REAL-WORLD APPLICATIONS OF AI AND ML

– PRICE PREDICTION PLATFORM

AIM IT HAZARD-CLASSIFIER HELPS REALIZE SAVINGS ON MAINTENANCE COSTS

Unplanned downtime costs can cripple the best-laid production and financial plans. Smart businesses have turned to ML for help. Mining and merging historical, contemporary data, ML algorithms lay out patters that best predict when a product, machinery is most likely to give way. This is a boon for manufacturers, retailers as they can enjoy the luxury of just-in-time inventory.

RETURN ON INVESTMENT FOR ML-BASED PREDICTIVE MAINTENANCE

  • REDUCTION IN MAINTENANCE COSTS

    25-30%

    Maintenance costs are inversely proportional to time – shorter the time, higher the costs. ML can give the much needed window of time

  • REDUCTION IN DOWNTIME

    35-45%

    In service sector downtimes can cause customer and, revenue loss Experts have turned to ML to reduce machinery downtime.

  • INCREASE IN PRODUCTION

    20-25%

    Studies have showed that the best production floors operate on predictive and prescriptive modes. ML makes that possible.

  • ELIMINATION OF BREAKDOWNS

    70-75%

    Component fatigue is among the least understood and most worrisome issue that aviation industry faces. ML gives insights.

WHAT IS IT THAT YOU NEED ML TO RESOLVE?

When it comes to scope the wheel turns a full 360-degrees for Machine Learning. From customer retention to fraud detection, different businesses have turned to ML to address problems that have bugged their bottom-lines. Aim It ML practice has ML solutions for businesses as diverse as banking , manufacturing and, telecom

WHAT CAN AIM IT ML PRACTICE DO FOR YOUR BUSINESS?

EXPAND MARKET SHARE, REDUCE UNCERTAINTY, CREATE NEW REVENUE CHANNELS

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