The value of data for companies

Through the presentation of real case studies, the meeting will demonstrate that the tools of Data Analytics and Artificial Intelligence can impact dramatically in a wide range of industrial sectors.

In fact, companies possess a great amount of information hidden in the enormous amount of data that manufacturing processes (or industrial systems in the broad sense) produce every day. For this reason Big Data, Machine Learning and Data Analytics are no longer futuristic concepts, but represent the present of many companies.

The effective use of data provides companies with indispensable knowledge bases for the pursuit of growth strategies based on quality and efficiency, to be transformed into value for numerous vertical applications such as, for example:

• zero-defect production strategies that guarantee high quality products;
• identification of the onset of anomalies for predictive maintenance;
• advanced and predictive management of the product life cycle by estimating the residual life time of the components;
• monitoring and forecasting the dynamics of company performance indicators;
• optimization of energy consumption.

We’ll talk about it with Energy Way, MindIT, Statwolf and Whirlpool.

At the opening of the meeting, CRIT will present the approach to predictive maintenance developed within the European project Z-BRE4K, which sees 17 international partners involved in the development of technological solutions to be tested on use cases proposed by SACMI, Philips and Gestamp.

Z-BRE4K project has received funding from the Horizon 2020 Framework Program of the European Union under grant agreement No. 768869.