German provider of cutting-edge solutions for AI driven digitalization is looking for partners from the manufacturing industry using aluminium die casting to further develop the technology under a technical cooperation agreement

TechnologyNemeckoTODE20210315002
Offers
Summary: 
A German start-up specialised in artificial intelligence (AI) driven digitalization of manufacturing companies has developed a cutting-edge AI solution for visualization, monitoring, and predictive analytics in real-time. The company is looking for manufacturing companies which are using aluminium die casting as a process to jointly finalize the solution for a market entry. Partners for this technological cooperation agreement should be based especially in the DACH region.
Description: 
The German start-up was founded in 2019 by experienced engineers who have worked for renown organisations such as the NASA and has developed AI solutions to cope with production challenges within the manufacturing industry. The young company was awarded as one of the best eight companies within the AI industry among 490 European companies applying for the European Data Incubator under Horizon 2020.   The German provider offers a state-of-the-art smart factory and digital twin software. Based on machine learning the user will get real-time predictions of products' quality and potential machine failures. Prescriptive dynamic recipes give concrete recommendations for optimal process parameters. All this is visualized in user-oriented and customizable dashboards.  The solution aims to address the specific challenges of the die casting industry, which is currently facing, as per market research, challenges such as: 1. For every kg of aluminium a. 1-2% is lost as unrecoverable dross b. 15-25% is recycled c. 73-84% makes it to good products The losses incurred in this process are: a. Metal loss (dross) b. Energy lost in furnace and recycling the materials c. Loss in value of recycled material 2. Defects, porosity & insufficient filling account for approx. 70,000 € financial loss per 5K ton of metal melting 3. Failure to improve the quality of the production at affordable prices Based on those challenges the innovative software solution for low pressure die casting consisting of AI and ML (Machine Learning) algorithms, provides predictive analysis and Overall Equipment Efficiency (OEE) Key Performance to address those problems regarding the following Key Performance Indicators. These KPIs are visualized in the German provider’s solution as follows: 1. Predictive Analysis KPIs a. Average Time to Produce b. Average Labour Cost c. Overall Average Defects d. Average Changeover Time e. Down Time f. Average Man Hours g. Average Production Time by Product h. Average Defects by Product 2. OEE KPIs a. Quantity b. Rework Quantity c. Labour Cost d. Service Time e. Tooling Costs f. Material Costs g. Runtime vs Downtime h. Availability i. Performance Cost j. Quality k. OEE - Availability × Performance × Quality l. Power Consumption m. Energy Consumption The solution runs as part of the German provider’s smart factory offer but it can also be integrated into any existing third-party smart factory solution. It can function on cloud and on premise in customer landscape providing highest level of Data security and flexibility. The solution is ready for demonstration as there already a working system for low pressure die casting at customer premises (TRL 7). Solution features 1. Real-time process monitoring 2. Component quality prediction 3. Scrap root-cause-analysis 4. Global root cause analysis 5. Determination of optimal process & machine settings (dynamic recipes to minimize scrap) 6. What-If analysis for effect assessment of process & machine setting changes 7. Tweaker functionality 8. Secure access to software for all users 9. Customizable dashboards for visualizing the output 10. Notifications and communication function via Teams, Outlook, Slack and SMS 11. Self-learning models to capture inconsistencies  12. Software can be installed on-premise or on the cloud The German company is looking for manufacturing companies especially in the DACH region which are using aluminium die casting as a process, for a technical cooperation to finalize and scale the solution regarding low pressure die casting solution using AI and ML. The partnership is envisaged as a mutual collaboration deploying the cutting-edge technology and the manufacturing experience of the partner. The German provider is open for a co-development of a new product or idea using their expertise with AI/ML technologies and the manufacturing domain experience of the partner.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought: 
The German start-up is looking for manufacturing companies, which are using aluminium die casting as a process, for a technical cooperation to finalize and scale the low pressure die casting solution using AI and ML. If the partner has already implemented a smart manufacturing solution it can be enhanced with the AI/ML technology from the German start-up. The young company will integrate their solution with the existing smart manufacturing solution and create a seamless experience for the users. Through this collaboration the partner can benefit from the AI technology for its digitalization processes as well as being more sustainable while using its resources more efficiently. The German provider will bring the technology and the partner its manufacturing domain expertise. The partner is expected to have the following tasks: 1. Provide historical data from die casting manufacturing process 2. Provide existing manufacturing challenges and expectations of improvement 3. Feedback about the technology output 4. Use the technology in their production landscape
Stage of Development: 
Available for demonstration
IPR Status: 
Trade Marks,Copyright
External code: 
TODE20210315002