Instead of randomly or exhaustively iterating through combinations of algorithms and parameters, we can use Bayesian Optimization libraries to build up an in-memory approximation to the process we want to fine-tune. We can then make a our selections on prior knowledge.
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Time-to-event (TTE) use-cases crop up in many places across industries. Some examples would be: the prediction of customer churn (the sales domain), remaining-useful-life or time-to-failure TTF (predictive maintenance), or anomaly detection (machine monitoring). Some events are difficult to predict as they are hidden. We can instead try to look for interim events to improve prediction accuracy.
Read moreTime-to-event (TTE) use-cases crop up in many places across industries. Some examples would be: the prediction of customer churn (the sales domain), remaining-useful-life or time-to-failure TTF (predictive maintenance), or anomaly detection (machine monitoring).Some events are difficult to predict as they are hidden. We can instead try to look for interim events to improve prediction accuracy.
Read moreDigitalization accelerates numerous internal organizational processes and influences the development of new products and solutions. Growing complexity and shorter development times increase the pressure on organizations. In order to be able to compete with new companions on the market, speed is – besides speed – a major competitive factor. For this reason, Balluff has been implemented so-called „Strategic Incubation Programs” (SIPs) to develop new business ideas.
Read moreWith our virtual event platform, we remain digitally connected with our customers even in the times of Corona. A review of our first virtual event.
Read moreFor monitoring functionality in industrial processes two aspects are relevant: Environmental awareness and self awareness. Environmental awareness analyzes impacts which are provided by the environment (e.g. ambient temperature).
Read moreProduction processes in milling centers typically use cooling liquids (in order to reduce friction, to cool tool as well as workpiece and to remove metal chips). This way cooling liquids assist to optimize the machining processes.
Read moreManufacturing is rapidly changing, driven by trends such as low volume/high mix, shorter lifecycles, changing labor dynamics and other global factors. One way industry is responding to these trends is by changing the way humans and machines safely work together, enabled by updated standards and new technologies including safety communications.
Read moreWith start of industry 3.0 the users of machine tools began to avoid routine work like manually entering tool data. CNC machine tools gained more market share in metalworking applications. These machines are often equipped with automatic tool change systems.
Read moreCondition monitoring is considered highly complex and always associated with high investments. Not so with IO-Link. How IO-Link makes it easy for you to set up a monitoring network that is independent of the machine control system is the subject of this article.
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