May 16, 2020

Faurecia SA set to purchase $710mn majority stake in Hitachi’s division

Technology
Digital Transformation
Hitachi
Faurecia
Sean Galea-Pace
1 min
Nexteer has designed Digital Trace
The France-based automobile company, Faurecia SA, is set to purchase a majority stake in Hitachi’s division Clarion for approximately $710mn, accordin...

The France-based automobile company, Faurecia SA, is set to purchase a majority stake in Hitachi’s division Clarion for approximately $710mn, according to Nikkei.

The report stated that Hitachi has agreed to sell most of its stake to Faurecia in a deal that will make the company a majority owner.

Japanese giants, Hitachi, confirmed it was considering a number of options but has yet to make a firm decision, Reuters reports.

See more:

With a number of automotive manufacturers adopting new technologies such as self-driving vehicles, autonomous driving and connected cars, it has meant that companies are having to react to change in order to keep up with the latest digital trends.

With an increasing number of drivers utilising their smartphones, it has seen Clarion expand into new areas such as autonomous parking.

Clarion revealed on Thursday (25 October) that the company’s operating profit has seen a decline of 56% from the previous year.

The news comes after it was revealed earlier in the month that Hitachi was deliberating selling its stake in a fleet of high-speed trains in the UK for around $775mn.

Share article

Jun 16, 2021

Fluent.ai x BSH: Voice Automating the Assembly Line

Fluentai
BSH
AI
Technology
2 min
Fluent.ai and BSH announce plans to bring speech-to-intent AI to the assembly line that will increase factory efficiency and improve worker ergonomics

Fluent.ai has deployed its voice recognition solutions in one of BSH’s German factories. BSH leads the market in producing connected appliances—its brands include Bosch, Siemens, Gaggenau, NEFF, and Thermador, and with this new partnership, the company intends to cut transition time in its assembly lines. 

 

According to BSH, voice automation will yield 75-100% efficiency gains—but it’s the collaboration between the two companies that stands out. ‘After considering 11 companies for this partnership, we chose Fluent.ai because of their key competitive differentiators’, explained Ion Hauer, Venture Partner at BSH Startup Kitchen.

 

What Sets Fluent.ai Apart? 

After seven years of research, the company developed a wide range of artificial intelligence (AI) software products to help original equipment manufacturers (OEM) expand their services. Three key aspects stood out to BSH, which operates across the world and in unique factory environments.  

 

  • Robust noise controls. The system can operate even in loud conditions. 
  • Low latency. The AI understands commands quickly and accurately. 
  • Multilingual support. BSH can expand the automation to any of its 50+ country operations. 

 

How Voice Automation Works

Instead of pressing buttons, BSH factory workers will now be able to speak into a headset fitted with Fluent.ai’s voice recognition technology. After uttering a WakeWord, workers can use a command to start assembly line movement. As the technology is hands-free, workers benefit from less physical strain, which will both reduce employee fatigue and boost line production. 

 

‘Implementing Fluent’s technology has already improved efficiencies within our factory, with initial implementation of the solution cutting down the transition time from four seconds to one and a half”, said Markus Maier, Project Lead at the BSH factory. ‘In the long run, the production time savings will be invaluable’. 

 

Future Global Adoption 

In the coming years, BSH and Fluent.ai will continue to push for artificial intelligence on factory lines, pursuing efficiency, ergonomics, and a healthy work environment. ‘We started with Fluent.ai on one factory assembly line, moved to three, and [are now] considering rolling the technology out worldwide’, said Maier. 

 

Said Probal Lala, Fluent.ai’s CEO: ‘We are thrilled to be working with BSH, a company at the forefront of innovation. Seeing your solution out in the real world is incredibly rewarding, and we look forward to continuing and growing our collaboration’. 

 

 

Share article