Predyktable June Newsletter

Introduction?

Welcome to our June newsletter! It’s been another busy and productive month here at Predyktable. We’re excited to share some significant updates and insights from our Technology and Data Science teams, as well as highlights from our participation in key industry events.?

Over the past month, our Technology and Data Science teams have been making significant strides. The tech team has finalised several key projects, including the completion of Azure integration and data transformation work, the Kanban transition, and various headcount and R&D initiatives. They’ve also tackled ISO documentation and performance fixes. Meanwhile, the data science team has been busy with several projects, including initial analysis and model development. They've also completed data validation, deployed end-to-end pipelines, and addressed geo-mapping issues. Excitingly, they’re working on a proof of concept for using web-connected LLMs for research data. Stay tuned for more updates as we continue to innovate and enhance our services!?

Company Updates & News?

We are excited to be invited to join Innovate UK’s scale programme to accelerate our growth. A kick-off meeting has been held, and there are more exciting updates to follow.?

We spent two great days at Climb24, the UK’s premier festival dedicated to innovation, investment, and collaboration, surrounded by talented startups and investors, creating an uplifting vibe … the kind of vibe that makes you feel there are no limits to what can be achieved! We had the pleasure of both exhibiting and presenting on panels. Predyktable's CEO, Phillip, shared insights on "Decoding AI Investment: Insights into What Investors Want," while Steve contributed to the discussion on "Breaking Boundaries: Strategies for Industry Innovation." It was an honour to share the stage with industry leaders and experts, and the discussions that followed were equally enlightening.??

Predyktable was at London Tech Week, the epicentre of the global tech ecosystem. With 45,000 attendees, 75 hours of content, and over 5,000 start-ups, it was an unparalleled opportunity to connect, learn, and innovate.??

London Tech Week isn't just about meetings—it’s a celebration of tech, featuring inspirational stories from founders, and cutting-edge insights into AI, quantum, cyber, and more. It’s the perfect place to explore new technologies, discuss pressing issues like data privacy and tech inclusion, and find solutions to transform operations. The insights and connections we gained are invaluable as we continue to push the boundaries of predictive demand forecasting and planning solutions.?

Ritwik’s Blog?

"Tapping into the Power of Text: Using LLMs to Improve Field Service Operations", by our Senior Data Scientist Ritwik. At Predyktable, we partnered with a major F&B services provider to build a predictive maintenance model using LLMs, leveraging both structured and unstructured data to forecast equipment failures and streamline operations.?

Here's a sneak peek of what you'll find in the blog:?

• ?? Structured Data: Utilising historical maintenance records, equipment specs, and external factors.?

• ?? Unstructured Data: Tapping into the rich insights hidden in service technicians' notes.?

• ?? LLMs and BERT: How large language models and fine-tuning BERT revolutionised our approach.?

• ?? Predictive Power: Combining text embeddings with classical machine learning models for superior predictions.?

This project has been a game-changer, showcasing how advanced data analytics can transform field service operations, enhance efficiency, and reduce downtime.?

?? Read the full blog post here?

Predyktable People?

We continue to grow our Data Science and Technology teams, with new starters joining team Predyktable imminently. We are still on the lookout for tech engineers. If you know someone who would be a great fit, please let us know!?

Conclusion?

Thank you for taking the time to catch up with us. We’re excited about the progress we’ve made and look forward to sharing more updates with you soon. As always, we appreciate your support and interest in Predyktable.?

Kind regards,?

The Predyktable Team?

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