PREDICTING PROCESS FAILURES USING ANALYTICS
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United States of America Patent
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Issued Date -
Dec 31, 2015
app pub date -
Jun 30, 2014
filing date -
Jun 30, 2014
priority date (Note) -
Abandoned
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Abstract
A set of data records chronicles attributes of a component in a process over a time period. The time period includes a failure event associated with the component. A status is assigned to the component on each record date in the time period based on the temporal proximity of the record date to the failure event. A computer-based predictive analytics model is developed for predicting the assigned statuses based on the attributes of the failing component. The computer-based predictive analytics model is then applied to a second set of data records that is chronicling the component attributes in the current time period, and predicts a future failure event based on those attributes. An action is then performed based on the predicted future failure event.
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