Disclosed is a computer-implemented method for generating a prediction model. The model can be for use in processing machine event data to predict behavior of a plurality of industrial machines under supervision. The prediction model can be configured to determine current and future states of the industrial machines. The method can include: extracting event features from event codes and structuring the event features into feature vectors; and generating the prediction model by clustering the feature vectors into a plurality of vector clusters, the vector clusters being assigned to respective machine states. The prediction model can be constructed based on event data from a first industrial machine and be applied to control an operating state of a second industrial machine.