Sydney – AI in Action: Practical Applications for Asset Management Decision-Making
Join the Sydney Chapter for an evening exploring practical applications of AI in asset management. Across three short presentations, speakers will share how AI, machine learning and computer vision are being applied to complex asset management challenges — from improving system understanding and decision-making under uncertainty, to scaling inspection and condition assessment, strengthening failure classification, and supporting governed, auditable analytics. This event will provide a practical look at how engineering-led AI can support better risk visibility, data quality and asset management decisions.
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Building a Practical AI-Assisted Environment for Complex Asset Management Problems
In this presentation, Dr Kevin Hang demonstrates how a structured, engineering led approach to AI, grounded in professional judgement, validation, and practical workflows, can be applied to complex asset management challenges. Focusing on real world implementation rather than theory, he showcases how AI operating within a secure local environment can improve system understanding, enhance risk visibility, and support more informed decision making under uncertainty.
The presentation draws on insights and outcomes from the successful completion of the 2025 Asset Management Council Research Scholarship.
ML/AI Image Recognition for Asset Inspection and Condition Assessment
This session covers how Ausgrid is applying computer vision and AI to detect and assess defects from inspection imagery, prioritise high-risk assets for early review, and deliver consistent assessments at a scale. Trained on Ausgrid’s defect nuance and built on a reusable cloud-based AI architecture, the capability extends beyond bushfire auditing to support broader asset inspection and condition assessment programs. The same foundation unlocks future use cases including identifying problematic asset inventory, opportunistic analysis of historical photo archives, transforming large volumes of visual data into structured, actionable insights for asset management and network risk.
AI Assisted Notification Data Cleaning for Asset Failure Classification and Governance
This session covers how Ausgrid is applying AI, NLP, and rules-based governance to improve the quality and consistency of asset notification data. The capability interprets messy free-text descriptions, Ausgrid-specific abbreviations, and inconsistent failure tagging to recommend more accurate failure classifications, assign confidence scores, and route uncertain cases for SME review. Built with a governed feedback loop between Databricks processing and SharePoint-based SME review, the solution converts AI outputs into maintained rules tables, dictionaries, and failure-tree updates, ensuring the process remains explainable, auditable, and resilient even if AI models change over time. Beyond correcting individual records, the approach helps identify recurring taxonomy issues, failure-tree gaps, and upstream data-capture improvements, creating a scalable foundation for stronger asset analytics, risk modelling, and decision-making.
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