Fuel Your Growth: Accelerating Development Processes in Automotive with the Help of AI

8th November 2022, 12:00 – 13:30 CET

The automotive sector can take advantage of AI solutions not only for establishing fancy cars that drive autonomously but especially for reshaping their manufacturing processes. Data Science, Machine Learning, Artificial Neural Networks and Text Mining are technologies that are already partially mature in the online marketing and financial worlds, and they have so much to offer for development, engineering, and manufacturing processes in the automotive industry.

According to the McKinsey Global Institute it would be possible to automate at least 30% of activities in about 60% of the occupations in Germany with the help of robotics and AI technologies. Not only this, but due to demographic changes most parts of Europe are facing rapidly aging populations and thus a smaller workforce. Soon they will need to rely on AI-based automation to power the productivity gains necessary to achieve GDP targets. In this episode we will dive deep into the chances AI has to offer for the automotive sector.

Hosted by:

Dr. Richard Ahlfeld
CEO of Monolith AI

Dr. Barbara Wood, Mechanical Design Engineer at Pathrise

Dr. Jürgen Bohn
Head of Innovation, Schaeffler Group

Dr. Paula Palade
Digital Manager, Jaguar Land Rover Automotive PLC

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RESTING OR TESTING?
Speeding Up Your Vehicle Development Process with AI-Based Virtual Testing
Dr. Richard Ahlfeld, CEO of Monolith AI

In a fast-changing environment like our VUCA world companies need to think about ways to accelerate their product development processes to keep up the pace of their customers and stakeholders. AI can be the key to success here and we will learn more about how to use it correctly in the following hotspot session:

  • Being able to accurately understand and predict the performance of physically complex vehicle systems under all operating conditions
  • Getting your product to market faster with data driven models instead of relying on expensive, time-intensive prototype tests
  • Going faster from sensor data to insights: from vehicle dynamics to wind tunnel to crash testing
RESTING OR TESTING?
SYNERGY OF AI AND MECHANICAL DESIGN
Issue Detection Made Easy with Machine Learning
Dr. Barbara Wood, Mechanical Design Engineer at Pathrise

Releasing the creative potential of mechanical engineers in facilitating time-intensive tasks such as CAD modelling? Big Data will make it possible to bind the calculations needed to design components. Now, robots are simultaneously working with humans to learn manufacturing skills with AI and to assist humans in factories for example in the form of exoskeletons. They are already long established in materials handling and are also capable of sorting tasks based on specifications like weight, shape, and branding design. Join us in debating the best practices about these topics:

  • Building quicker low-cost approximations of design process calculation
  • Identify damage and inspect structures
  • Design better structures with AI instead of the old trial-and-error methods
SYNERGY OF AI AND MECHANICAL DESIGN
TWISTING THE USP OF FUTURE CARS
Shifting the Generated Value of Vehicles from Hard- to Software with Artificial Intelligence
Dr. Jürgen Bohn, Head of Innovation, Schaeffler Group
Dr. Paula Palade, Digital Manager, Jaguar Land Rover Automotive PLC


Software technology service offerings within automotive are expected to become the USP and technology will make up to 40-50% of the vehicle's value. In our expert chatroom we will apply this future prospect to your current business model and discover what is necessary to provide the right USP:

  • How is AI revolutionizing the mobility sector with autonomous cars, advanced infotainment systems and driver risk assessment?
  • How to make sure that ethical requirements within AI are met to ensure a safe way of autonomous driving?
  • Involving technology providers into your value chain: Maximizing your revenue share and fuel your growth through building strong and advantageous collaborations
  • The road to driverless cars in only ten years: Deliberating the impact of Advanced Driver Assistance Systems (ADAS) & Autonomous Driving on the business models of the big players in the industry
TWISTING THE USP OF FUTURE CARS

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