India's largest platform for AI & Analytics leaders, professionals & aspirants

Sign in

India's largest platform for AI & Analytics leaders, professionals & aspirants

3AI Digital Library

AI/ML for Predicting Energy Consumption in Manufacturing

September 11, 2022


A.N. SRINIVASAN
Vice President and Head of Oracle Services,
SRF Limited

n this session, Srinivasan explained the workflow and architecture adopted in a live project for identifying and applying ML algorithms for predicting Energy consumption across multiple machines in a manufacturing unit. He stressed upon checking out for algorithms other than the ones which are popular and widely used, for better accuracy. In this project, Facebook Prophet algorithm was explored in addition to LSTM and ARIMA. Srinivasan concluded the session by responding to multiple questions on transfer learning, examples of domain specific outliers, weightage for over & under forecasting, etc.

Thank you Srinivasan for this insightful session.

    3AI Trending Articles

  • SEBA Bank Fundraising Fuels Growth For Providing Smart Banking

      FINMA licenced Swiss Seba Bank – who already provide a seamless, secure and easy-to-use bridge between digital and traditional assets – approved the completion of its Series B capital increase at its Extraordinary General Meeting today. SEBA Bank is primed to fuel and accelerate its growth strategy according to the team. Guido Bühler, CEO […]

  • Daimler India opens new GCC

    Daimler India Commercial Vehicles (DICV) has opened a new Global Capability Centre in Chennai with 165 seats to meet growing demand for Indian-based shared services. Spread over 20,000 sq.ft., the facility is designed to house the company’s ‘shared services’ business stream. Shared services refers to the various services DICV exports to other Daimler entities around […]

  • AI readiness – CEO’s most strategic agenda

    For the larger mass of professionals, the words “artificial intelligence,” or AI, often conjure up images of robots, the sorts of robots that might someday take their jobs. But at the enterprise level, AI means something different. It has enormous power and potential: it can disrupt, innovate, enhance, and in many cases totally transform a business. […]

  • Three Avenues to foster an edge to win in Digital Business

    Digital business is the creation of new business designs by blurring the digital and physical worlds. It promises an unprecedented convergence of people, businesses and things that changes existing business models and creates new revenue opportunities. Executing digital business will require a digital platform that evolves as business opportunities and threats change. Also, to enable this, […]