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AI can be fed complex historical operational data. It can then use this to quickly identify processes and steps that can be improved.
Being able to optimise processes is a powerful tool in all aspects of business and industry operations.
By learning from past operations and processes, including positive events, negative events, and all the in-between variable and unpredictable events that happened before; processes can be optimised using a more meaningful, targeted, knowledge-led and modelled approach.
Crucially, a faster, accurate process optimisation process saves time, cost and other resources in the future.
The more past data, experience and process events to learn from the more insightful and informed we can base our process optimisation on.
Learning from past events to improve a process might sound straightforward - it is of course exactly what a human brain does - but making this process automatic and asking a machine to do this is extremely complex and demanding, simply due to the huge amount of variation involved.
If a traditional software programming approach was used, the computer would continually be asking "if this, then do that; if x and y, do z". This stepwise methodology is extremely limited and tedious as the program will only do what it has explicitly been told to look for by the programmer; making it next to impossible to account for all possibilities and variations, even in the simplest of processes. You certainly couldn't use this approach for complex processes and operations.
With AI and Machine Learning technology it is now possible to learn from huge amounts of variable, constantly changing data and past events in order to carry out much more accurate and targeted process optimisation.
ELDR Process is a variant of Fennaio's core AI predictive analytics software - ELDR Predictor. Using our powerful ELDR AI Engine, which is a Deep Learning Artificial Neural Network, ELDR Process uses both Supervised and Unsupervised learning to make and link complex relationships from data (of any size or complexity) passed to it.
When ELDR has learnt (trained) from the process data, it is ready to accept real time process data to respond to.
ELDR Process can handle and learn from multiple sources, sizes and complexities of data for numerous prediction requirements simultaneously. Data can be changed at any time and it can continually learn. The software can carry out supervised and unsupervised learning.
By default ELDR is plug and play - you can simply give it appropriately formatted data and it will automatically learn from it, including self optimisation and self scaling.
In many cases you may be happy with plug and play, however almost everything in ELDR is configurable; from which data fields to use as inputs and outputs, to colours, displays, output format, learning modes, learning accuracy, all the way through to Artificial Neural Network dynamics and dimensions.
ELDR Process uses a rich intuitive GUI Dashboard from which to manage the whole AI process (data preparation, learning, outputting and testing), including a comprehensive suite of gamified charts and other visual displays to monitor everything.
AI Integration is our speciality. We understand that AI can be used in a variety of ways and in numerous system-types and processes. We build our software to be entirely modular and there are multiple integration methods and points ranging from network-based RESTFulAPI integration to direct coupling at the code level, depending on the response time required, amongst other considerations.
As well as Process Optimisation software for the Finance industry, we provide a comprehensive set of other Artificial Intelligence, Machine Learning, Deep Learning and Data Science software:
Whether you are starting out on your first AI project, just interested in the possibilities of AI or are wanting to expand your existing AI suite, we are here to help.
We will discuss with you where you are, where you want to be, and how we can achieve it with AI - whether by a bespoke solution or using one of our off-the-shelf products
We will work with you to gather, analyse and prepare all your relevant data sources for use in the AI system(s)
We will run and tune the AI throughout the AI learning process and enable the AI to produce a real time visual output to confirm the AI is producing beneficial results
When you are satisfied the AI is delivering the results you desire, we will integrate the AI with your new or existing systems
Fennaio has the expertise in the Finance sector to get you up and running with Process Optimisation AI and Machine Learning in your new or existing systems, software and operations.Get Started