Conference Proceedings
Predictive Business Process Monitoring with LSTM Neural Networks
Niek Tax, Ilya Verenich, Marcello La Rosa, Marlon Dumas, E Dubois (ed.), K Pohl (ed.)
Proceedings of the 29th International Conference on Advanced Information Systems Engineering (CAiSE) | SPRINGER INTERNATIONAL PUBLISHING AG | Published : 2017
Abstract
Predictive business process monitoring methods exploit logs of completed cases of a process in order to make predictions about running cases thereof. Existing methods in this space are tailor-made for specific prediction tasks. Moreover, their relative accuracy is highly sensitive to the dataset at hand, thus requiring users to engage in trial-and-error and tuning when applying them in a specific setting. This paper investigates Long Short-Term Memory (LSTM) neural networks as an approach to build consistently accurate models for a wide range of predictive process monitoring tasks. First, we show that LSTMs outperform existing techniques to predict the next event of a running case and its ti..
View full abstractGrants
Awarded by Australian Research Council
Awarded by Estonian Research Council
Awarded by RISE_BPM project
Funding Acknowledgements
This research is funded by the Australian Research Council (grant DP150103356), the Estonian Research Council (grant IUT20-55) and the RISE_BPM project (H2020 Marie Curie Program, grant 645751).