ao link
Business Reporter
Business Reporter
Business Reporter
Search Business Report
My Account
Remember Login
My Account
Remember Login

AI Marketplace: the digital platform for tomorrow’s innovations

Sponsored by THE AI MARKETPLACE
Linked InTwitterFacebook

Challenges in product creation can be solved with the help of artificial intelligence

 

Posting challenges, finding solutions, and gathering know-how: this is what the AI Marketplace promises. For the past year, experts from science and industry have been working on a platform for AI in product development. The platform is now live in a beta version and brings together AI experts, suppliers, and users.

 

Whether it’s automating technology scouting or optimising design data, the potential of AI in product creation is manifold. CLAAS, an internationally active agricultural machinery manufacturer, has recognised these possibilities.

 

The company is testing a special use case for the integration of AI in computer-aided design in the AI Marketplace, an initiative of the leading-edge cluster It’s OWL. The project is one of six pilot projects in which companies are working together with research institutions in the AI Marketplace on AI solutions for specific use cases.

 

The topics range from intelligent product monitoring and smart vehicle diagnosis to AI-supported manufacturability analysis. In addition to CLAAS, companies including Diebold Nixdorf, Düspohl Maschinenbau, Hella Gutmann Solutions, Westaflex and Ubermetrics Technologies are also involved in the pilot projects.

 

However, countless other partners will benefit from the AI Marketplace. After all, providers, users, and experts can jointly develop and exchange AI solutions on the platform of the same name.

 

“The AI Marketplace offers companies a central place to solve their product development challenges with the help of AI,” says Leon Özcan, Project Coordinator and Research Associate at Heinz Nixdorf Institute (Germany), part of Paderborn University. “AI providers gain direct access to their customers in this way.”

 class=
The AI Marketplace creates a unique ecosystem that brings together AI experts, vendors, and users to realise the potential of AI.
Image Source: Adobe Stock

 

A large network is behind the AI Marketplace

 

The success of the platform and its services is guaranteed by a consortium of 19 research institutions, networks, and companies, whose nucleus is It’s OWL. In this technology network, 200 companies and research institutions are jointly developing new technologies for tomorrow’s production.

 

Other networks also ensure a broader impact. prostep ivip Association, for example, bundles know-how in product development, while the International Data Spaces Association (IDSA) – both members of FIWARE Foundation – ensures secure data spaces.

 

Furthermore, the open-source platform FIWARE and the platform operator Inno-Focus are leaders in their fields. www.fiware.org/2021/06/09/artificial-intelligence-within-cities-the-next-stage-in-societal-digital-transformation/&sa=D&source=editors&ust=1624527062219000&usg=AOvVaw3tLQKGQZRTkknPRpWsWhUk" target="_blank" rel="noreferrer noopener nofollow">Artificial Intelligence and Machine Learning (ML) techniques are increasingly being incorporated in architectures powered by FIWARE to support the adoption of smarter decisions, going a step further in the automation of processes.  

 

The AI Marketplace project is funded until December 2022 by the innovation competition “Artificial Intelligence as a Driver for Economically Relevant Ecosystems” of the German Federal Ministry for Economic Affairs and Energy (BMWi).

 

 


 

 

 

To learn more about our work and how you can get involved, visit the AI Marketplace webpage.

 

 


 

 

 

Hendrik Fahrenwald is a Marketing Manager at It’s OWL.

 

 


 

 

 

Header Image: Image provided courtesy of It’s OWL.

 

 

Sponsored by THE AI MARKETPLACE
Linked InTwitterFacebook
Business Reporter

23-29 Hendon Lane, London, N3 1RT

23-29 Hendon Lane, London, N3 1RT

020 8349 4363

© 2023, Lyonsdown Limited. Business Reporter® is a registered trademark of Lyonsdown Ltd. VAT registration number: 830519543