Reducing Costs with Predictive Maintenance
Disruptions caused by unexpected equipment failures are estimated to cost manufacturers billions of dollars a year in the United States alone. Machine learning models trained on emerging Internet of Things (IoT) data provide an opportunity to cut back on losses resulting from unplanned downtime, delayed production, and equipment replacement costs.
During this session, we discuss:
- How to identify a machine learning opportunity to reduce equipment costs.
- How to frame the machine learning problem and identify a target.
- Successful approaches to partitioning your data and training and deploying a predictive maintenance model using DataRobot.
- Dave Heinicke (DataRobot, Customer Facing Data Scientist)
After watching the learning session, you should check out these resources for more information.
Artificial Intelligence wiki: Data Insights