Siemens forms alliance with machine builders for AI-driven industrial solutions

Veronika Bienert CFO Siemens Financial Services
Veronika Bienert CFO - Siemens Financial Services
0Comments

Siemens has entered into a data-sharing alliance with machine builders aimed at advancing the use of artificial intelligence in industrial manufacturing. The agreement centers on exchanging anonymized machine data, which will be used to develop and train AI models designed for industrial applications.

“Access to high-quality machine data from different manufacturers is the key,” Busch explains. “With this alliance, we can develop AI systems that reflect the complexity entailed in development and manufacturing, and so it will become a powerful partner for skilled workers.”

The shared data is expected to support several functions, such as the automated creation of NC programs—digital work instructions for specialized manufacturing equipment. Additional uses include predictive maintenance that offers more accurate forecasts specific to each machine, real-time adaptive manufacturing processes that respond to changing conditions, and improvements in energy efficiency through intelligent control of machine parameters.

According to Siemens, all data exchange will comply strictly with existing data protection and security standards. The alliance plans to expand its membership beyond the current participants and aims to extend industrial artificial intelligence benefits across other sectors outside of machine tool manufacturing.



Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Oliver Bäte Chairman of the Board of Management of Allianz SE (CEO) Allianz SE

Allianz reports financial performance and sustainability achievements for 2024

The Allianz Group operates as a major insurer and asset manager, serving private and corporate clients in almost 70 countries.

Oliver Bäte Chairman of the Board of Management of Allianz SE (CEO) Allianz SE

Allianz Group highlights global operations and sustainability leadership

Allianz Group, a major global insurer and asset manager, operates in nearly 70 countries.

Aditya Mittal Chief executive officer ArcelorMittal

ArcelorMittal posts Q3 2025 earnings; highlights EU policy momentum

ArcelorMittal has released its financial results for the third quarter of 2025, reporting earnings before interest, taxes, depreciation and amortization (EBITDA) of $1.5 billion and a net income of $0.4 billion for the period ending September 30,…

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from EU Business Daily.