Detect Anomalies beforethey happen with AI

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Expose hidden patternsWith AI

Detect operational risks, automate monitoring, and accelerate response with a custom-built AI-powered anomaly detection solution.

In the era of AI and digitalization, organizations generate massive amounts of data, but traditional monitoring methods can’t keep up.  Manual reviews are slow and resource intensive.  Rule-based systems miss sophisticated anomalies.

The result?

Undetected risks, operational inefficiencies, and potential revenue loss slipping through the cracks.

Introducing Lantern AI Anomaly & Fraud Detection

Lantern AI Anomaly & Fraud Detection is a custom-built, AI-driven solution designed to identify data points that deviate significantly from expected behavior. Leveraging advanced machine learning algorithms, automation, and predictive analytics, it detects anomalies faster, reduces false positives, and enables rapid response to potential issues.

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The Value of Anomaly Detection

The implementation of AI-powered anomaly detection offers a multitude of business benefits, starting with significant gains in efficiency and substantial cost savings. Multiple reports and studies from McKinsey, IBM and others find:
50%
Reduction in fraud losses
60%
Faster in detecting cybersecurity threats
95%
Improvement in inventory management accuracy

Our Anomaly Detection Solution

Lantern's anomaly detection solution uses AI-powered anomaly models to detect significant deviations from normal patterns in real-time by working with your existing data infrastructure and operational systems. Our engagement approach and packaged accelerators speed your time to business value:

Advisory, Strategy, Envisioning

We evaluate your data landscape and anomaly detection needs to determine the ideal solution.

Build & Launch

We configure AI models for your specific data patterns and anomaly types to deliver the most business value.

Support, Enhance, Optimize

We train your teams on the solution to optimize performance and support your future needs.

Case Study
Unlocking Millions of Dollars in Fraud Prevention
Discover how we helped a healthcare payer leverage AI to identify 7.5x more fraudulent claims and generate a 65x increase in savings per year.
Learn More

Anomaly DetectionAcross Industries

Lantern AI Anomaly & Fraud Detection’s versatile AI technology adapts to the unique challenges of any industry where detecting irregular patterns matters.

Our solution identifies deviations from normal behavior in your data, whether they signal fraud, equipment failure, security breaches, or business opportunities.

Why Choose Lantern AI Anomaly & Fraud Detection?

Lantern’s AI Anomaly & Fraud Detection solution is a custom-built solution that meets your exact business needs.  We partner with you to clearly define the functionality you need and then utilize our accelerators to build your AI-powered solution.

  • Real-Time Detection: Monitor and respond to suspicious activities as they occur across your systems and data streams.
  • Enhance Operational Efficiency: Free analysts from tedious manual monitoring tasks and focus their expertise on addressing genuine concerns.
  • Reduce Operational Risks: Accurately identify and flag anomalies before they cascade into major problems.
  • Proven ROI: AI provides immediate impact with a future-proof solution that continuously improves over time.

Anomaly Detection Archiecture Diagram

By combining industry-specific expertise with advanced machine learning algorithms, we help organizations across sectors transform their anomaly detection capabilities.

  • Financial Services: Identify fraudulent transactions, unauthorized access, and suspicious customer behavior patterns.
  • Manufacturing: Spot equipment failures before they happen, identify quality control issues, and optimize production lines.
  • Energy: Monitor power generation equipment, detect grid anomalies, predict maintenance needs, and optimize energy distribution systems.
  • Healthcare: Monitor for patient safety anomalies, detect billing fraud, and identify early disease indicators in patient data.
  • Retail: Prevent inventory disruptions, detect payment fraud, and identify unusual shopping patterns.
What is anomaly detection in business operations?

Anomaly detection is the systematic identification of observations, events, or data points that significantly deviate from established norms within an organization’s data. These deviations can serve as early indicators of critical events such as fraud, cybersecurity breaches, equipment malfunctions, or shifts in customer behavior.

Why is AI uniquely positioned for anomaly detection?

AI excels at anomaly detection due to its ability to efficiently process vast amounts of data with remarkable speed and accuracy, while also discerning intricate patterns that might be overlooked by human analysts. It can continuously monitor data streams in real-time and adapt to evolving data patterns over time.

What are the limitations of traditional anomaly detection approaches?

Traditional methods are labor-intensive, time-consuming, susceptible to human error, and struggle with large, complex datasets. Rule-based systems are inflexible, generating high numbers of false positives while potentially missing subtle anomalies that don’t trigger predefined rules.

What business value does AI-powered anomaly detection provide?

AI-powered anomaly detection offers significant efficiency gains and cost savings by automating monitoring processes, preventing costly issues through early detection, optimizing resource allocation, and improving data quality. Studies indicate it can reduce maintenance costs by 20-40% and decrease operational downtime by up to 50%.

What are the different types of machine learning approaches used for anomaly detection?

The main approaches include supervised learning (using labeled datasets of normal and anomalous instances), unsupervised learning (identifying deviations without labeled data), and semi-supervised learning (combining both approaches). Deep learning innovations like autoencoders and LSTM networks are particularly effective for complex or sequential data.

What are some real-world applications of AI in anomaly detection across industries?

Key applications include fraud detection in finance, inventory management optimization in retail, patient monitoring in healthcare, equipment failure prediction in manufacturing, intrusion detection in cybersecurity, and energy consumption monitoring in the energy sector.

Ready to LeadIn the Era of AI?

Take the first step toward proactive risk management and operational excellence.  Partner with us and unlock the power of AI to identify threats, reduce costs, and drive strategic decision-making.

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