appliedAI Initiative GmbH’s Post

📢 Exciting News! Our AI Management Suite Now Features an AI Assistant! 📢 Our AI Assistant helps you classify your AI use cases according to the EU AI Act, breaking down its complex details. Instead of reading a lot of legal documents, the AI Assistant will suggest an answer based on your use case description, explaining the reasoning behind its suggestions. Check out the video below to see the AI Assistant in action! 🎥 The AI assistant is part of our AI Management Suite, which enables you to manage and track AI projects, prioritize impactful use cases and meet regulatory demands with simple risk classification and compliance management. Want to see our full Management Suite in action? Book a demo today with the link provided in the comments.👇 #AI #EUAIAct #TechInnovation #AIAssistant #RiskClassification #ComplianceTool

📊 Building a data-driven culture is decisive for leveraging artificial intelligence and increasing competitiveness. Here are the key steps to successfully establish such a culture: 1 - Raise staff awareness of the importance of data 2 - Implement tools and processes 3 - Conduct training and workshops regularly 4 - Promote data-driven decision-making 5 - Create data advocates and champions Data-driven companies are demonstrably more successful, but achieving this requires a cultural shift. If employees embrace the use of data, numerous AI use cases can be set up to drive business growth. Ready to make the shift? You'll find the link to our article about the topic in the comments.👇 #DataDrivenCulture #AI #BusinessSuccess #DataChampions #Innovation

📆 [GenAI Conference 2024]: We are pleased to introduce our keynote speaker, Patrick van der Smagt, a senior AI expert at Volkswagen Group. He brings extensive experience and knowledge to the conference, providing valuable insights into the future of AI. ➡️ He leads the Machine Learning Research Lab in Munich, focusing on unsupervised machine learning, optimal control, and reinforcement learning. ➡️ He is an ELLIS Fellow and a faculty member at the University of Munich Graduate School of Systemic Neurosciences, where he contributes to AI research and education. ➡️ As the founder of the etami European industry initiative on trust in AI, he is dedicated to ensuring that AI systems are ethical and trustworthy. 🔗 Don't miss the opportunity to learn from Patrick van der Smagt and other experts at the GenAI Conference 2024. Join us to explore the transformative impact of AI across industries: https://lnkd.in/dpeWiJM8 #GenAI2024 #ArtificialIntelligence #GenerativeAI #TechConference #Networking #Innovation #AI #MachineLearning 

🌟 We're excited to share a report in the latest issue of human Magazin showcasing the role of appliedAI Initiative GmbH in driving AI transformation across Germany and our partnership with Siemens and Giesecke Devrient. Through collaborations with top German tech and industrial leaders like Siemens and Giesecke Devrient we have built a strong ecosystem focused on fostering collaboration and innovation. We are not only helping companies navigate the complexities of AI integration but also ensuring compliance with the stringent regulations of the EU AI Act. 👉 You want to know more about appliedAI and partners' work in AI? Read the report here: https://lnkd.in/dAg8w7aE #AI #Innovation #DigitalTransformation #EUAIAct #appliedAI #TechnologyLeadership

🚀 Investing in AI: Our Four Real-World Examples Show Why It's Worth It At appliedAI Initiative GmbH, we’re excited to share insights from our recent feature on ingenieur.de. We've developed four key AI use cases that demonstrate significant benefits in manufacturing, achieving a positive return on investment (ROI) within 12 months. The Four Use Cases 1️⃣1. Generative AI in Industrial Design: Benefit ➡️Saves up to 50% of manual work by transforming sketches into models, reducing development time and costs. 2️⃣ AI-based Anomaly Detection: Benefit ➡️Detects anomalies early, cutting scrap rates and downtime by up to 20%, leading to substantial cost savings. 3️⃣ Reinforcement Learning Control (RLC)**: Benefit ➡️ Optimizes system control in real-time, reducing energy consumption from 55% to 33%. 4️⃣ Retrieval Augmented Generation (RAG) for Knowledge Management: Benefit ➡️Efficiently filters data, cutting manual query processing by up to 50%, enhancing efficiency in supply chain management. 🎯 Why It Matters Johannes Keller, Director of Individual Solutions, states, "Investments in bespoke AI solutions can lead to significant results within a year, crucial for industry competitiveness. Dr. Andreas Liebl, Managing Director and Co-Founder, emphasizes the importance of AI investment for Europe's economic future because these investments yield short-term gains and are vital for long-term innovation and competitiveness. 👉 You want to know more? Here you can read the complete article: https://lnkd.in/dwFqHApS #ArtificialIntelligence #Manufacturing #Innovation #Productivity #Efficiency #Technology #Investment #FutureOfWork #AI #appliedAI #ingenieur

Are you looking for a solution to improve the efficiency of your manufacturing process and increase ROI? Join us for our upcoming online event👇🏽 “Transforming Manufacturing with AI: Anomaly Detection for Production Efficiency and Higher ROI” with Arno Fuhrmann, and Julia Kraus. During this webinar, our experts will provide insights from both a business and operational point of view on how AI can be the ace up your sleeve in the area of anomaly detection. Further details: 🗓️ When? 16.07.2024 ⌚ Schedule? 2pm (1 hour) 📍 Where? Online 🗣️ Language: English 👉 Ready to learn how to optimise production processes? Register now: https://lnkd.in/d4_-mFzi

📈 Data orientation is a key component of corporate strategy that contributes significantly to competitiveness and innovation. McKinsey & Company reports that 81% of leading companies effectively utilize data and analytics, giving them a significant advantage over their competitors. 🚗 Take the automotive industry, for example. Many companies rely on data-driven approaches to continuously improve products and introduce technological innovations faster than their competitors. A strong focus on data promotes a culture of continuous improvement and innovation. By collecting and analyzing data, companies can learn and proactively evolve, leading to a lasting competitive advantage. Are you ready to seize upon the power of data? Then read our article about the topic. You'll find the link to the article in the comments 👇 #Innovation #DataAnalytics #AI #BusinessStrategy #ContinuousImprovement

🚀 Take full advantage of data-driven AI planning with our Management Suite and streamline your use case planning from idea to implementation. Identify the use cases with the highest business value using these 2 features: 1. Feasibility Calculator ➡️ Evaluates critical factors such as Data Readiness, Model Deployment, and Overall Deployment Ease on a 1-5 scale. It also pinpoints the use cases with the highest potential. 2. Value Calculator ➡️ Calculates the potential ROI of each AI use case and provides clear, actionable metrics to effectively demonstrate the impact on your business. 👉 You want to know more about our Management Suite? You'll find more information on our website: https://lnkd.in/d4vmdmG4 #AI #MachineLearning #DataDriven #TechInnovation #AIPlanning #BusinessImpact #ROI #TechTools #FeasibilityCalculator #ValueCalculator

📢 Join us on July 25, 2024, for the Generative AI Conference, themed “From Boom to Realization.” Whether in Munich or via live stream, dive into Industrial Generative AI in Europe! 🎯 What you can expect: 1 - Insightful Reviews about the latest trends and developments in Generative AI, Insights from AI experts and real-world success stories. 2 - Networking Opportunities: Connect with 200 professionals from diverse industries, listen to focus talks, panel discussions, and live demos and meet reps from top companies like Siemens, Bosch, BMW Group, NVIDIA and more. 3 - Knowledge Exchange: Hear industry success stories, strategies, and best practices. learn how Generative AI is transforming industries and discuss future directions and opportunities. 👉 Don’t miss out on expanding your knowledge and network. You'll find the link to the registrationpage in the comments. #GenerativeAI #AIConference #TechInnovation #Networking #IndustrialAI #FutureOfAI