Skip to main content
Top
Published in:

2020 | OriginalPaper | Chapter

Machine Learning for Predictive and Prescriptive Analytics of Operational Data in Smart Manufacturing

Authors : Katerina Lepenioti, Minas Pertselakis, Alexandros Bousdekis, Andreas Louca, Fenareti Lampathaki, Dimitris Apostolou, Gregoris Mentzas, Stathis Anastasiou

Published in: Advanced Information Systems Engineering Workshops

Publisher: Springer International Publishing

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

Perceiving information and extracting insights from data is one of the major challenges in smart manufacturing. Real-time data analytics face several challenges in real-life scenarios, while there is a huge treasure of legacy, enterprise and operational data remaining untouched. The current paper exploits the recent advancements of (deep) machine learning for performing predictive and prescriptive analytics on the basis of enterprise and operational data aiming at supporting the operator on the shopfloor. To do this, it implements algorithms, such as Recurrent Neural Networks for predictive analytics, and Multi-Objective Reinforcement Learning for prescriptive analytics. The proposed approach is demonstrated in a predictive maintenance scenario in steel industry.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Business + Economics & Engineering + Technology"

Online-Abonnement

Springer Professional "Business + Economics & Engineering + Technology" gives you access to:

  • more than 102.000 books
  • more than 537 journals

from the following subject areas:

  • Automotive
  • Construction + Real Estate
  • Business IT + Informatics
  • Electrical Engineering + Electronics
  • Energy + Sustainability
  • Finance + Banking
  • Management + Leadership
  • Marketing + Sales
  • Mechanical Engineering + Materials
  • Insurance + Risk


Secure your knowledge advantage now!

Springer Professional "Engineering + Technology"

Online-Abonnement

Springer Professional "Engineering + Technology" gives you access to:

  • more than 67.000 books
  • more than 390 journals

from the following specialised fileds:

  • Automotive
  • Business IT + Informatics
  • Construction + Real Estate
  • Electrical Engineering + Electronics
  • Energy + Sustainability
  • Mechanical Engineering + Materials





 

Secure your knowledge advantage now!

Springer Professional "Business + Economics"

Online-Abonnement

Springer Professional "Business + Economics" gives you access to:

  • more than 67.000 books
  • more than 340 journals

from the following specialised fileds:

  • Construction + Real Estate
  • Business IT + Informatics
  • Finance + Banking
  • Management + Leadership
  • Marketing + Sales
  • Insurance + Risk



Secure your knowledge advantage now!

Literature
This content is only visible if you are logged in and have the appropriate permissions.
Metadata
Title
Machine Learning for Predictive and Prescriptive Analytics of Operational Data in Smart Manufacturing
Authors
Katerina Lepenioti
Minas Pertselakis
Alexandros Bousdekis
Andreas Louca
Fenareti Lampathaki
Dimitris Apostolou
Gregoris Mentzas
Stathis Anastasiou
Copyright Year
2020
DOI
https://doi.org/10.1007/978-3-030-49165-9_1

Premium Partner