CASE STUDY
Tuesday, March 14
08:15 AM - 08:45 AM
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Voith developed a proprietary AI Algorithm to reduce costs and carbon footprint in industrial processes:
The AI builds an automated digital twin of the entire production/system including the dependencies (based on an AI-generated stochastic differential equation system). This allows predictions and definition of measures.
After studying mechanical and automotive engineering at the Technical University in Munich, Dr. Benedikt Hofmann worked as a project leader at McKinsey & Company. During this time, he also obtained his doctorate in 2011. In 2011 he started to work with Voith. After various management positions, in 2016 he took over as Senior Vice President Product Management of Voith Turbo GmbH & Co. KG. In 2018, he joined the Voith Digital Ventures management board and headed the business line Service and Upgrades. Since October 2018, Dr. Benedikt Hofmann has been the Chief Technology Officer of Innovation & Technology at Voith.
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