Session on "Use Cases and Risks of ML in Capital Markets" | 23rd Dec at 4pm Hi everyone! The AI and Risk Mitigation project is well underway and for the third session, we will be joined by Rachna Maheshwari, Associate Director at CRI… more
The 2023 Monsoon edition is curated by:
- Nischal HP, Vice President of Data Engineering and Data Science at Scoutbee. Nischal curated the MLOps conference which was held online between 23 and 27 July 2021.
- Sumod Mohan, Founder and CEO at AutoInfer. Sumod curated Anthill Inside 2019 edition, held in Bangalore on 23 November.
- AI and Research - covers research, findings, and solutions for challenges on building models in various areas such as fraud detection, forecasting, and analytics. This track delves into the latest methodologies for handling challenges such as large-scale data processing, distributed computing, and optimizing model performance.
- Industrial applications of ML - covers implementation of AI in the industry, with more focus on the AI models, the issues in training, gathering data so, and so forth. ML is being used at scale in industries such as automotive, mechanical, manufacturing, agriculture, and such domains. This track focuses on the challenges in this space, as we see innovation coming out of these industries in the pursuit of using ML on a second-to-second basis.
- AI and Product - covers strategies for building AI products to scale and mitigating challenges. This track provides insights on incorporating AI tools and forecasting techniques to improve model training, developing a working model architecture, and using data in the business context.
There are three phases in the lifecycle of an application - research, application and aftermath of the application.
- Assess capabilities, determining the new frontiers for AI.
- Find a use for the application.
- Learn how to run it, monitor it and update it with time.
The three tracks at the 2023 Monsoon edition of The Fifth Elephant will cover this lifecycle.
The Fifth Elephant 2023 Monsoon edition will be held in-person. Attendance is open to The Fifth Elephant members only. Pick a membership to attend the in-person conference. If you have questions about participation, post a comment here.
- Data/MLOps engineers who want to learn about state-of-the-art tools and techniques, especially from domains such as automobile, agri-tech and mechanical industries.
- Data scientists who want a deeper understanding of model deployment/governance.
- Architects who are building ML workflows that scale.
- Tech founders who are building products that require AI or ML.
- Product managers, who want to learn about the process of building AI/ML products.
- Directors, VPs and senior tech leadership who are building AI/ML teams.
Sponsorship slots are open for:
- Infrastructure (GPU, CPU and cloud providers) and developer productivity tool makers who want to evangelise their offering to developers and decision-makers.
- Companies seeking tech branding among AI and ML developers.
- Venture Capital (VC) firms and investors who want to scan the landscape of innovations and innovators in AI and who want to source leads for investment in the AI and ML space.
Time-series modelling for demand forecasting
This talk addresses time-series modeling for demand forecasting, covering a brief history of various types of forecasting models and showcasing where each class of methods is applicable. The talk also covers a case study with real-world data from Sortly (an inventory management SAAS company), highlighting the challenges faced with diverse consumption patterns and anomalies. Specifically, the results of forecasting with SARIMAX, Random Forests and a Transformer based model are discussed for this case-study. Additionally, the talk shares some behind the scenes prompt engineering stories for this case-study - including some detailed prompts, what worked and what did not.
By attending this talk, attendees will gain insights into various types of time-series models and their effectiveness in demand forecasting for various types of data.
Part 1: A brief History of Demand Forecasting:
Various models for demand forecasting
Types of Models
Decomposable Time Series Models - Ex: Arima, Sarimax, Prophet
Classical ML and Ensemble based approaches - Ex: Random Forest, LightGBM
Deep learning based models - Example: LSTMs, GRU based model, Transformers
Where do each of these models make sense to use
Part 2: Demand Forecasting for Sortly
Understanding Sortly Data
Challenges - Anomalies, diverse workflows
Comparison of models for select data
Part 3: Prompt Engineering Stories
Where all can one use prompt engineering
Examples of detailed prompts
Examples of problems encountered with prompts