FORMULA: A Deep Learning Approach for Rare Alarms Predictions in Industrial Equipment

Predictive Maintenance technologies are particularly appealing for Industrial Equipment producers, as they pave the way to the selling of high added-value services and customized maintenance plans. However, standard Predictive Maintenance approaches assume the availability of sensor measurements, and the costs associated with adding sensors or remotely accessing sensor readings may discourage the development of such technologies. In this context, Alarm Forecasting can be very useful as it represents a low-cost alternative or helpful support to sensor-based Predictive Maintenance. In this work, we propose a new formulation for the Alarm Forecasting problem, framed as a multi-label classification task.