Predicting Machine Failure Using Machine Learning and Deep Learning Algorithms

Industry 4.0 emphasizes real-time data analysis for understanding and optimizing physical processes. This study leverages a Predictive Maintenance Dataset from the UCI repository to predict machine failures and categorize them. This study covers two objectives namely, to compare the performance of machine learning algorithms in classifying machine failures, and to assess the effectiveness of deep learning techniques for improved prediction accuracy. The study explores various machine learning algorithms and finds the XG Boost Classifier to be the most effective among them. Long Short-Term Memory (LSTM), a deep learning algorithm, demonstrates its superior accuracy in predicting machine failures compared to both traditional machine learning and Artificial Neural Networks (ANN). The novelty of this study is the application and comparison of machine learning and deep learning models to an unbalanced dataset. Findings of this study hold significant implications for industrial management and research. The study demonstrates the effectiveness of machine learning and deep learning algorithms in predictive maintenance, enabling proactive maintenance interventions and resource optimization.