“ The Next Big Thing” Joe Anandarajah MBA, B.Eng President - Phorix Solutions Group Inc. Technology Manager, IT – Innovations Foundation
For I dipped into the future, as far as human eye could see, saw a vision of the world, and all the wonder that would be. Alfred Lord Tennyson (1809 - 1892)
Introduction Trends & Opportunities Intelligence, Mobility and Interaction Life and Physical Sciences Portfolio PSG & IF Portfolio Demos and success stories Packaging the Technologies Impact on your life Presentation Outline
Phorix Solutions Group Inc. Value Added Resale and Systems Integration Expertise: Analytics, Business Process Verticals: Financial Services, Call Center and Other Innovations Foundation Venture Creation and Licensing University of Toronto and External Technologies Joe Anandarajah, MBA, B.Eng 9 years in IT Sales, Marketing, Systems Integration, Finance, R&D Passion for analytics and aptitude business & mathematics Introduction
Trends and Opportunities
Processing Power Trends Semiconductor 100x every 10 years Optical Transmission 1000x every 10 years Market Adoption Increased from 0.5% to 3.5% of SG&A over the 90s Saturated Markets – Financial, HR, SCM, Desktop Applications Virgin Territory – Risk Management, Process Monitoring, Development and Design   Application Trends Improve Flexibility and Lower Admin Cost – Soft Computing, Self Healing, Configurable, Federation IT to Grow to 10% of SG&A Market & Technology Trends
$ $$ $$$ System IT Department End User Hardware, Software Customization, Maintenance, Reporting Sales, Finance, Engineering Configurable, Federation, Self Healing IT Vision - Old
$ $$ Neural, Spike and Recurrent Networks – How We Learn Fuzzy Logic – How We Reason Bayesian, Markov, SVMs – Representation More Processing Power -> More Intelligence IT Vision - Current Trends
$ $ Processing & Delivery:  Graphs, Charts, 3D, Mobile, Learning Interface: Voice Recognition, Touch Screen, Virtual Reality The Goal
Life Sciences eHealth – Patient Care, Clinical Trials Medical Devices – Test & Measurement, Imaging, Tools Drug Discovery and Design – MDIT Physical Sciences Monitoring, Process Control and Diagnostics Computer Aided Design / Manufacturing Computation Materials Science – Bulk Properties, Heat Transfer IT in Life & Physical Sciences
Portfolio
Pattern Recognition  Object Recognition and Tracking Forecasting Condition Based Judgment Based Diagnostics Expert Systems DSL Enhancement Increase reach, bandwidth and diagnostic capability eCash Works just like cash PSG & IF Portfolio
Object Recognition Object Recognition & Tracking – Demo Speed Lighting Tolerance Orientation Tolerance
Food Processing Company: Executive Summary __________________________________________   ANALYSIS OF SHEAR PUMP BEARINGS  VIBRATION DATA 21 VIBRATION COVARIATES PROVIDED BY ACCELEROMETER (CSI and Mastertrend) 3  (of 21)  COVARIATES SIGNIFICANT ANNUAL REPLACEMENT COST SAVINGS  IF APPLIED TO PREVIOUS HISTORY  = 55% INCREASE  IN EQUIPMENT LIFETIME  =   10.2 % SIGNIFICANT REDUCTION IN DATA COLLECTION COSTS OMDEC
Mass Transit Railway Corporation: Executive Summary Had excessive traction motor ball bearing failures CBM to monitor bearing grease colour Changed inspections from every 3.5 years to annual RESULTS -  Reduced failures  per year  f rom 9 to 1 -  Reduced  total  costs   by 55% OMDEC
UK Mail Sorting Pilot Project Expert System - knowledge transfer to user  six week implementation with UK Partners - 400 Faults OMDEC GLIMP
DecydeWare DecydeWare   j udgement-based decision technology  Fills current gap between data and decision where the decision-maker must use professional judgement. Models cognitive processes people use when they reason intuitively   Uses advanced soft-computing methods based on a patented algorithm  Helps the user make faster, more consistent and mathematically rigorous judgement calls when time, evidence, and experience are limited.
Step 1. Choose Risk Tolerance Level Thresholds min .80 min .50  max .30  c. Possibility of  b. Proof of  a. Strength of Evidence  Parameters DecydeWare - Set Parameters low risk conservative Risk Degree 0 1 lo flo m fhi hi fairly high risk
CONCLUSION Step 2.  Select a Factor Step 4  Enter the Evidence Step 3. Choose Logic  IF Factor is  THEN Risk is fairly satisfactory fairly satisfactory unsatisfactory Source 1 Source 2 Source 3 sure  unsure fairly sure phone in person intuition Risk is unacceptable.  Collect more evidence and recalculate.  DecydeWare - Assessment Method Confidence Opinion Source min .80 min .50  max .30  Risk Degree 0 1 lo flo m fhi hi Parameters fairly satisfactory fairly low Actual Risk Degree 0 1 lo flo m fhi hi Secondary Factor Secondary Factor Secondary Factor Secondary Factor Secondary Factor Secondary Factor Secondary Factor Secondary Factor Primary Factor Primary Factor Primary Factor Primary Factor Overall
Packaging the Technologies
Analytics Patterns, Forecast, Expert Systems Interface Touch Screens, Graphs, 3D Total Productivity = Machine + Human Productivity Intuition + Automation + Real-time Human Intervention / Interaction Problem Business Profitability > Solution DSS Approach
Monitor – Object Recognition Quality Forecasting – Condition Based Schedule maintenance based on quality trends Expert System Low cost and most likely cause quickly Forecasting – Judgment Based Planning Comprehensive Solution
Impact on your Life
Have a Vision Think out of the Box Domain Expertise Cross functional Quantitative Skills Intelligent Algorithms Qualitative Skills Human Factors New Frontiers Risk Management, Process Control, Health Care Valuable Skills

NBTC 2004 Presentation Final

  • 1.
    “ The NextBig Thing” Joe Anandarajah MBA, B.Eng President - Phorix Solutions Group Inc. Technology Manager, IT – Innovations Foundation
  • 2.
    For I dippedinto the future, as far as human eye could see, saw a vision of the world, and all the wonder that would be. Alfred Lord Tennyson (1809 - 1892)
  • 3.
    Introduction Trends &Opportunities Intelligence, Mobility and Interaction Life and Physical Sciences Portfolio PSG & IF Portfolio Demos and success stories Packaging the Technologies Impact on your life Presentation Outline
  • 4.
    Phorix Solutions GroupInc. Value Added Resale and Systems Integration Expertise: Analytics, Business Process Verticals: Financial Services, Call Center and Other Innovations Foundation Venture Creation and Licensing University of Toronto and External Technologies Joe Anandarajah, MBA, B.Eng 9 years in IT Sales, Marketing, Systems Integration, Finance, R&D Passion for analytics and aptitude business & mathematics Introduction
  • 5.
  • 6.
    Processing Power TrendsSemiconductor 100x every 10 years Optical Transmission 1000x every 10 years Market Adoption Increased from 0.5% to 3.5% of SG&A over the 90s Saturated Markets – Financial, HR, SCM, Desktop Applications Virgin Territory – Risk Management, Process Monitoring, Development and Design Application Trends Improve Flexibility and Lower Admin Cost – Soft Computing, Self Healing, Configurable, Federation IT to Grow to 10% of SG&A Market & Technology Trends
  • 7.
    $ $$ $$$System IT Department End User Hardware, Software Customization, Maintenance, Reporting Sales, Finance, Engineering Configurable, Federation, Self Healing IT Vision - Old
  • 8.
    $ $$ Neural,Spike and Recurrent Networks – How We Learn Fuzzy Logic – How We Reason Bayesian, Markov, SVMs – Representation More Processing Power -> More Intelligence IT Vision - Current Trends
  • 9.
    $ $ Processing& Delivery: Graphs, Charts, 3D, Mobile, Learning Interface: Voice Recognition, Touch Screen, Virtual Reality The Goal
  • 10.
    Life Sciences eHealth– Patient Care, Clinical Trials Medical Devices – Test & Measurement, Imaging, Tools Drug Discovery and Design – MDIT Physical Sciences Monitoring, Process Control and Diagnostics Computer Aided Design / Manufacturing Computation Materials Science – Bulk Properties, Heat Transfer IT in Life & Physical Sciences
  • 11.
  • 12.
    Pattern Recognition Object Recognition and Tracking Forecasting Condition Based Judgment Based Diagnostics Expert Systems DSL Enhancement Increase reach, bandwidth and diagnostic capability eCash Works just like cash PSG & IF Portfolio
  • 13.
    Object Recognition ObjectRecognition & Tracking – Demo Speed Lighting Tolerance Orientation Tolerance
  • 14.
    Food Processing Company:Executive Summary __________________________________________ ANALYSIS OF SHEAR PUMP BEARINGS VIBRATION DATA 21 VIBRATION COVARIATES PROVIDED BY ACCELEROMETER (CSI and Mastertrend) 3 (of 21) COVARIATES SIGNIFICANT ANNUAL REPLACEMENT COST SAVINGS IF APPLIED TO PREVIOUS HISTORY = 55% INCREASE IN EQUIPMENT LIFETIME = 10.2 % SIGNIFICANT REDUCTION IN DATA COLLECTION COSTS OMDEC
  • 15.
    Mass Transit RailwayCorporation: Executive Summary Had excessive traction motor ball bearing failures CBM to monitor bearing grease colour Changed inspections from every 3.5 years to annual RESULTS - Reduced failures per year f rom 9 to 1 - Reduced total costs by 55% OMDEC
  • 16.
    UK Mail SortingPilot Project Expert System - knowledge transfer to user six week implementation with UK Partners - 400 Faults OMDEC GLIMP
  • 17.
    DecydeWare DecydeWare  j udgement-based decision technology Fills current gap between data and decision where the decision-maker must use professional judgement. Models cognitive processes people use when they reason intuitively Uses advanced soft-computing methods based on a patented algorithm Helps the user make faster, more consistent and mathematically rigorous judgement calls when time, evidence, and experience are limited.
  • 18.
    Step 1. ChooseRisk Tolerance Level Thresholds min .80 min .50 max .30 c. Possibility of b. Proof of a. Strength of Evidence Parameters DecydeWare - Set Parameters low risk conservative Risk Degree 0 1 lo flo m fhi hi fairly high risk
  • 19.
    CONCLUSION Step 2. Select a Factor Step 4 Enter the Evidence Step 3. Choose Logic IF Factor is THEN Risk is fairly satisfactory fairly satisfactory unsatisfactory Source 1 Source 2 Source 3 sure unsure fairly sure phone in person intuition Risk is unacceptable. Collect more evidence and recalculate. DecydeWare - Assessment Method Confidence Opinion Source min .80 min .50 max .30 Risk Degree 0 1 lo flo m fhi hi Parameters fairly satisfactory fairly low Actual Risk Degree 0 1 lo flo m fhi hi Secondary Factor Secondary Factor Secondary Factor Secondary Factor Secondary Factor Secondary Factor Secondary Factor Secondary Factor Primary Factor Primary Factor Primary Factor Primary Factor Overall
  • 20.
  • 21.
    Analytics Patterns, Forecast,Expert Systems Interface Touch Screens, Graphs, 3D Total Productivity = Machine + Human Productivity Intuition + Automation + Real-time Human Intervention / Interaction Problem Business Profitability > Solution DSS Approach
  • 22.
    Monitor – ObjectRecognition Quality Forecasting – Condition Based Schedule maintenance based on quality trends Expert System Low cost and most likely cause quickly Forecasting – Judgment Based Planning Comprehensive Solution
  • 23.
  • 24.
    Have a VisionThink out of the Box Domain Expertise Cross functional Quantitative Skills Intelligent Algorithms Qualitative Skills Human Factors New Frontiers Risk Management, Process Control, Health Care Valuable Skills