Markov Decision Process for Industrial Optimization and Overview of TIBCO Data Science platform

Reinforcement learning enables systems to perform decision making upon the agent-environment interaction. It has gained pace in adoption and Markov Decision Process are builting blocks of RL based optimization. In the presentation , we will discuss about the MDP based solution that operate on Policy and Value Iteration and Q Learning. MDPtoolbox is a package offered in R to implement RL solutions.There are multiple optimization methods being used in the industry to address optimization problems but as the size of the problem grows most of the methods become inefficient in performance and practicality.MDP solutions are good at sub-problem solutions as well and so can be used in an online mode.

Later , we will discuss about the TIBCO Data Science platform and how its enabling business world wide to operationalize data science application . Its a suite of TIBCO Spotfire , TIBCO Statistica , TIBCO Alpine, TIBCO Streambase and TERR. The Gartner report for 2019 has listed TIBCO Data Science as leader in ML platforms.

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Outline/Structure of the Talk

- Introduction to Markov Decision Process
- Methods to solve MDP
- Use case of MDP based solution
- How TIBCO Data Science platform helps enterprise to implement and operationalize data science.

Learning Outcome

- How to use MDP to solve industrial optimization

- Solving Stochastic Optimization using Policy Iteration , Value Iteration and Q Learning

- TIBCO Data Science platform overview and capability

Target Audience

ML engineers , Business Analyst & Program Managers

Prerequisites for Attendees

There is no prerequisite . Beginner level familiarity with ML and optimization is a plus.

schedule Submitted 4 months ago

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  • Vishal Gokhale
    By Vishal Gokhale  ~  3 months ago
    reply Reply

    Hi Shivam and Siddharth, 

    Thanks for submitting the proposal. This is an interesting topic. 

    Do you have any videos of you presenting this / other talks at other conferences/events?
    If yes, please share a link to the same. 
    If not, request you to please record a short (5-10 mins) video summary of this talk. 
    This is to help the program committee get a feel of your presentation style. 

    The proposal reviews are in the final stages, hence request you to please provide the video links by 22-May.

    Please feel free to reach out, if you have any queries / concerns. 


  • Dr. Vikas Agrawal
    By Dr. Vikas Agrawal  ~  3 months ago
    reply Reply

    Dear Shivam and Siddharth: Is there a way to show similar results with MDP based solution so that we can learn how to do it with or without the TIBCO platform?

    Warm Regards