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Towards Leveraging End-of-Life Tools as an Asset: Value Co-Creation based on Deep Learning in the Machining Industry

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Title:Towards Leveraging End-of-Life Tools as an Asset: Value Co-Creation based on Deep Learning in the Machining Industry
Authors:Walk, Jannis
Kühl, Niklas
Schäfer, Jonathan
Keywords:Business Intelligence, Analytics and Cognitive Technologies for Industry - Specific Applications
computer vision
deep learning
machining
value co-creation
Date Issued:07 Jan 2020
Abstract:Sustainability is the key concept in the management of products that reached their end-of-life. We propose that end-of-life products have—besides their value as recyclable assets—additional value for producer and consumer. We argue this is especially true for the machining industry, where we illustrate an automatic characterization of worn cutting tools to foster value co-creation between tool manufacturer and tool user (customer) in the future. In the work at hand, we present a deep-learning-based computer vision system for the automatic classification of worn tools regarding flank wear and chipping. The resulting Matthews Correlation Coefficient of 0.878 and 0.644 confirms the feasibility of our system based on the VGG-16 network and Gradient Boosting. Based on these first results we derive a research agenda which addresses the need for a more holistic tool characterization by semantic segmentation and assesses the perceived business impact and usability by different user groups.
Pages/Duration:10 pages
URI:http://hdl.handle.net/10125/63863
ISBN:978-0-9981331-3-3
DOI:10.24251/HICSS.2020.124
Rights:Attribution-NonCommercial-NoDerivatives 4.0 International
https://creativecommons.org/licenses/by-nc-nd/4.0/
Appears in Collections: Business Intelligence, Analytics and Cognitive Technologies for Industry - Specific Applications


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