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New Paper: Time Matters: Time-Aware LSTMs for Predictive Business Process Monitoring

We are happy to introduce a new publication, which was written in cooperation with the Chair of Digital Industrial Service Systems from FAU: “Time Matters: Time-Aware LSTMs for Predictive Business Process Monitoring”. In this paper An NguyenSrijeet ChatterjeeSven WeinzierlLeo SchwinnMartin Matzner, and Björn Eskofier propose a new predictive business process monitoring (PBPM) technique based on time-aware long short-term memory (T-LSTM) cells, which allows for better modelling of time dependencies between events. Furthermore, they introduce cost-sensitive learning to account for the common class imbalance in event logs. The presentation can be watched on Youtube. The code is available on GitHub. A preprint can be found here.

 

This work was presented at the FIRST INTERNATIONAL WORKSHOP ON LEVERAGING MACHINE LEARNING IN PROCESS MINING co-located with the second International Conference on Process Mining (ICPM).