Alexandra Gunderson, Chief Data Scientist at Sherpa Consulting AS
Speech: Predictive Maintenance - Fantasy or Reality?
Advances in AI and machine learning have been tremendous in recent years and impact our lives in many different and significant ways. We've seen self-driving cars become a reality, we are able to communicate with our homes using Alexa, and we are able to draft responses to our emails using AI virtual assistants. Naturally, we expect similar advancements within heavy industries. Predictive Maintenance has been hailed as the Holy Grail for industries including oil and gas and maritime, where equipment failures are costly and safety is a priority. The reality is disappointing, and that is that we have fallen short. In this talk, we will discuss a methodology for succeeding with predictive maintenance by building hybrid engineering and machine learning models that may be applied cross-equipment and industry.