Glossary
What are predictive models?
Predictive models are algorithms and mathematical-statistical systems used to predict future events from analysis of historical and real-time data. In the manufacturing industry, they find application in predictive maintenance, production planning, energy management, quality and supply chain. They use machine learning, artificial intelligence and data analytics techniques to identify patterns and correlations, turning raw data into useful information to support fast and accurate decisions, reducing risk, waste and operational costs.
How Var Industries can make it easier for companies with predictive models
Var Industries integrates predictive models within its software solutions to enable the smart factory and improve operational efficiency. Software like Amaeco leverages predictive models to improve energy management and sustainability, while Opcenter allows you to optimize production planning based on dynamic forecasts. The use of predictive models leads to smarter, more resilient and data-driven manufacturing.