Indeform Ltd implements EU – funded project "Development of an innovative damping system with the support of artificial intelligence (AI) enables monitoring, evaluation and prediction of damping processes"

During the implementation of the project, the aim is to create an advanced product - an innovative system (digital twin), which will consist of a new generation stamping tool with sensors and integrated artificial intelligence algorithms, which will process the array of sensor data in real time and form recommendations for the operator based on the results obtained.

A fully developed advanced product:

1. a) will analyze and visualize information about the quality of the stamped product;
2. b) will make it possible to react immediately to quality discrepancies and take corrective actions with minimal losses;
3. c) will make it possible to see the condition of the tool in real time and effectively plan service/repair time, thus saving the costs of technical personnel and extending the operational time;
4. d) the help of artificial intelligence will minimize the risks of human errors and the dependence on the experience and competence of the staff.

The value of the project is EUR 1,231,330, of which EUR 701,761 is EU funding. The project is co-financed by the European Union.

Duration of project implementation: 2024.06.19 - 2026.06.19.

The project is implemented by "Stansefabrikken Automotive" Ltd. together with partner "Indeform" Ltd.

Contacts:
Algirdas Noreika
phone.: +370 630 09640
email: contact@indeform.com