Artificial intelligence: Cooperation between Voith and PerfectPattern
“PerfectPattern’s technology is groundbreaking for our goal of using AI as a key component of our customer solutions,” says Dr. Roland Muench, CEO of Voith Digital Ventures. “Because the PerfectPattern approach allows the relevant process parameters to be both predicted and optimized.”
PerfectPattern, Voith’s partner in this venture, has its headquarters in Munich. It develops technologies in the field of artificial intelligence that optimize and control industrial production processes. In this conjunction, the corresponding software solutions make particular use of “reinforcement learning” in combination with intelligent prediction models. In doing so, PerfectPattern takes a step beyond the application of neural networks and optimizes them mathematically and methodologically. Whereas conventional prediction models entail significant development and adaptation effort and the input of huge volumes of data, the PerfectPattern system learns by itself, so to speak, and does so with even less input. This substantially reduces the development effort.
“In industry in particular, artificial intelligence can make a huge contribution to optimizing processes and saving considerable resources,” says Fabian Ruechardt, CEO of PerfectPattern. “The printing industry is already successfully using our technologies to improve print scheduling and thus increase competitiveness. With Voith, we have a strong partner in future with whom we can develop other segments like paper manufacturing, for example.”
About the Voith Group
The Voith Group is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, oil & gas, paper, raw materials and transport & automotive. Founded in 1867, the company today has more than 19,000 employees, sales of € 4.2 billion and locations in over 60 countries worldwide, and is thus one of the largest family-owned companies in Europe.
PerfectPattern was established in 2012 as a technology and software company based in Munich. The company develops software solutions that combine unique mathematical algorithms with artificial intelligence. These allow the fully automatic planning of almost any production process in real time, turning the “smart factory” into reality. In this context, three basic objectives are pursued: flexibility, on-time delivery and reduction of production costs.