Artificial Intelligence/Machine Learning > Predictive analytic
Predictive Analytic Approach
Overview
Predictive Analytics AI / ML includes a data processing system that extracts information from electronic data by modeling using AI / ML. This approach is used to predict some cases under conditions that cannot be explained by pure statistical techniques with a significant degree of precision.
Objective
- Analyzing patterns found in historical circumstances data or informations to identify risks and oportunities.
- Produce predictive conclusions regarding certain conditions
Objective
- Analyzing patterns found in historical circumstances data or informations to identify risks and oportunities.
- Produce predictive conclusions regarding certain conditions
Benefits
- Analyze the average age of all production machines or other devices before they fail to operate
- Monitor the development of key performance indicators from predetermined parameters.
- Process optimization of data generated in a data record that has entered the database.
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