In every company there is a lot of valuable data circulating which is still used far too less. By means of ‘Data Value Check’ developed by Know-Center, we answer the question of the value of your data together with you and generate promising data-driven use cases in a multi-stage process. This opens up savings potential, competitive advantages or access to new business areas.

Data Value Check provides you with a well-founded statement about the feasibility of your data-driven use cases, including the economic and technical aspects as well as the legal perspective. (DSGVO, copyright,…etc.) With this 360° view, Data Value Check enables you to facilitate decision-making on the one hand, but also to raise awareness of the requirements and possibilities in the environment of Data Analytics, Artificial Intelligence and Big Data.

In addition to Data Value Check, Know-Center offers further services relating to Data-driven business. The services offered range from training courses on AI and Big Data, Coaching and Organisational Development to the design of data-driven products/services and support in developing strategies to turn a company into a data-driven business.

As Austrias center of excellence for big data, artificial intelligence and data-driven business models, the Know-Center has conducted applied research with more than 130 data scientists since it was founded in Graz in 2000. This provides Styrian companies with exceptional research services in the areas of data management, data security, knowledge discovery, knowledge visualization, social computing and data-driven business at the location.

The Know-Center also has an extensive international network, cooperates with over 100 universities and research centers and leads numerous European initiatives, including the European Network of National Big Data Centers, which includes 58 data centers across Europe. Companies looking for international research partners or wanting to form consortia for funding projects are also at the right place at the Know-Center.

The services offered by the Know-Center includes research services that range from advisory activities to the development of demonstrators to long-term support of in-house research departments in selected topics and the provision of staff at doctoral level.

The challenge: Unexpected interruptions in production, unpredictable fluctuations in the quality, painful downtimes, missing connections between individual causes. Many challenges in day-to-day production can be promptly addressed by looking into the world of data. In modern highly automated production plants, thousands of measuring and control elements deliver valuable information every second. Those who manage to integrate this information, analyze it and combine it with historical data in connection with various evaluation criteria and use it as a basis for decision-making will gain a decisive competitive advantage.

The tool: Timefuse allows quality managers, system developers, service and maintenance technicians, and many other key people to analyze very large amounts of data in an instant. The analysis is interactive, visual and so intuitive that you don‘t have to be a data scientist to benefit from the results.

The key capital – knowledge and experience: The knowledge and experience of your employees. Timefuse enables the search for patterns in very large amounts of data. Outline your hunch, mark similar data series and let Timefuse find all historical occurrences of comparable behavior. See the results as a relevance-sorted list with a preview so that you can promptly identify and interpret temperature fluctuations before a failure or vibrations occur leading to a decline in the quality.

Action-relevant knowledge: Timefuse not only finds patterns in time series, but also links them to documents. How was the last similar shutdown handled? What maintenance measures are required at this time? Has anyone ever reported a similar problem? Timefuse knows this and provides you with the relevant information at the right time and in the right form. This offers you an opportunity to make the right decisions in a particular situation.

Annotate – the new cultural technique: Data contains evidence, but the mind contains knowledge. Your experts interpret patterns detected by Timefuse and record these interpretations for marked data areas. This creates annotations that link knowledge and data. In this way, Timefuse can find expert opinions on data anomalies, optimize repairs and maintenance, and provide expert knowledge data examples for training.