IMC-2019 Learning Session 42:06 Minutes

by Asad Malik, Emerson

Artificial Intelligence (AI) is changing the way we work and live. The rise of AI has been largely driven by one tool in AI called Machine Learning (ML). Even though AI is already creating tremendous amounts of value into software industry, a lot of the value to be created in a future lies outside the software industry, in sectors such as retail, travel, transportation, automotive, materials, manufacturing, agriculture, oil & gas and so on. Artificial Intelligence (AI) and Machine Learning (ML) algorithms are widely emerging to predict, monitor and manage different assets. Usage of these technologies have drawn the interest of many companies towards the field of automation.

In this presentation, you will be given a realistic view on what AI and ML really is and their applications in the industry. You will also be introduced to KnowledgeNet, an out-of-the-box process data analytics software, that uses Artificial Intelligence and Machine Learning techniques to detect abnormal behavior of process and assets in real time and predict future performance.