Evolution Of

AI (Machine Learning+Neural
Networks)
&
IoT
 “Data is the new oil. It’s valuable, but if
unrefined it cannot really be used. It has
to be changed into gas, plastic,
chemicals, etc to create a valuable entity
that drives profitable activity; so must
data be broken down, analysed for it to
have value.”
— Clive Humby

So True &
Relevant ..
 Sudden Spur Of AI & IOT


Machine Learning Algorithms & AI have
existed for years.

But following recent advancements in IT
have made it possible to use them effectively
 Computing Power On Demand to Build Models for ML
[Cloud Computing}
 Neural Networks to Automatically Select Influencing
Features and Weights for Decision Making
 Improvements in Agents & Reinforced Learning
 Ability of Devices to Communicate in Real Time, Thanks
to IoT
Data Oils Machines Learn


We live in age where there is almost
no such thing as ‘no data’

Data is produced by our own business
systems & external data from social
media, Google Trends etc.

Data can be gathered with every click!

So what do we do with this data to
Add Value to businesses, processes &
everywhere
 Advancement in Networking
Gadgets


Emerging Networking Protocols & Servers
in Cloud have enabled devices to exchange
data and Make Meaningful Decisions.

This has opened gates in small factor
devices to communicate and make our life
secure & safe. Every industry has been
influenced by it.

Sensor data and applications associated
with machine learning in oil & gas allows
for information to be accessed across
multiple touchpoints.
Case Studies
 Oil & Gas Sector : Sparkcognition


Used unsupervised models based on past two years of data that
characterized the system behaviour charted out an Artificial
Intelligence based Solution

Improved Advance Failure Warnings
 Accurately detects new anomalous clusters in blind data which maps to unique,
known failure events


Explainable Insights
 Accompanying these failure warnings are additional insights used by the
engineering team to diagnose root cause and streamline repairs.


This predictive analytics is being used in the Gulf of Mexico and North Sea
 Banking - Royal Bank of Scotland
(RBS)

Designed a customer service chatbot Luvo


It’s a NLP (Natural Language Processing) AI Bot

Answers RBS, Natwest and Ulster Bank’s customer's questions
and perform simple banking tasks like Money Transfer.

If Luvo can not anwser, it will pass a customer over to a member
of staff.

Intelligent, Bot can decide what is the query about, gathers
necessary data and takes appropriate action. If unable to take
action, passes it to a human.
 Insurance - DataRobot

Life insurance companies typically do not underwrite customers
who have suffered and survived from serious diseases like
cancer.

With DataRobot, a life reinsurer can use medical history and
conditions to accurately predict the risk of underwriting a serious
disease survivor.

Insurer can identify which customers have good health prospects
and directly underwrite them without further medical assessment,
leading to more customers and reduced medical costs

Inspects hundreds of medical variables in a few clicks,
automatically identifying simple and powerful rules to segment
potentially high-risk patients—those who need further medical
assessment.
 Leading Polyurethane (PU) Foam
Manufacturer

Looper Foam Cutting Machine being used can run at a
max speed of 120 m/min.

Defects (in the form of holes, cuts, patches etc.) were
currently being identified by humans, the machine has to
be operated at a lower speed, also a large scope of
defects being missed completely leading to loses.

Intelligent Defect Identification platform where
Images/videos (captured through high end camera) of
normal and abnormal foams from different stages of
production are correctly identified for remedial action
 IoT – TVS Motors (ALTIZON )

TVS drives IoT-enabled digital transformation by
connecting machines on the assembly line. The idea
was to integrate machine data with related information
from other IT systems on the shop floor to build a
manufacturing data lake.

Productivity Improvement: Gets an insight into
parameters that impact line productivity , Line rate,
Loss, Quality Analysis

Traceability: Can trace a product through its life cycle

Quality: Perform root cause analysis of parameters that
govern product quality using statistical techniques.
Some More On the Way ...
Banking Sector


For better or worse, banks are harnessing
their own data or from other sources to
determine which customers to give Loans to,
which they should extend their Credit Line
and even who might file for Bankruptcy.

Once this Data is Fed to ML Algorithms, it
churns out information like risk ratings,
allowing banks to make good decisions.

Analysing Buying Pattern helps Early
Detection & Prevention of Credit Card Frauds
 Insurance Sector - Predicting
Insurance Premiums


Using Following Attributes of Existing
Customers
 Age
 Sex
 BMI
 Children
 Smoker
 Charges

Is used to Build Models which can Predict
Charges for a New Customer
Manufacturing Industry


Cost reduction through Predictive
Maintenance: Based on Past Data

Improved supply chain management
through efficient inventory
management and a well monitored
and synchronized production flow.

Improved Quality Control with
actionable insights to constantly raise
product quality.

Improved Human-Robot collaboration
improving employee safety.
Internet of Things (IoT) Solutions in
Action

Lightweight Devices can Detect Motion in Bank
Lockers & Other Secure Spaces. This Alerts Security
Groups on Mobile, Blow Sirens etc.

Devices in oil and gas industry is helping, from
downhole sensors to surface control valves and
directly into boardrooms to provide real-time analysis.

This results in improving operations, make better
decisions, and create a safer working environment for
the entire oil field.

Robots and these Devices collaborate to help
Automating, Surgeries, Manufacturing , Assembling ...
Questions