AI (artificial intelligence) brings exciting possibilities in enterprise asset management. For instance, it is possible to predict when assets will fail. Such a prediction may be based on learning from asset data in Calem including sensor readings, maintenance records, asset breakdowns, and asset attributes.
Asset data in Calem is collected, processed, and turned into training samples. The training samples are then fed into machine learning for asset failure prediction. A solid baseline model has been achieved to predict asset failures in Calem. Here is the model performance matrix.
Class 0 (No Failure in Horizon)The model is conservative about predicting failures, so it's less likely to incorrectly flag "failure" when there isn't one.
A training sample consists of features based on data in Calem. Some features contributing more to failure prediction (class 1) than others. The model analysis shows the following top 5 features for failure prediction based on a training data set.
1. Application of Failure Prediction
One case the failure prediction may be used is maintenance planning. For instance, a planner is deciding if a PM work order may be released for a critical asset (of P1 priority). If the asset is going to fail in the near future (say within 30 days), the PM may be released to technicians right away. Otherwise, the PM may be hold for couple weeks when resources are available.
Other cases may be explored with the failure prediction. For instance, it might be used for proactive inspections to prevent unexpected failures of critical assets.
2. Asset Data for Model Training
Asset data in Calem is collected for model training. The data includes:
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