Intelligent Production: Solutions to the Data Shortage

Under the buzzword Industry 4.0, larger companies, in particular, have already taken a big step towards the smart factory with technologies such as advanced robotics, cloud applications and big data. In many small and medium-sized enterprises (SMEs), however, production and manufacturing processes are still from a different era. Many surveys show that smaller companies are less open to the challenges of digital transformation – whether due to fear of change, a lack of expertise or infrastructure. One major hurdle is the lack of specific industry data companies need to build artificial intelligence-based manufacturing. The process of data collection and processing is complex and requires special skills. NovoAI, a start-up founded at L3S, aims to remedy the lack of data and creates customised databases for intelligent machines. NovoAI thus also allows SMEs to successfully utilise the opportunities offered by intelligent production. With strategic partnerships and effective cooperation with the university, NovoAI now wants to make the manufacturing industry future-proof. The EXIST start-up grant from the Federal Ministry for Economic Affairs and Energy supports the founding team.