Smart Quality Audit for Industry 4.0
The Automotive industry is undergoing unprecedented shifts with respect to autonomous and electric vehicles — with the goals of reducing carbon emissions, transforming customer experience and enhancing mobility. In 2016 alone, the top 5 companies in the automotive sector reportedly spent EUR 49 billion in R&D.
To make this happen, carmakers, parts makers and the entire supply chain needs to be transformed through smart manufacturing and data-driven decision-making. Between 2016-2017, the automotive Industry has spent approximately EUR 1.2 billion on Industry 4.0 solutions on computer vision, machine learning, robotics, and IoT — with the goal of drastically modernizing existing facilities, creating unprecedented efficiencies in supply chain, and building state-of-the art facilities.
Both OEMs and Tier 1 suppliers are facing increasing pressure to cut costs, reduce downtime and increase product quality. Companies are investing in computer vision analytics to automate inspections that are currently being done by humans. Relimetrics provides improved process control optimization and quality audit automation for vehicle components. Automated inspections are much more accurate, can be done in real-time, and are not subject to human fatigue. Thus, our software allows for very high probability of detection as it learns new parts and configurations, and allows companies to spot production issues early — all with the goal of enabling digitazation for automotive companies.
In recent years, the global electronics industry has been exposed to several key trends which are expected to expand the global electronics manufacturing market to $3 trillion by 2020 with a 3% CAGR over 2017-2025. These innovations are often related to robotics, automation and IoT Technology driving smart household appliances, however the need to control costs remains a key concern for manufacturers.
In order to capitalise on current trends and control costs, manufacturers need to integrate new technologies and ensure efficient, eco-friendly manufacturing. Large electronics providers are increasingly exposed to the complexities of a diverse portfolio and the difficulty of services and warranty management. With the use of block chain technology, RM fully digitizes the QA cycle – by lowering and providing full traceability of defects and increasing quality.
The construction industry is being shaped by key innovation trends such as prefabrication and modular construction which are intended to foster growth and efficiency across the sector. Machine learning technology is especially being used to increase safety, quality and track progress in the industry. The global construction industry is expected to reach an estimated $10.5 trillion by 2023, at a CAGR of 4.2% from 2018 to 2023.
In order to drive the industry towards greater efficiency by reducing costs and material waste, drones and 3D printers are being used to ensure accurate placement and size of materials respectively. However, the construction and logistics businesses are still characterised by re-use and renting of materials to third parties. This, results in heavy costs as these units often have to be tightly monitored and counted due to quality control regulations. Relimetrics solution offers the use of data in real-time to predict failure, count objects and subsequently detect defects. Our solution, can integrate with any existing hardware and provide full traceability of defects, to ensure that inventory is always in prime condition and ready to be used.
New technologies such as AI, 3D printing, IoT and blockchain are driving key innovation trends in the aerospace industry resulting in autonomous aircrafts, low cost space projects and supply chain efficiencies. The Global defense industry is expected to grow at a CAGR of 3.0% between 2017–2022 period, crossing US$2 trillion by 2022. To support this growth trajectory, it is vital for aerospace firms to adopt new value propositions through smart manufacturing and improved data handling.
Major aerospace original equipment manufacturer (OEMs) are beginning to embrace intelligent software and digital networking to lower costs and increase savings. The impact of small changes is substantial in this industry as a 1% improvement in fuel efficiency can result in $2 billion savings for airlines. However, the aerospace industry is subject to complex safety regulations, rapid technological changes in terms of supply chain digitisation and its products entail high costs given their use and nature. Real time monitoring of quality is not always possible the industry as quality audits happen visually on manufacturing lines. Thus, Relimetrics provides companies a solution that brings defect rate in manufacturing close to zero through the use of image modality and real-time structural monitoring that seamelessly integrates into the manufacturing line.
ABOUT US Smart Quality Audit for Industry 4.0
Relimetrics is part of the Industry 4.0 movement, which serves to transform how companies design and build products. Relimetrics uses computer vision and machine learning and is a platform solution applicable to numerous industries, including automotive, manufacturing, electronics, and construction. Our software helps customers build better quality products and increases productivity of their assembly or manufacturing processes.
Our company was established in 2013, and it operates globally with hubs in Silicon Valley and Berlin. It has already delivered on a number of projects for top automotive companies, OEMs and other manufacturers in Europe, Asia, and North America.