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PREDICTIVE MAINTENANCE#1

A proactive maintenance strategy that uses data analysis to predict equipment failures before they occur.

IOT (INTERNET OF THINGS)#2

A network of interconnected devices that collect and exchange data, crucial for real-time monitoring in predictive maintenance.

DATA PIPELINE#3

A set of processes that automate the movement and transformation of data from source to destination for analysis.

RANDOM FOREST#4

An ensemble learning method that uses multiple decision trees to improve prediction accuracy and control overfitting.

GRADIENT BOOSTING#5

A machine learning technique that builds models sequentially, optimizing for errors made by previous models to enhance performance.

FEATURE ENGINEERING#6

The process of selecting, modifying, or creating features from raw data to improve model performance.

HYPERPARAMETER TUNING#7

The process of optimizing the parameters of a machine learning model to improve its performance.

MODEL EVALUATION METRICS#8

Quantitative measures used to assess the performance of machine learning models, such as accuracy, precision, and recall.

DATA PREPROCESSING#9

The steps taken to clean and prepare raw data for analysis, including handling missing values and normalizing data.

DEPLOYMENT STRATEGY#10

A plan outlining how a machine learning model will be integrated into production environments for real-time use.

REST API#11

A set of rules that allows different software applications to communicate, commonly used for deploying machine learning models.

MODEL DRIFT#12

The phenomenon where a model's performance degrades over time due to changes in the underlying data patterns.

FEEDBACK LOOPS#13

Processes that allow for continuous improvement of models by incorporating new data and insights.

KEY PERFORMANCE INDICATORS (KPIs)#14

Metrics used to evaluate the success of a predictive maintenance strategy, such as downtime reduction.

DATA VALIDATION#15

The process of ensuring that data is accurate and usable before it is analyzed or used in modeling.

OUTLIER DETECTION#16

Techniques used to identify and handle data points that differ significantly from the rest of the dataset.

CROSS-VALIDATION#17

A technique for assessing how a model will generalize to an independent dataset by partitioning the data into subsets.

TIME SERIES ANALYSIS#18

Methods for analyzing time-ordered data points to extract meaningful statistics and identify trends.

ANOMALY DETECTION#19

Identifying unexpected patterns or behaviors in data that do not conform to expected norms.

DATA COLLECTION TECHNIQUES#20

Methods used to gather data from various sources, crucial for building a robust data pipeline.

MODEL TRAINING#21

The process of teaching a machine learning model to make predictions based on a training dataset.

REAL-TIME DATA PROCESSING#22

The immediate processing of data as it is collected to enable timely decision-making.

MAINTENANCE STRATEGIES#23

Plans and practices employed to maintain equipment and reduce downtime, enhanced through predictive analytics.

DOMAIN KNOWLEDGE#24

Expertise in a specific field that informs feature selection and model development for relevant applications.