Artificial Intelligence is a a programmable brain made to think and act like a human. The global Artificial market generated a revenue of $25 billion in 2018 and revenue from AI is Expected to grow at CAGR of 46.2% from 2019 to 2025. Advancement in AI is real and happening with the technology finding a wide variety of applications in almost every sector.
Maintenance is a critical activity in any industry. The Companies’ ability to be competitive in low price, performance and provide high-quality goods are influenced by how well the machines are maintained.
• Unplanned downtime in the equipment can affect the core business value of the organization and its reputation.
• Amazon in 2013 experienced downtime of close to 48 minutes due to which it suffered a loss of $4million in sales
• Reactive Maintenance approach is used to restore the machine to the operating state once a failure has occurred. These methods require no plan as the machine is repaired only when it has failed to operate properly.
• Preventive Maintenance approach is carried out with a planned schedule base on time or the process iterations to prevent breakdown.
• Reactive maintenance approach is done once the machine has failed and thus this method tends to cause a serious lag and result in huge repair cost.
• Preventive maintenance may sometimes result in unnecessary maintenance and result in high cost.
• The best approach of maintenance which is a trade-off between reactive and preventive maintenance is predictive maintenance.
• The premise of predictive maintenance is that there will be regular monitoring of the mechanical conditions of the machine.
• AI system along with sensors and cameras will be used to inspect the health of the machines daily
• Predictive maintenance will minimize the number and cost of unplanned outages and improve the overall availability of the operating plant.
• One of the methods currently employed is early pest detection so that the crops are protected from further attacks.
• Early detection would help in reducing the usage of pesticides and would also guide the selection of pesticides.
• Sticky traps- used to protect the crops from the pests as these pests get stuck to the traps.
• Detailed evaluation of the entire field using the naked eye is very difficult
• Higher human resource and experts are needed to examine the field as it is both expensive and time-consuming.
• Sticky traps used to protect the crops from pest to a small extent
• An AI system detects pest infestation and classify the pests based on types.
• Computer vision analyze the images of leaves to evaluate the current health conditions of the plants/Crops
• The Images from Sticky traps can be processed by an AI system which uses image processing techniques for the detection of pests from the crops and classification algorithms to classify them based on the different properties of the images
• Several companies have come up with pre-employment assessments which ask the candidates a list of questions. This assessment helps HR executives in selecting the right candidates.
• Applicant tracking system is another approach wherein which software enables the electronic handling of recruitment from receiving resumes to hiring employees Problems in the current practices
• The approach pf pre-assessment test was incredibly time-consuming for candidates and resulted in lower completion rates due to the effort of completing them.
• Applicant tracking system works great at filtering out unqualified applications, yet the software has sometimes eliminated qualified candidates in the process due to some keywords preferred by the company.
• Artificial intelligence makes the selection of right candidates smartly by going beyond the keyword son a resume to determine job fit, it adds context based on reasoning and human input.
• Intelligent Recruitment system can help in gathering the best possible pipelines of candidates for an employer based on the type skillsets, employment and personality traits gathered from various inputs.
• Trained physicians visually assess the medical images and report findings to detect, characterize and monitor diseases
• The assessment by physicians are often found to be based on education and experience, at times, subjective.
• Even the best physicians can miss a minuscule detail in a CT Scan or MRI Scan. Especially, if a doctor focused on finding information on a medical imaging report related to a specific condition, it is completely normal to overlook signs of other unrelated diseases
• AI systems have better computational capabilities than humans, so they can analyze medical images faster than medical doctors
• AI excels at recognizing complex patterns in imaging data and can provide a quantitative assessment in an automated way.
• Accurate diagnosis can be made by doctors if assisted by an AI machine