2020
DOI: 10.1007/978-3-030-49165-9_1
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Machine Learning for Predictive and Prescriptive Analytics of Operational Data in Smart Manufacturing

Abstract: Perceiving information and extracting insights from data is one of the major challenges in smart manufacturing. Real-time data analytics face several challenges in real-life scenarios, while there is a huge treasure of legacy, enterprise and operational data remaining untouched. The current paper exploits the recent advancements of (deep) machine learning for performing predictive and prescriptive analytics on the basis of enterprise and operational data aiming at supporting the operator on the shopfloor. To d… Show more

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Cited by 35 publications
(24 citation statements)
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“…They used the changes in natural frequencies based on time-frequency processing extracted from vibrating beams. Most recently, Lepenioti et al [ 76 ] implements a RNN for predictive analytic and a multi-objective RL method for prescriptive analytic. The proposed method was implemented for a PdM scenario in a steel-making company.…”
Section: Data-driven Pdmmentioning
confidence: 99%
“…They used the changes in natural frequencies based on time-frequency processing extracted from vibrating beams. Most recently, Lepenioti et al [ 76 ] implements a RNN for predictive analytic and a multi-objective RL method for prescriptive analytic. The proposed method was implemented for a PdM scenario in a steel-making company.…”
Section: Data-driven Pdmmentioning
confidence: 99%
“…To build these parts there are 28 machines for lapping, milling, turning, sinking, wire cutting, turning and milling, laser marking, and round and flat grinding [17] [18]. The wide adoption of IoT devices, sensors and actuators in manufacturing environments has fostered an increasing research interest on real-time data analytics; however, event logs contain information regarding the whole factory cycle, either they have sensors installed or not, thus, having the credentials to move towards providing an all-around view of manufacturing operations on the shopfloor [19]. In this way, they may provide valuable information for planning and resource allocation [18].…”
Section: Application To a Manufacturing Business Processmentioning
confidence: 99%
“…Beyond that, our future work will be oriented towards the following directions: First, we will evaluate our proposed approach in the context of different business contexts having deployed predictive analytics systems that may process big data of various levels of volume, velocity, variety and veracity. We have already some preliminary results in predictive maintenance [70] and in logistics management [71]. Second, we will develop a knowledge-based mechanism in order to further enrich the prescriptive data analytics.…”
Section: Vι Future Research Directionsmentioning
confidence: 99%