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AI Analytics Detailed Notes Compact

AI Analytics integrates artificial intelligence with data analytics to automate data analysis, providing faster and more accurate insights through technologies like machine learning and natural language processing. It encompasses various functions such as descriptive, diagnostic, predictive, and prescriptive analytics, with applications in industries like predictive maintenance and quality control. While it offers advantages like real-time decision-making and error reduction, challenges include the need for high-quality data and potential biases.

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Prashant Pachoriya
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15 views3 pages

AI Analytics Detailed Notes Compact

AI Analytics integrates artificial intelligence with data analytics to automate data analysis, providing faster and more accurate insights through technologies like machine learning and natural language processing. It encompasses various functions such as descriptive, diagnostic, predictive, and prescriptive analytics, with applications in industries like predictive maintenance and quality control. While it offers advantages like real-time decision-making and error reduction, challenges include the need for high-quality data and potential biases.

Uploaded by

Prashant Pachoriya
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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AI Analytics - Detailed Notes

AI Analytics refers to the integration of artificial intelligence (AI) with data analytics to automate and enhance
the analysis of data. It enables faster, more accurate, and predictive insights by using machine learning,
natural language processing, and deep learning algorithms.

Definition:
AI analytics is the use of artificial intelligence techniques to analyze data, identify patterns, and generate
insights automaticallywithout requiring explicit programming for each step.

Core Technologies Involved:


1. Machine Learning (ML) Learns patterns from historical data and makes predictions.
2. Natural Language Processing (NLP) Understands and analyzes human language (e.g., voice, text).
3. Deep Learning Used for complex pattern recognition (e.g., image or speech recognition).
4. Computer Vision Extracts information from images or videos.

Functions of AI Analytics:
1. Descriptive Analytics What happened?
2. Diagnostic Analytics Why did it happen?
3. Predictive Analytics What is likely to happen?
4. Prescriptive Analytics What action should be taken?

Applications in Engineering / Industry:


- Predictive maintenance of machines using sensor data.
- Quality control using AI-based image inspection.
- Demand forecasting for production planning.
- Energy optimization in smart grids or manufacturing plants.
- Supply chain optimization.

Advantages:
- Faster analysis of big data.
- Reduces human error.
- Real-time decision-making.
- Identifies hidden patterns.

Challenges:
- Requires high-quality data.
- Needs technical expertise to implement.
- Risk of bias if data is not representative.

Example (Mechanical Context):


In a smart factory, AI analytics can process data from hundreds of machines in real-time and predict which
component might fail soon, allowing timely maintenance and avoiding downtime.

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AI Analytics In-depth Explanation

What is AI Analytics?
AI Analytics combines Artificial Intelligence (AI) and Data Analytics to:
- Automatically analyze large and complex datasets,
- Discover patterns and trends,
- Make predictions,
- Suggest decisions without human bias or manual effort.

Difference Between Traditional Analytics and AI Analytics:


| Traditional Analytics | Manual, slower, past-focused |
| AI Analytics | Automated, real-time, predictive |

Components of AI Analytics:
a) Data Collection From machines, IoT devices, sensors, etc.
b) Data Preprocessing Cleaning and organizing data.
c) Machine Learning Models Supervised, unsupervised, reinforcement learning.
d) Analytics Types Descriptive, Diagnostic, Predictive, Prescriptive.
e) Visualization Tools Dashboards, charts (e.g., Power BI).

Technologies Involved:
- Machine Learning (ML)
- Deep Learning
- NLP
- Computer Vision
- Cloud Computing
- Edge AI / IoT

Applications in Mechanical/Industrial Field:


- Predictive maintenance
- Quality control via vision systems
- Energy optimization
- Robotics and automation
- Smart Factories (Industry 4.0)

Advantages:
- Fast and accurate decision-making
- Error reduction
- Real-time monitoring
- Hidden trend identification

Challenges / Limitations:
- Data privacy and security
- Bias in models
- High initial cost
- Skilled labor required

Example (MPPSC AE Context Mechanical):


In a thermal power plant, AI analytics can predict overheating, recommend load distributions, detect faults,
and automate reports.

Future Scope:
- Digital Twins
- Industry 5.0
- AI in design optimization
- Self-learning maintenance systems

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