We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byJessica Kelly
Modified over 5 years ago
BayMiner QVM for Executives © Bayes Information Technology Oy 2007 How to profit from your investments in data collection systems Identify the root causes to delivery problems in your manufacturing process with BayMiner QVM (Quality Variance Management) Ralf Ekholm CEO Bayes Information Technology Ltd.
BayMiner QVM for Executives © Bayes Information Technology Oy 2007 What is it all about? The data analysis market is changing: 1.Data mining is not sufficient anymore. 2.Classic reporting is replaced by easy, fast multi-dimensional analysis methods. You can identify hidden reasons to variations in punctuality and completeness. For managers: A method to identify which of several variable combinations cause problems. A method to get a realistic picture of the reasons to e.g.punctuality problems. For users: A new method to know better before deciding. BayMiner QVM is NOT: A calculation tool. A reporting tool.
BayMiner QVM for Executives © Bayes Information Technology Oy 2007 What is new? Assumption: At present you get punctuality curves per main component/time It is impossible to recognize if behind delays are some unknown major trends. BayMiner QVM reveals them for you if the necessary information hides in your data. (if not, you must further develop your data collection) When situation regarding one module gets better another gets worse. BayMiner QVM can help you predict punctuality problems. Future steps Subcontractors should provide data together with their product or service in such format that you can utilize it for process development without high fixed costs. The form of the data should be such that you can use it to predict e.g. punctuality problems.
BayMiner QVM for Executives © Bayes Information Technology Oy 2007 Advantages and Benefits BayMiner QVM offers for quality development You can identify root causes to various quality problems: Why some variation combinations are more difficult than other. Avoid up to 50 % of delayed deliveries. You can utilize company knowledge effectively: Share knowledge over organizational borders. Avoid the use of scarce resources for unprofitable tasks. You get a second opinion when you plan loading. Identify and correct sales budget variations. You can keep delivery commitments better. Reveals hidden phenomenon in testing data. Speeds up corrective actions. Shorter time-to-market for new products.
BayMiner QVM for Executives © Bayes Information Technology Oy 2007 Familiar problems? Sales promise combinations that are too difficult to realize (notwithstanding that you have a configurator that should help sales to avoid such cases.) Networking has brought new risks. Your statistics are not trustworthy.
BayMiner QVM for Executives © Bayes Information Technology Oy 2007 These problems can be solved: With the BayMiner QVM method that: Elicits knowledge from sparse data. Presents information in an easily understood way. BayMiner PRO is a decision support development tool that: Learns from data about operations in the past. Visualizes problem clusters. Indicates the probable causes and their co-influences. BayMiner QVM includes a special version for on-line use. Easy to integrate - operates via the company's intranet. Highly visual - indicates results with simple traffic lights.
BayMiner QVM for Executives © Bayes Information Technology Oy 2007 Process example: How to compare two visually defined groups with BayMiner QVM The process 1.Check that the distribution of values for most important variables is sensible. 2.Identify important groups in BayMiners visualisation. 3.Select a sample from the middle of each group and name the selection. 4.Compare two groups by putting them against each other multi-dimensionally. 5.Look at the distribution difference indicators for possible hidden information. Results and benefits If you want to compare successful & less successful product applications BayMiners visual representation immediately verifies that you have a homogenous group. If the visualisation shows that you do not have a homogenous group, but that e.g. a statistically uniform group consists of two different subgroups your conclusions for actions are very misplaced.
BayMiner QVM for Executives © Bayes Information Technology Oy 2007 Useful links http://www.bayminer.com/ http://cosco.hiit.fi/ the research group behind it. http://www.bayminer.com/files/papersetc/bnets.pdf theory, pretty heavy. http://www.kdnuggets.com/ the most comprehensive Data Mining and Knowledge Discovery site.
BayMiner QVM for Executives © Bayes Information Technology Oy 2007 Bayes Information Technology Ltd. Porttikuja 3 C FIN-00940 Helsinki tel. +358-9-72892680 www.Bayminer.com CEO Ralf Ekholm tel. +358-50-5497109 e-mail: email@example.com@bayesit.com We are a Finnish HiTech company. Tekes (National Technology Agency) has supported development. Academy of Finland has supported research in Bayesian Networks. Thank you for your interest!
BayMiner EWS for Executives © Bayes Information Technology Oy 2007 How to profit from your investments in data collection systems Avoid unprofitable projects.
SOMA2 – Drug Design Environment. Drug design environment – SOMA2 The SOMA2 project Tekes (National Technology Agency of Finland) DRUG2000 program.
Copyright © 2006 Quest Software Quest SharePoint Management.
Module 3: Business Information Systems
Gordion Business Consulting Ltd. Tel Boost your business performance and Finance department´s productivity PRIMAVISTA.
Intracompany Stock Transfer Scenario Overview
Merit Consulting Terje Myrseth MUA – October 2008.
Financial Ratios 1.Levels of information 2.The power of ratios 3.A context for using ratios 4.Different perspectives 5.Published v. Management Accounts.
Cutting-edge technology for the development of business software applications Takes advantage of the most recent international trends, combining Microsoft.NET.
United Nations Statistics Division Revision policy and dissemination practices Training Workshop on the Compilation of Quarterly National Accounts for.
DM Copyright © Tekes Digital Product Process.
Troubleshooting Guide for Ethernet Switch FAE. Yen Ru.
Report on Intrusion Detection and Data Fusion By Ganesh Godavari.
Trends in Corporate Governance Benjamin E. Hermalin UC Berkeley.
Manajemen Basis Data Pertemuan 8 Matakuliah: M0264/Manajemen Basis Data Tahun: 2008.
Role and Place of Statistical Data Analysis and very simple applications Simplified diagram of scientific research When you know the system: Estimation.
Building Knowledge-Driven DSS and Mining Data
©2000 Prentice Hall Chapter 1: The Concept of Marketing n The marketing concept n Different organizational philosophies about marketing n The importance.
Chapter 8 The Marketing Plan
EXECUTIVE SUPPORT SYSTEM
© 2018 SlidePlayer.com Inc. All rights reserved.