SYSTEM AND METHOD FOR ISSUE DETECTION OF INDUSTRIAL PROCESSES

A system is provided comprising a memory configured to store instructions and a processor configured to execute the instructions. The processor is configured to execute the instructions to receive sensor data comprising sensed operations for a machinery, the sensed operations sensed via one or more sensors disposed in the machinery, and to derive a first model matrix based on the sensor data. The processor is further configured to derive a covariance regression model based on the first model matrix, wherein the covariance regression model is configured to be executed to derive a predictive event based on operational machinery data as input.