Two Birds with One Network: Unifying Failure Event Prediction and Time-to-failure Modeling

18 Dec 2018Karan AggarwalOnur AtanAhmed FarahatChi ZhangKosta RistovskiChetan Gupta

One of the key challenges in predictive maintenance is to predict the impending downtime of an equipment with a reasonable prediction horizon so that countermeasures can be put in place. Classically, this problem has been posed in two different ways which are typically solved independently: (1) Remaining useful life (RUL) estimation as a long-term prediction task to estimate how much time is left in the useful life of the equipment and (2) Failure prediction (FP) as a short-term prediction task to assess the probability of a failure within a pre-specified time window... (read more)

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