German Federal Ministry of Education and Research confirms KENDAXA’s funding application
Our Artificial Intelligence (AI) platform – an approved solution for detection of errors in BOMs
We are pleased to share that our request for research & development funding by the German Federal Ministry of Education and Research was successful. This will help us to continue developing our advanced platform for Artificial Intelligence (AI) that can support business automation. For those interested in the technical details, we’ve developed an AI platform for multidimensional association rule mining algorithms.
The aim of the R&D program is to develop a platform with AI-driven applications that can be used in a variety of industries, including discrete manufacturing and the financial services industry. Early deployments in manufacturing have already seen great results in detecting multidimensional dependencies in Bill Of Materials, thus intercepting errors before they become costly, by finding 95% of previously undetected errors. In the financial services industry, we have seen significant productivity gains as well.
Let us know if you want to know more.