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Bullboard - Stock Discussion Forum Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > AI ! Coming to a manufacturer near you ?
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Post by Oden6570 on May 08, 2021 6:04am

AI ! Coming to a manufacturer near you ?

Tech startups are fuelling the growth of Ontario’s auto sector.

Data-driven innovations are helping companies optimize production

It doesn’t exactly say so on her resum, but Greta Cutulenco knows how to speak machine.

She’s adept at getting them to divulge their pasts, to communicate productively and, with the help of digital software created by her company, Acerta Analytics Solutions, Cutulenco can coax aging machines to give top performances on the factory floor.

Some can even be taught to overachieve: On the auto-parts assembly line, machines can learn to recommend which parts workers should use to avoid breakdowns or failures.

“Our technology doesn’t remove the need for engineers on the line,” says Cutulenco. “It accelerates their ability to solve and prevent problems.”

Acerta is part of a growing class of technology startups fuelling the growth of Ontario’s automotive industry, which is in the midst of a digital shift.

For years, the province’s rank as an automobile-manufacturing hot spot has been slipping; jobs have been lost as plants closed and foreign-owned automakers prioritized investments in lower-cost markets.

Local software startups, though, are coding a reversal of that slide. By creating a slew of data-driven innovations aimed at helping traditional automotive companies, they are offering the province’s auto sector made-in-Canada options that could help them stay competitive.

In recent years, automakers and their top parts suppliers have been rapidly digitizing. While Ontario-based companies and divisions have been slower to adopt the technology (it is often an expensive investment), experts say embracing digital solutions is essential to stay competitive in the global market.

“There is a race in the automotive space to capture data and then figure out what to do with it,” says Elena Goracinova, a post-doctoral researcher in the Innovation Policy Lab at the Munk School of Global Affairs and Public Policy.

Data is key to several emerging trends in the automotive

and mobility space, from improvements in electric car batteries to vehicle monitoring that tracks a car’s performance and maintenance needs to make connections between its production and on-road outcomes — ultimately resulting in better vehicles.

“These software companies take data and make sense out of it to produce new services,” Goracinova said, adding the software talent in Ontario offers auto-parts manufacturers a homegrown opportunity to stay competitive.

Acerta, a Kitchener-based company, sells technology designed to streamline the manufacturing of complex auto parts — think transmissions, gearboxes or engine assemblies — by using what is known as “machine learning” to flag errors earlier, proactively recommend which parts to use in production, predict when equipment needs maintenance and when it might fail end-of-line testing, allowing engineers to side-step needless checks and focus on those that are essential.

The platform collects and analyzes real-time data, comparing it to historical data to detect patterns in the manufacturing process that statistically tend to result in defects. Acerta works

with clients in Ontario as well as abroad, and Cutulenco noted that for one company, the software flagged 40 per cent of gearboxes that passed the producer’s end-of-line testing but ultimately failed under warranty; in another case, the software’s “intelligent component selection” tool reduced parts failure rates by 65 per cent. Catching those midproduction rather than in end-of-line testing, which is time-consuming and inexact, keeps costs down and avoids bottlenecks, Cutulenco says.

It also helps narrow the time engineers waste troubleshooting. In one example Cutulenco gave, Acerta’s software reduced the amount of time required for a root-cause analysis — to determine what sparked a production problem — from two weeks to one hour.

“Without data, if something is going wrong on an assembly line, you’re freaking out. Every engineer is running around trying to figure out where the problem is happening. They’re almost like cowboys; they’re going to try all sorts of things until it works out,” Cutulenco said. “With this technology, the data points you to where you should focus. The whole thing is simplified.”

Before data can be used to simplify factory processes, though, it has to be organized into a usable form. One hurdle manufacturers often face is figuring out how to get data from machines made in different decades (some might be 50 years old) or by different companies into a compatible standard.

“The way these machines are built, they all have their own language. And a lot of them speak in ones and zeros or some sort of data structure that doesn’t make any sort of human sense,” said John Younes, cofounder of Litmus Automation, which has offices in Toronto and California.

Litmus specializes in software that helps translate those languages. With offices in Toronto, San Jose and Tokyo, Litmus has seen a lot of early uptake among automakers and parts suppliers in Europe and the United States, but less in Ontario.

“Canadian companies are very slow to adopt these kinds of technologies,” said Younes. “In the U.S. and Europe, they’re very much more forwardthinking. Canada likes to wait a bit more and see,” he said, adding uptake here is slowed by the fact no automaker has its corporate headquarters in Canada and decisions about large-scale tech implementations tend to be made at head office.

One of Litmus’s largest clients and earliest adopters is SaintGobain Sekurit, a Frenchowned supplier of automotive glass. Having grown rapidly through acquisitions, Sekurit recently found itself with more than 30 plants spread across 20 countries. Factory machinery in China was different than that in Germany and each of those was different than plants in other countries. Figuring out how to get information off the assembly lines and into comparable forms confounded the company’s data scientists.

“You can install us on the factory floor and we can essentially translate and speak across any type of machine, no matter the make or model,” Younes said.

Litmus is now running in more than 20 Saint-Gobain Sekurit factories and the data flows have enabled the company to streamline its processes, react more quickly and reduce losses. Programmed algorithms enable some machines to notify staff if they are about to break down or require maintenance. The company is planning to implement the program in four plants this year.

Goracinova, the academic researcher, said data use cases in the automotive world will only expand as electric and autonomous vehicles gain more ground.

With them, companies are likely to explore how to use data from on-road vehicles that can be correlated with production data to detect patterns and ultimately improve the manufacturing process. (Acerta calls this notion “holistic life cycle monitoring.”) Data may also lead to the sale of “mobility packages” that would include access to several forms of transportation — vehicles, buses, scooters — rather than ownership of a single car, she said.

“The basis of all these new trends is data. Automakers and new entrants to the industry are all just trying to figure it out,” Goracinova said. “It’s a really nascent landscape, but it’s a segment of Ontario’s economy that merits attention.”

Comment by Yeehaw1 on May 08, 2021 6:09am
Good article but nothing to do with DM there focus is non AI there is no road map from them
Comment by Oden6570 on May 08, 2021 6:14am
How do you think they are able to take the data and provide a report within an hour ?
Comment by Yeehaw1 on May 08, 2021 6:20am
  you need to look at their past.  have they delivered any single thing on AI? THE answer is NO. and by the way this is not their focus at the moment.  GUNTER doesn't provide any information on AI amd there is no AI revenue.   
Comment by Oden6570 on May 08, 2021 6:32am
My last reply to you , Do you know what machine learning is ? How can you read this article and claim they have nothing to do with AI ?  Our mission is to empower our customers’ data, helping them realize greater efficiency and cost savings on production lines and throughout the in-service life of a vehicle. Born out of the world-renowned engineering laboratories at the University of ...more  
Comment by Oden6570 on May 08, 2021 6:35am
What AI is doing in the Auto Sector AI can do and  help in the Health Sector , And countless other oppurtunities , Good Grief ! 
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