity model and why would you need it? We address this by sharing GoDataDriven's maturity model and describing the different phases we have identified based on our experience in the field.
2. How can you use a maturity model to advance your organisation? Having a maturity model alone is not enough, in order for it to be valuable you need to act upon it. This paper provides concrete examples on how to do act based on practical stories and experiences from our clients and ourselves.
In today’s rapidly evolving digital landscape, Artificial Intelligence (AI) has emerged as a transformative force for enterprises across various industries. By building effective enterprise AI solutions, organizations can streamline their operations, significantly enhance customer experiences, and unlock innovative pathways that were previously inaccessible.
Read full blog-https://aiveda.io/blog/how-to-build-enterprise-ai-solution
Business Analysis: Use cases, BABOK, CoBIT, ITIL, ServiceNow, TCO, Feature-benefits, Monte carlo simulation, Stakeholder views, business models
IT / Engineering Strategy and Transformation design: Sales, Marketing, IT strategies, E-commerce, Mobile ads, Quality and Health standards, Compliances
Enterprise Architecture (EA) design and development:EA tools, TOGAF, Govt. IT framework, Datacenter best practices, use of Cloud and mobile apps, Data mining tools, Big Data
Technology Audit services:Due diligence, fact finding, time and data analysis, anomaly detection, documenting and reporting
KPIs are almost universally used in organizations of all types. But are they being used effectively? Are they making an impact on the system? Or are they expensive, consultant-driven projects that simply report performance? A well-designed KPI system provides the right agility to fit your business, and it keeps business in control.
In this webinar ( presentation), "Building a KPI Solution" you will
• Learn to discover and unleash the real value in your data
• Understand how you should plan for and design an effect KPI system
• Learn how to specify a solution, and how to avoid vendors that cannot deliver
This webinar (presentation) will also cover best practices in solution design, where to define your business logic, how to include analytics, and how to best work with the solution. Discover how organizations of all types are using actionable KPI systems to achieve business outcomes.
Fundamental analysis primarily comprises of analyzing the company from the long term perspective by looking at its various incomes and profit generating capacity and also by looking at the various ratios of profitability, operations etc. On the contrary, a new analysis technique for companies, called as Technical analysis, deals with making short term profits based on the recent trends and market movements. It facilitates the trader in identifying the entry and exit points in trade.
International Conference | Artificial Intelligence & Machine LearningRishabh Garg
International Conference on Artificial Intelligence and Machine Learning | 23-24 July 2022 | Toronto, Canada.
The Conference aims to provide a platform to academia as well as industry to share cutting-edge development in the fields of Artificial Intelligence and Machine Learning. Authors are solicited to contribute their articles that illustrate research results, projects, surveying works and industrial experiences.
The presentation provides an overview of two-layer machine learning model that can classify the type of biomolecules present in the medium (in the first layer) and predict the concentration of the material (in the second layer). Bacteria have been used as the known biological material using Electrical Impedance Spectroscopy (EIS Data).
Python Library using impedance processingRishabh Garg
The present method consists of using impedance.py python library for fitting the circuit directly to the lab data. Accuracy metrics are yet to be improvised by adjusting the circuit model.
The system detects faults of a Smart Lathe machine from the data received from Industrial IoT devices to reduce decision and analysis latency. The model was saved using Joblib Python library for predicting the data given as input in the Frontend interface. Packaging was done and API endpoints were made using Flask library to trigger function calls. Streamlit library was used to design the frontend part of the application with which the user interacts to feed the data and get the required predictions.
International Webinar - Global ID Through BlockchainRishabh Garg
Cumbrous documentation, unsolicited expenses, undue involvement of intermediaries, and frequent data hacks, are some of the major roadblocks that deprive millions of individuals from having an official identity. The present talk aims to introduce a DLT enabled All-inclusive ID - 'Self Sovereign Identity' to ensure organized and sustainable change at Global level.
International Talk on Technical AnalysisRishabh Garg
What exactly are the various types of prices that we associate with a stock, or in other words, what are the variables that comprise the movement of stock? These queries were addressed to, by Rishabh Garg - a core member of WSC, in his lecture on Technical Analysis on January 01, 2022 at 12:00:00 PM (IST | UTC+5:30).
Complete process of Assessment and Accreditation of Higher Education Institutions in India. The applicant HEIs are expected to be aware of all requirements and to submit all required information. Applicants are encouraged to be conversant on related topics before launching the application form.
An all-inclusive procedure of Assessment & Accreditation of Higher Education Institutions, including Universities, Autonomous, Affiliated and Constituent Colleges (all Government institutions, Grant-in-aid colleges or Self-financed institutes) in India.
It explains step wise process of Registration, Online submission of IIQA (Institutional Information for Quality Assessment); SSR (Self-Study Report); DVV (Data Validation and Verification); SSS (Student Satisfaction Survey); PTV (Peer Team Visit); and Institutional Grading.
The word clone has been extensively used to indicate the product of recombinant DNA technology that allows geneticist to create identical copies of a DNA fragment, more often alluded to as gene. In practice, the procedure is carried out by inserting a fragment of desired DNA into another DNA molecule, a vector, and allowing this chimeric molecule to replicate inside a fast replicating living cell such as bacterium.
Multi purpose ID : A Digital Identity to 134 Crore IndiansRishabh Garg
Multipurpose ID is a combination of a Techno Smart Card carrying a twenty-digit universal identification number to record all purposeful information of an individual and a touch screen Smart Cell Phone for electronic surveillance. Both the units can work separately or together. Such a unique system would replace all possible documents procured by an individual during his life time.
Apart from saving human resources, time, money and administrative complexities, the stack of files and papers in offices would also be reduced to fractional level. No Xerox, no documentation, no verification and no long queues for day-to-day pursuits. Just go for one click and the entire details of an individual would be available, that too fully genuine.
The Nation would have a red letter day as the change will shape billion lives and bring respite to administrative machinery and public that has crumpled under the red tapism.
Techno Smart Card : Digital ID for Every IndianRishabh Garg
Digital ID with Electronic Surveillance System is a combination of Multipurpose ID Card, carrying a twenty-digit unique identification number to record the entire life time data of a citizen, and a Smart Mobile Phone for Electronic Surveillance. Both the units can work separately or together. Such a unique Techno-Smart Device would replace all possible documents - Birth Certificates, Aadhar, Passport, Driving License, PAN, Insurance, Bank Account Numbers ................
Thus, the present innovation would make the life of every individual on Earth free from redundant documentation and would serve as a rescue from practice of forged identity, deception and corruption.
Adjusting primitives for graph : SHORT REPORT / NOTESSubhajit Sahu
Graph algorithms, like PageRank Compressed Sparse Row (CSR) is an adjacency-list based graph representation that is
Multiply with different modes (map)
1. Performance of sequential execution based vs OpenMP based vector multiply.
2. Comparing various launch configs for CUDA based vector multiply.
Sum with different storage types (reduce)
1. Performance of vector element sum using float vs bfloat16 as the storage type.
Sum with different modes (reduce)
1. Performance of sequential execution based vs OpenMP based vector element sum.
2. Performance of memcpy vs in-place based CUDA based vector element sum.
3. Comparing various launch configs for CUDA based vector element sum (memcpy).
4. Comparing various launch configs for CUDA based vector element sum (in-place).
Sum with in-place strategies of CUDA mode (reduce)
1. Comparing various launch configs for CUDA based vector element sum (in-place).
As Europe's leading economic powerhouse and the fourth-largest hashtag#economy globally, Germany stands at the forefront of innovation and industrial might. Renowned for its precision engineering and high-tech sectors, Germany's economic structure is heavily supported by a robust service industry, accounting for approximately 68% of its GDP. This economic clout and strategic geopolitical stance position Germany as a focal point in the global cyber threat landscape.
In the face of escalating global tensions, particularly those emanating from geopolitical disputes with nations like hashtag#Russia and hashtag#China, hashtag#Germany has witnessed a significant uptick in targeted cyber operations. Our analysis indicates a marked increase in hashtag#cyberattack sophistication aimed at critical infrastructure and key industrial sectors. These attacks range from ransomware campaigns to hashtag#AdvancedPersistentThreats (hashtag#APTs), threatening national security and business integrity.
🔑 Key findings include:
🔍 Increased frequency and complexity of cyber threats.
🔍 Escalation of state-sponsored and criminally motivated cyber operations.
🔍 Active dark web exchanges of malicious tools and tactics.
Our comprehensive report delves into these challenges, using a blend of open-source and proprietary data collection techniques. By monitoring activity on critical networks and analyzing attack patterns, our team provides a detailed overview of the threats facing German entities.
This report aims to equip stakeholders across public and private sectors with the knowledge to enhance their defensive strategies, reduce exposure to cyber risks, and reinforce Germany's resilience against cyber threats.
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...John Andrews
SlideShare Description for "Chatty Kathy - UNC Bootcamp Final Project Presentation"
Title: Chatty Kathy: Enhancing Physical Activity Among Older Adults
Description:
Discover how Chatty Kathy, an innovative project developed at the UNC Bootcamp, aims to tackle the challenge of low physical activity among older adults. Our AI-driven solution uses peer interaction to boost and sustain exercise levels, significantly improving health outcomes. This presentation covers our problem statement, the rationale behind Chatty Kathy, synthetic data and persona creation, model performance metrics, a visual demonstration of the project, and potential future developments. Join us for an insightful Q&A session to explore the potential of this groundbreaking project.
Project Team: Jay Requarth, Jana Avery, John Andrews, Dr. Dick Davis II, Nee Buntoum, Nam Yeongjin & Mat Nicholas
Explore our comprehensive data analysis project presentation on predicting product ad campaign performance. Learn how data-driven insights can optimize your marketing strategies and enhance campaign effectiveness. Perfect for professionals and students looking to understand the power of data analysis in advertising. for more details visit: https://bostoninstituteofanalytics.org/data-science-and-artificial-intelligence/
2. Key technology aspects
CRISP - DM
• CRISP - DM stands for cross-industry standard process for data mining.
• Most widely used and relied upon analytics process in the world (Forbes report).
• Consists of 6 stages:
1. Business understanding
2. Data understanding
3. Data preparation
4. Modeling
5. Evaluation
6. Deployment
PROJECT OF IIT DELHI | AIA | DEPT OF HEAVY INDUSTRIES, GOVERNMENT OF INDIA
3. Key technology aspects
PROJECT OF IIT DELHI | AIA | DEPT OF HEAVY INDUSTRIES, GOVERNMENT OF INDIA
Business Understanding
• First phase of CRISP - DM
• For Data Scientist
1. Key aspect is to understand the business problem and to generate value for the
company.
2. ‘Value is generated by putting models into context within the business processes of a
company to solve problems’.
• For Business Analyst
1. Gap in the understanding of machine learning methods.
Solution : Focus on the mapping of the problem and contemplate for the correct solution.
Traditional methods like Business Intelligence and Six Sigma should be explored before
machine learning.
4. Key technology aspects
PROJECT OF IIT DELHI | AIA | DEPT OF HEAVY INDUSTRIES, GOVERNMENT OF INDIA
Defining Labels
• Map the problem into a data science method.
• Supervised learning takes more efforts but is easier to optimize than
unsupervised learning, hence more recommended.
• Unsupervised learning models do not provide a qualitative measure to tune and
evaluate the model.
• Try to convert the supervised learning problem into a targeting problem.
• While selling your business model, try to include lesser equations and
mathematical language in it to be reliable.
5. Key technology aspects
PROJECT OF IIT DELHI | AIA | DEPT OF HEAVY INDUSTRIES, GOVERNMENT OF INDIA
Defining Labels
• Answer the questions: ‘What do you want to ask the data?’
Requirements
• Labels need to match the business needs
The problem being worked upon must be aligned with the business goals.
• Labels need to exist
Situations for which very little data is available cannot be used for machine learning model
training.
• Labels need to be actionable
On prediction about the given situation, steps should be taken as per the requirements for
generation of value.
6. Key technology aspects
PROJECT OF IIT DELHI | AIA | DEPT OF HEAVY INDUSTRIES, GOVERNMENT OF INDIA
Performance Analysis
• Involves measuring the quality of data science algorithms.
• RMSE, AUC, AUPRC are meant for statistical problems and are less suited to business
problems.
Regression Tasks
• Overestimation and underestimation should be avoided for excess material management
and loss of shipment time respectively.
Classification Tasks
• False positives and false negatives can impact business decisions. Medical tests are a
good example where false positives lead to money loss and false negatives lead to
treatment delay.
7. Key technology aspects
PROJECT OF IIT DELHI | AIA | DEPT OF HEAVY INDUSTRIES, GOVERNMENT OF INDIA
Business Aligned Performance
• Value based performance measures can be used i.e, focus on maximizing revenue for the
company rather than good statistical outcomes.
• Such performance measures for unsupervised learning are harder to find.
Defining Success Parameters
• After the project achieves a baseline, deploy and work in parallel.
• Compare our project to the currently deployed models for analysis.
• Else, use the naïve/ simple model approach for performance.
• Use the proper methods pertaining to validation.
8. Key technology aspects
PROJECT OF IIT DELHI | AIA | DEPT OF HEAVY INDUSTRIES, GOVERNMENT OF INDIA
Profile Generation
• This primarily involves filtering the data, cleaning the data, scrutiny of sources
and data preparation for accurate results.
• Detection of patterns in data for predicting labels in the machine learning model.
• Establishing time period when the data is available which is different from batch
running processes.
• The raw data is never aggregated in such a way that the aggregated data is as
appropriate for the task of machine learning as the raw data. Thus, to get the
best results possible in your project, it is important to get access to the
underlying data and use that for model training and evaluation.
9. Business goals
PROJECT OF IIT DELHI | AIA | DEPT OF HEAVY INDUSTRIES, GOVERNMENT OF INDIA
Automation
• Every business carries some inefficiencies that can be replaced by high
performing algorithms.
Optimization
• Enterprises are using artificial intelligence algorithms to optimize processes that
reduce overheads and improve output.
• Tightening operations means smarter budgeting and more profit.
• AI can autonomously aggregate and crunch data to provide cohesion across
sales and marketing. Data scrapping has been democratized and made
accessible by AI.
10. Business goals
PROJECT OF IIT DELHI | AIA | DEPT OF HEAVY INDUSTRIES, GOVERNMENT OF INDIA
• Data unification and customer
insight are easily and autonomously
accomplished with AI. The business
case for AI rests on its ability to
free-up human time.
• Other technologies such as Smart
Sensors, Microcontrollers, Real
Time Dashboard, Augmented
Reality using Unity etc. can be
integrated to achieve smart
manufacturing.
Roadblocks in Implementation
Questions
What is in it for me ?
Solution: Critically outline the business
problems and define the goals.
That’s not my job ?
Solution: Since 70% projects are not
implemented due to employee resistance
(McKinsey Report). We must, first of all,
clarify the goals and find the people with
leadership qualities to undertake the
project.
11. PROJECT OF IIT DELHI | AIA | DEPT OF HEAVY INDUSTRIES, GOVERNMENT OF INDIA
Business Goals for Indian Manufacturers
• Diagnosing problems and taking corrective action in time.
• Enabling entrepreneurs to effectively manage multiple facilities and make them
consumer centric.
• Predictive maintenance and quality analytics.
• Digital twin implementation (a combination of physics modelling Simulink and
real data of a machine).
• Big data driven processes.
• Process visualization and modular production assets.
12. Elevator Pitch
PROJECT OF IIT DELHI | AIA | DEPT OF HEAVY INDUSTRIES, GOVERNMENT OF INDIA
Indian manufacturing sector typically suffers from downtime, high latency in error
rectification process, and low skilled labour which can be optimized by adopting this
approach.
Downtime can be tackled by predictive maintenance and RUL estimation while error
rectification process can be made faster through suggestions based on real time
data monitoring.
More realization of profits and higher ability to use data are only the bare minimum
benefits that can be received from this. (Power of 1%!!!)