Towards low-cost machine learning solutions for manufacturing SMEs

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Abstract

Machine learning (ML) is increasingly used to enhance production systems and meet the requirements of a rapidly evolving manufacturing environment. Compared to larger companies, however, small- and medium-sized enterprises (SMEs) lack in terms of resources, available data and skills, which impedes the potential adoption of analytics solutions. This paper proposes a preliminary yet general approach to identify low-cost analytics solutions for manufacturing SMEs, with particular emphasis on ML. The initial studies seem to suggest that, contrarily to what is usually thought at first glance, SMEs seldom need digital solutions that use advanced ML algorithms which require extensive data preparation, laborious parameter tuning and a comprehensive understanding of the underlying problem. If an analytics solution does require learning capabilities, a ‘simple solution’, which we will characterise in this paper, should be sufficient.

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Kaiser, J., Terrazas, G., McFarlane, D., & de Silva, L. (2023). Towards low-cost machine learning solutions for manufacturing SMEs. AI and Society, 38(6), 2659–2665. https://doi.org/10.1007/s00146-021-01332-8

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