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The use of Model Based Condition Monitoring for predictive maintenance programs is becoming increasingly popular over time. This method involves spectral analysis on the motor's current and voltage signals and then compares the measured parameters to a known and learned model of the motor to diagnose various electrical and mechanical anomalies.
Predictive analytics statistical techniques include data modeling, machine learning, AI, deep learning algorithms and data mining. Often the unknown event of interest is in the future, but predictive analytics can be applied to any type of unknown whether it be in the past, present or future.
PMML 4.1 was released on December 31, 2011. [9] [10] New features included: New model elements for representing Scorecards, k-Nearest Neighbors and Baseline Models. Simplification of multiple models. In PMML 4.1, the same element is used to represent model segmentation, ensemble, and chaining. Overall definition of field scope and field names.
A training data set is a data set of examples used during the learning process and is used to fit the parameters (e.g., weights) of, for example, a classifier. [9] [10]For classification tasks, a supervised learning algorithm looks at the training data set to determine, or learn, the optimal combinations of variables that will generate a good predictive model. [11]
An intelligent maintenance system is a system that uses data analysis and decision support tools to predict and prevent the potential failure of machines. The recent advancement in information technology, computers, and electronics have facilitated the design and implementation of such systems.
Predictive learning is a machine learning (ML) technique where an artificial intelligence model is fed new data to develop an understanding of its environment, capabilities, and limitations. This technique finds application in many areas, including neuroscience , business , robotics , and computer vision .
Prescriptive analytics is the third and final phase of business analytics, which also includes descriptive and predictive analytics. [2] [3] Referred to as the "final frontier of analytic capabilities", [4] prescriptive analytics entails the application of mathematical and computational sciences and suggests decision options for how to take advantage of the results of descriptive and ...
Predictive modelling uses statistics to predict outcomes. [1] Most often the event one wants to predict is in the future, but predictive modelling can be applied to any type of unknown event, regardless of when it occurred. For example, predictive models are often used to detect crimes and identify suspects, after the crime has taken place. [2]