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Predictive Maintenance
Challenge
Unexpected equipment breakdowns in manufacturing can lead to costly downtime, delayed production, and expensive repairs. Traditional maintenance schedules, often based on fixed intervals, may either be too frequent, wasting resources, or too late, resulting in unplanned failures.
Solution
Unify Ai platform can integrate with your IOT systems and help in predictive maintenance by monitoring machine performance in real time. By analyzing data from the sensors most relevant to your machinery, the ML models can predict when a machine is likely to fail, raise a ticket and alert the relevant users. This allows manufacturers to schedule maintenance only when necessary, reducing unnecessary downtime and preventing critical failures.
Benefits
Technical benefit - Our Unify AI platform can integrate with your production monitoring systems and IOT devices through APIs. The data from these systems can be ingested in real time, a ML model can quickly classify data and raise a flag. The Gen AI agent built using our Gen AI studio can send the flagged data as an alert in simple language to the designated recipient automatically.
Business Benefit - Reduction in repair costs, equipment life extension, and mitigation of unexpected breakdowns are the key outcomes. Unify AI helps improve operational efficiency by ensuring machinery runs smoothly with minimal proactive interruptions.
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.
Early Claim Prediction
Challenge
Multiple early claim prediction models across systems caused fragmented management, offline inference delays, manual scripting inefficiencies, making data sharing difficult amongst teams.
Solution
UnifyAI's automated model orchestration for early claim prediction, streamlines workflows, improves accuracy, and delivers seamless integration with end-system APIs for efficient decision-making.
Benefits
Technical Benefits: AI Studio from UnifyAI accelerates advanced claim prediction models and processes policyholder data in real-time with APIs. It offers customizable models that improve prediction accuracy by adjusting to new data.
Business Benefits: Minimizes financial losses by swiftly identifying and addressing fraudulent transactions, enhances customer trust and loyalty, and provides actionable insights for continuous improvement in fraud prevention strategies.
