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AI WITH AN ROI
AI and Automation in Business Decisions
By: Adj. Prof. Giuseppe Mascarella
giuseppe@valueamplify.com
AGENDA
1. AI And Machine Learning Defined
2. What Business Decisions Have an ROI with AI
3. The ROI Case Study for a Steel Manufacturer.
What only humans used to do
What Business
Decision Have the
Highest Potential ROI
thanks to AI?
Economic Justification is both a PMI Project Envisioning and CFO Requirement
Action
Free summary at:
www.valueamplify.com
Finding Value Driven Hypothesis
.
OEE
CSF (Critical Success Factor)
Use data to improve operations
and increase FCC(Fre Cash Flow)
Manage Operation KPIs With Data Insights
As The Data Insight and Automation Increase, Costs Decreases and OEE Take Off
Foundation Advanced Differentiating
Asset Utilization
and
Maintenance • Avoid unexpected downtime
• Avoid over- and under- maintenance
• Operate Asset as a Service
• Take preemptive corrective actions
Overall
Equipment
Effectiveness
(OEE)
• Create New Business Models
Cost of
Incidents and
Maintenance
• Free up Working Capital, Margin Contribution
• Provide Global Support
Intelligence
Reports
ERP, Maint. Data
• Value Creation through
Human and Machine Intelligence
Business Decisions Where AI in Generating Free Cash Flow
Business Decisions Assited By AI
What Parts Have Failed?
Which Parts will Fail Before in the Next 90/180/270
Days?
Stream
Analytics
from
Sensors
Two-Class
Classification
Multi-class Regression Anomaly
Detection
Un-supervised Specialized
Libraries
(Vibration)
When Will More Than x% of the Production be
Outside Quality SLAs
Free Cash Flow (FCF)
Capital
ExpenditureWorking
Capital
Given the Developing Trend What Scenario Is
Developing? What Are The Consequences Of
Situation X?
When will the Asset Fail?
When will The Top 10 Expensive Parts Fail?
Postpone and Consolidate
Interventions
Reduce Rework
Due To Machinery Tuning
How Many of These Type of Bearings will Survive
10K Hours?
Reduce Intervention
Of External Experts
Reduce Spare Parts
Inventory
INSIGHTS
Download book
summary at:
www.valueamplify.com
By: Adj. Prof. Giuseppe Mascarella
giuseppe@valueamplify.com
AI WITH AN ROI
AI and Automation in Business Decisions

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AI WITH AN ROI

  • 1. AI WITH AN ROI AI and Automation in Business Decisions By: Adj. Prof. Giuseppe Mascarella giuseppe@valueamplify.com
  • 2. AGENDA 1. AI And Machine Learning Defined 2. What Business Decisions Have an ROI with AI 3. The ROI Case Study for a Steel Manufacturer.
  • 3. What only humans used to do What Business Decision Have the Highest Potential ROI thanks to AI?
  • 4. Economic Justification is both a PMI Project Envisioning and CFO Requirement Action Free summary at: www.valueamplify.com
  • 5. Finding Value Driven Hypothesis . OEE CSF (Critical Success Factor) Use data to improve operations and increase FCC(Fre Cash Flow)
  • 6. Manage Operation KPIs With Data Insights
  • 7. As The Data Insight and Automation Increase, Costs Decreases and OEE Take Off Foundation Advanced Differentiating Asset Utilization and Maintenance • Avoid unexpected downtime • Avoid over- and under- maintenance • Operate Asset as a Service • Take preemptive corrective actions Overall Equipment Effectiveness (OEE) • Create New Business Models Cost of Incidents and Maintenance • Free up Working Capital, Margin Contribution • Provide Global Support Intelligence Reports ERP, Maint. Data • Value Creation through Human and Machine Intelligence
  • 8. Business Decisions Where AI in Generating Free Cash Flow Business Decisions Assited By AI What Parts Have Failed? Which Parts will Fail Before in the Next 90/180/270 Days? Stream Analytics from Sensors Two-Class Classification Multi-class Regression Anomaly Detection Un-supervised Specialized Libraries (Vibration) When Will More Than x% of the Production be Outside Quality SLAs Free Cash Flow (FCF) Capital ExpenditureWorking Capital Given the Developing Trend What Scenario Is Developing? What Are The Consequences Of Situation X? When will the Asset Fail? When will The Top 10 Expensive Parts Fail? Postpone and Consolidate Interventions Reduce Rework Due To Machinery Tuning How Many of These Type of Bearings will Survive 10K Hours? Reduce Intervention Of External Experts Reduce Spare Parts Inventory INSIGHTS
  • 9. Download book summary at: www.valueamplify.com By: Adj. Prof. Giuseppe Mascarella giuseppe@valueamplify.com AI WITH AN ROI AI and Automation in Business Decisions

Hinweis der Redaktion

  1. to feel a need or a desire for; wish for What is Machine Learning It is a branch of Computer Science that, instead of applying pre-defined logic to solve problems in explicit, imperative logic, applies data science algorithms to discover patterns implicit in the data
  2. The goal of the analysis is to contact these high risk individuals and take necessary actions such as providing special offers and discounts to prevent them from leaving the business. https://azure.microsoft.com/en-us/documentation/videos/harness-predictive-customer-churn-models-with-cortana-analytics-suite/