Leveraging Machine Learning to Manage Operational Risks in Industrial Operations
· Connected Industry

Leveraging Machine Learning to Manage Operational Risks in Industrial Operations

Sensor data plays a vital role in ensuring operational safety and efficiency in industrial operations. Sensors are deployed widely in industrial settings to measure parameters such as temperature, pressure,  flow, vibration and others. The data that flows from these sensors give operators an important window into the physical states of the facility’s assets. Developments in […]

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The Beginner’s Guide to AI in Manufacturing
· Artificial Intelligence & ML

The Beginner’s Guide to AI in Manufacturing

Manufacturers today face a highly competitive environment with rising costs of materials and resources. The nominal price of steel, for example, has increased by 167% since the turn of the century while energy costs have climbed more than 2.5 times their prices in 2000 (1). In order to be more efficient while managing tight margins, manufacturers have begun exploring digital […]

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How AI & ML Are Being Used to Relieve Traffic Congestion
· Smart Cities

How AI & ML Are Being Used to Relieve Traffic Congestion

Traffic isn’t just bad. It’s actually getting worse. Do you think the traffic is bad where you live? Try moving to Boston, where commuters suffer the worst highway congestion in the nation. Residents of the New England city spent an average of 164 hours sitting in their vehicles going nowhere slowly last year, losing as […]

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The predictive power of big data analytics in the IIoT era
· Predictive Analytics

The predictive power of big data analytics in the IIoT era

Fatal flaw of predictive IIoT analytics Most predictive analytics suffer from a fatal flaw: they are confined to historical views. Analysts try everything from machine learning (ML) to traditional forecasting to flashy BI dashboards and visualizations in attempts to estimate details about the future of complex business operations: The predictions fail. A wake does not […]

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If AI has the power to transform all industries, why hasn’t it?
· Artificial Intelligence

If AI has the power to transform all industries, why hasn’t it?

There is a ton of noise about AI for industry today. A quick search on Google for “Artificial Intelligence” returned 82M results and almost 4M news stories. Bloomberg reported in June that mentions of AI in earnings transcripts has risen from less than 60 in 2016 to over 250 in just Q1 of this year! […]

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Changing a Lightbulb with a Hammer: Predictive Analytics with Machine Learning
· Predictive Analytics

Changing a Lightbulb with a Hammer: Predictive Analytics with Machine Learning

Machine Learning (ML) isn’t so mystical after all. Machine Learning is a new term that re-packages well-established statistical techniques that have been around for decades. Machine Learning reacts to new information by learning. The “learning” happens by observing the past—sometimes the very recent past. Machine Learning can deliver on the promise of self-adjusting algorithms that […]

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Machine Learning Challenges in the implementation of Industrial Internet of Things
· Artificial Intelligence

Machine Learning Challenges in the implementation of Industrial Internet of Things

We are living in the era of 4th Industrial revolution – the evolution which is based on extreme automation of machine to machine communication, not only just the communication but way beyond. Machines can understand each other, negotiate with each other, sign and execute the contracts with each other. They can predict each other’s behavior, […]

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