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Finning Digital Innovation Meetup

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Finning Digital Office

Suite 200 - 322 Water Street

Vancouver, BC V6B 1B6

Canada

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Finning Digital Innovation Meetup

Today’s connected world enables countless opportunities for innovation in the heavy equipment industry. For Finning, a leading heavy equipment dealer, this means new digital solutions for optimizing maintenance plans, reducing inventory costs, maximizing machine uptime, improving safety and several other avenues to deliver value to our customers. The key to innovation is a diverse set of operational and transactional data: machines transmit massive amounts of operational data every day, opportunities, decisions, and sales are logged for future analysis, and new sources of information, such as drones and wearables provide real-time geospatial and safety information. This provides a rich environment for data scientists to develop predictive and prescriptive solutions that address key business questions: How likely is a system failure in the immediate future? What is the industry demand forecast for heavy equipment? Which areas require urgent attention for enhancing safety? and so on.

In this meet up, we will introduce Finning Digital and our focused innovation streams in areas of eCommerce, Digital Marketing, Industrial IoT, and Data Science. Our meetup has two presentations with two different solutions to low-count discrete time series forecasting. At Finning, slow movers in the heavy equipment industry can be very difficult to predict due to very few, intermittent data points. In archaeological research, records of historical conflicts are surprisingly similar, with few conflicts spread out over hundreds of years. In addition to presenting Finning’s state-of-the-art hierarchical demand forecasting solution for the heavy equipment industry we will briefly touch on our cost-efficient high performance computing setup.


Learn more about Finning Digital HERE!

Guest Speaker: W. Chris Carleton, Simon Fraser University
High-functioning nerd with a passion for data and Dungeons and Dragons.

Chris recently completed a PhD at Simon Fraser University in the Department of Archaeology and is now a post-doctoral researcher in the department. His primary research focuses on human responses to climate change over the long-term. Much of Chris’ recent and ongoing research involves developing a new quantitative and computational tool kit for studying past human responses to climate change. In addition to his primary research, he has participated in two other major projects. One involves a new predictive model he developed for identifying previously unrecorded archaeological sites—the Locally-Adaptive Model of Archaeological Potential (LAMAP). It uses high-performance computing to generate predictions based on the geospatial characteristics of known sites and has been shown to increase the number of new finds by as much as 300%. The other major project involves “big data” and the quantitative study of religious history with an online digital humanities resource called the Database of Religious History. The database is like a quantitative encyclopedia of religious history. Chris has developed a web app for the database and acts as an editor responsible for curating content and recruiting experts to contribute. He has also conducted fieldwork Saskatchewan, Turkey, and Belize, and worked as a consulting archaeologist in Northeastern BC for a variety of Oil and Gas, mining, and forestry companies. Chris has been the lead author of several journal articles, won prestigious fellowships and awards, and sits on the editorial board of major archaeological journal.

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Finning Digital Office

Suite 200 - 322 Water Street

Vancouver, BC V6B 1B6

Canada

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