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Production Process Optimization
Challenge
Complex variables such as machine efficiency, material waste, quality rejects and fluctuating demand make it very difficult to optimize production. Traditional methods of managing these processes result in inefficiencies, underutilized resources, and higher operational costs.
Solution
Our Unify AI platform allows to ingest vast amounts of data from the production floor. The inbuilt EDA function helps in analyzing the data and identifying patterns and inefficiencies. AI can suggest real-time adjustments to machine settings, workflows, and resource allocation. This ensures that the production process is continuously optimized for maximum efficiency and minimal waste.
Benefits
Technical benefit - Our Unify AI platform has all the required components such as data ingestion tool kit, EDA automation tool, Feature engineering process, the automated AI studio for model building, the deployment workflows, etc all integrated in a single framework. Further you also have the Gen AI studio which can help the relevant personnel with corrective recommendations. This reduces the technical learning curves and support functions and helps to go from concept to production rapidly.
Business benefit - AI-driven process optimization leads to reduced production costs, higher output, and improved product quality. Manufacturers can also achieve better resource utilization, lowering energy consumption and material waste. Overall, AI enables smarter, data-driven decisions that result in a more streamlined and cost-effective production process.
Credit Scoring & Risk Assessment
Challenge
Multiple sources for data for credit assessment. Bias in manual risk evaluations. Slow, resource-heavy credit scoring processes. Adapting to changes in borrower behavior and real-time data was challenging.
Solution
Automated model orchestration for risk assessment models, streamlining workflows, improving accuracy, and integrating seamlessly with end-system APIs for custom, efficient decision-making.
Benefits
Technical Benefits: UnifyAI automates credit evaluations, reducing manual intervention while processing large volumes of financial data. It ensures unbiased assessments, provides instant credit risk evaluation, and allows for tailored risk models that reflect specific business needs.
Business Benefits: AI Studio enhances trust through transparent credit scoring, reduces approval times, and lowers costs by optimizing the process. It minimizes loan defaults by accurately identifying high-risk borrowers, improves profitability, and ensures regulatory compliance.
Persistency
Challenge
Scattered persistency models across data scientists' local systems caused offline inferences, time-consuming manual scripts and manual sharing, resulting in delays and inefficiencies.
Solution
Achieved higher efficiency with AI Studio to centralize various persistency models, streamlining workflows, getting real-time insights, scalability,and reproducibility - thus, simplifying model management.
Benefits
Technical Benefits: UnifyAI offers high-accuracy models for predicting policy persistency and integrates with policy management systems to analyze customer behavior. The platform supports large datasets, providing scalable analysis across insurance products and customer segments.
Business Benefits: Identifies at-risk policyholders for targeted interventions, enhances retention strategies, and strengthens customer relationships. Improves revenue stability by increasing persistency rates and reducing policy lapses.
