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GERMANY | Accelerating Production with Generative AI

  • VENUE | Hotel Vier Jahreszeiten Kempinski
  • LOCATION | Munich, Germany
  • DATE | June 2024
  • TOPIC | Accelerating Production with Generative AI

Since 1858, guests from all over the world have enjoyed this glamorous grand hotel centrally located in Munich.

And the Hotel Vier Jahreszeiten Kempinski Munich certainly impressed our attendees, with its elegance and royal Bavarian flair.

The highly contentious topic of conversation for the evening was “Accelerating production with generative AI. The future of manufacturing at a glance!”

As generative AI continues to develop, the impact on the manufacturing industry will only increase. Manufacturers who embrace this technology early will gain a significant competitive advantage as they can produce higher quality products more efficiently, reduce waste and drive innovation.

However, the successful implementation of generative AI in the manufacturing industry requires a strategic approach that includes data provision, infrastructure modernisation and workforce upskilling. By proactively addressing these challenges, manufacturers can position themselves at the forefront of the AI-powered factory revolution.

In today’s highly competitive manufacturing landscape, the use of artificial intelligence (AI) has become a game changer. In particular, generative AI is revolutionising the way manufacturers approach design, production and optimisation.

This senior executive event aimed to provide a comprehensive understanding of how generative AI can accelerate and transform the manufacturing industry.

Over a sumptuous dinner, proceeded by a Champagne reception and networking, attendees conversed deeply about the AI-powered factory!

Generative AI is at the forefront of an AI-powered factory, a concept that seamlessly integrates advanced technologies into every aspect of the manufacturing process. By utilising the capabilities of generative AI, manufacturers can achieve unprecedented levels of efficiency, quality and innovation.Key topics of conversation included –

Design and prototyping : Generative AI algorithms are able to rapidly generate and validate countless design variations, optimising for specific performance criteria, material properties and manufacturing constraints. Accelerating the design process, shortens time to market and enables the development of highly optimised products.

Simulation using digital twins : Simulations supported by generative AI using digital twins can drive virtual product and process optimisation. These simulations are able to predict potential problems, identify bottlenecks and suggest improvements so that manufacturers can avoid unnecessary scrap and waste in production and streamline processes.

Predictive maintenance : By using generative AI models trained on historical and real-time sensor data, manufacturers are able to predict equipment failures and proactively schedule maintenance to minimise downtime and maximise equipment utilisation.

Quality control : Generative AI can be trained to detect defects, anomalies and quality issues with unprecedented accuracy, enabling real-time quality monitoring and ensuring consistent product quality.

Supply chain optimisation : Generative AI enables the analysis of complex supply chain data, pattern detection and the generation of optimised plans for inventory management, logistics and resource allocation, with reduced costs and improved efficiency.

  • Organisations who registered to attend – Amer Sports / ATS Corporation / B. Braun Group / Baxter International / Bayerische Landesbank / BioNTech / BSH Home Appliances Group / EOS / HARMAN International / Huawei / Knorr-Bremse / Oerlikon / Siemens / State Street
  • Job Roles included – Director CIO Office / IT Chief of Staff / Global Director Digitalization / IT Directors / VP Germany / Head of Technology & Telecom / Senior Director Digital Strategy & Innovation Management / Head of Digital Solutions / Head of Product Management / Senior Director LBS Engineering / Chief Architect / CTO / VP Strategy – Digitalisation & Business Services / Head of Digital Hub / Ecosystem Owner Digital Experience / VP – Product Management Asset Services

“Coming from Siemens I obviously was aware of the Industrial Metaverse but an alternative view, as well as the exchange with other pax were very valuable”

– Siemens

“I liked the format very much. The discussion was good – sometimes a bit broad, which was good and driven by the different participant profiles”

– B. Braun Group

“Very informative and ideas for our global business”

– Baxter International

“A very successful and highly informative event with very likeable speakers!”

– State Street

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