Mitesh Mistry

Can Generative AI change how businesses and operation do Asset Management?


Friday, June 7, 2024


11:20 am


Most businesses have several Million Dollars invested in physical assets which range from transformers, batteries in utilities, manufacturing equipment, fleets, buildings and others. Constant maintenance and upkeep is paramount to the operations team. Generative AI transforms we have done asset management, allows leveraging not only large language models but Time series Foundation Model and Computer Vision Foundation Models for rapid adoption of AI in cases where we have less data, makes it more manageable and applied with less effort. Use Cases like Field Assistance, Advisor for Asset Management, Failure Mode Understanding and Strategy Generation, Anomaly using Generative AI & Few-Show Vision based anomaly detection.

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