Caterpillar Inc.
CALLABORATIVE SYSTEM AND METHOD FOR VALIDATING EQUIPMENT FAILURE MODELS IN AN ANALYTICS CROWDSOURCING ENVIRONMENT

Abstract:

A method for dynamically creating and validating a predictive analytics model to transform data into actionable insights the method comprising: identifying an event, selectively tagging, based on analytics expertise, at least one time series data area (data area), where the identified event occurred, comparing data area where the identified event is tagged with the data area where the identified event is not tagged, building, based on analytics expertise, the predictive analytics model embodying the classification generated by selective tagging, displaying the visual indicia generated by executing the predictive analytics model, and validating the predictive model based on a feedback from at least one domain expert.