Illumination Works (ILW) is proud to announce our AFWERX Small Business Innovative Research (SBIR) Direct to Phase II contract award to offer our Odin-FM solution—an enabling technology to transform the budget execution planning process through artificial intelligence (AI)-driven automation.
Data-Driven Execution Plan
The Department of the Air Force (DAF) and the Air Force Installation and Mission Support Center (AFIMSC) require a cohesive, consistent, and transparent data-driven method to equitably allocate its multibillion-dollar annual budget across missions and installations in the Air Force and Space Force to enhance warfighter readiness and lethality. ILW’s Odin-FM AI solution will enable rapid, effective decision-making for the DAF and AFIMSC by automating budget requirements forecasting and analysis as well as the needed data preprocessing to support these activities. Odin-FM will address one of AFIMSC’s 2023 Strategic goals (Line of Effort 1, Goal 6), which is “Create Data Driven Execution Plan Process.”
Intelligent Data Fusion
Odin-FM performs intelligent data fusion by leveraging machine learning (ML) and natural language processing (NLP) to extract and parse financial information from contractual and financial documents. Odin-FM also applies AI-based approaches to identify and correct erroneous data prior to budget forecasting. Using this trusted data, Odin-FM then implements predictive ML models and comparative analysis, feeding data-driven execution planning. The benefits of Odin-FM include:
- Saves thousands of person-hours each year in manual budget requirements gathering
- Transforms budget execution planning to be data- and analytics-driven
- Focuses personnel on high-need areas of the mission
- Seamlessly serves financial insights to end users via interactive dashboards
- Enables rapid and effective decision-making
“ILW’s Odin-FM will significantly reduce the time AFIMSC analysts spend on analysis tasks by using best-of-breed AI/ML techniques to automatically relate funding requests, contracts, and budget. Odin-FM supports the validation process, finds optimization opportunities, and cleanses data—providing the DAF and AFIMSC increased transparency and trust in their data, enabling users to focus on higher-priority analytic tasks with confidence.”
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One-Stop Shop for Budget Planning & Analysis
Odin-FM’s advanced digital/analytic capabilities will enable FM organizations to be data-driven and take control of their digital enterprise, providing a one-stop shop for financial planning and analysis. The feasibility of Odin’s modular components has been proven through ILW’s DoD and commercial project-based efforts; innovation, research, and development (IR&D) in ILW’s Innovation Lab; and during Phase I/II DAF and Department of Navy (DON) SBIRs.
For this effort, ILW will extend the Odin-FM core modules, each of which is presently at Technology Readiness Level (TRL) 4-7, to meet AFIMSC’s need for data-driven budget execution planning. The project will result in ILW deploying a TRL 7 Odin-FM in a DAF enterprise cloud production environment with FM end-user testing complete. Our Odin-FM delivery team brings over a century of data engineering, data visualization, and data science expertise to ensure project success.
Learn more about AFWERX.
About Illumination Works
Illumination Works is a trusted technology partner in user-centric digital transformation, delivering impactful business results to clients through a wide range of services including big data information frameworks, data science, data visualization, and application/cloud development, all while focusing the approach on the end-user perspective.
Established in 2006, ILW has primary offices in Dayton and Cincinnati, Ohio, as well as physical operations in Utah and the National Capital Region. In 2020, Illumination Works adopted a hybrid work model and currently has employees in 14 states and is actively recruiting.