Palantir's Foundry for Manufacturing on AWS: A Game-Changer for the Industry

Palantir's Foundry for Manufacturing on AWS: A Game-Changer for the Industry
IMAGE: Palantir
Palantir's Foundry for Manufacturing on AWS: A Game-Changer for the Industry
Kitai LinkedIn Twitter YouTube

Palantir unveiled Foundry for Manufacturing on AWS, to fully realise the potential of industrial data. This innovative solution enables customers to merge together data, decisions and operations throughout the entire lifecycle.

It also allows them to bring their data to life and offers a unified platform for streamlining optimisation and managing organisational change. Moreover, it provides users with an efficient integration of IT/OT and operational data, along with traceable data models and bespoke operational applications suitable for leadership personnel, engineers and operators.

IMAGE: Palantir

Foundry for Manufacturing on AWS is a comprehensive solution that provides an answer for manufacturers who are looking to break down data silos, respond to disruptions in the value chain, and address talent and skills shortages. It enables customers to use powerful applications like yield optimisation, dynamic maintenance, production scheduling, and computer vision quality detection.

For more stories subscribe to our Newsletter

Through the integration of Foundry with services such as AWS Lake Formation, Amazon Redshift, and Amazon Relational Database Service (Amazon RDS), added flexibility is also available. This solution based on the AWS Industrial Data Fabric offering makes it straightforward for customers to become data-driven by taking quick steps toward transforming their manufacturing and industrial operations.

Integrity Tool & Mold is embracing Foundry as its primary operating system at its largest plant in Windsor, Canada. By partnering with Palantir early on, the company has set in motion its transition to a digital command centre that will unite teams and data from all of its operations to enhance manufacturing.

Kevin Booker, Director of Operations at Integrity Tool & Mold, is confident that their people, vision and now the Foundry platform can revolutionise custom manufacturing. By accessing data points not available before and intertwining them with their system, they are able to enhance operational efficiency and quality.

Panasonic Energy Co., Ltd. recently deployed Foundry on AWS at their Panasonic Energy of North America facility in Sparks, Nevada. This now serves as the infrastructure of their Smart Factory ecosystem which deploys technologies from Edge AI to SDKs to allow for integrateable ML and Foundry Ontology capabilities into other applications across the global business.

Jacobs, a leading engineering and technical services company, created a process optimisation and dynamic maintenance solution suite in Palantir Foundry that links predictive AI modelling with plants' daily operations to decrease energy and chemical usage across sites. After 6 months, they noted a 20% annual reduction in plant-wide energy usage at the pilot site location, which has now commenced scaling to multiple other plant locations.

IMAGE: Palantir

READ MORE: Palantir and Panasonic Energy of North America Join Forces in Multi-Year Agreement

Gabby Rojas, Head of Manufacturing at Palantir, commented on the company's cutting-edge manufacturing solution for Foundry. Rojas emphasised that in the present era of mounting pressures and a shortage of staff within the manufacturing industry, this technology is key to allowing clients to make full use of their sensor data and AI for optimising their operations.

AWS is driven by the potential of what can happen when businesses have open, unrestricted access to their information and can shift to the cloud, revolutionising their processes and entire industries," said Wendy Bauer, General Manager, Automotive & Manufacturing at AWS. "We are thrilled to witness the influence on our customers as they utilise Foundry for Manufacturing on AWS; clearly demonstrating the significance of solutions presented in the AWS Marketplace and via the Industrial Data Fabric option."

READ MORE

2 EV Stocks Under $10 With Big Potential / Polestar & NIO

In the first quarter of 2023, Cathie Wood opted to part ways with Chinese EV company NIO Inc. (NYSE:NIO). ARK Investment Management sold a total of 336,347 shares of the stock during this period. Since then, this stock has dropped by 45% which could explain why Wood was no longer interested in holding it. Yet, she remains highly optimistic about Tesla Inc.

Polestar CEO Prefers EV Features Over Range

Designer-turned-CEO Thomas Ingenlath questions the importance of efficiency, emphasising "brilliant new ideas".  Polestar CEO said he would give up some of the efficiency and range of an electric car to ensure it has a distinctive visual identity.

The New 2024 BMW i5 5-Series

The most powerful member of the new 5-series sedan family is the i5 M60 xDrive, boasting a whopping 590 horsepower - and it's electric! The 530i and 540i models are still available, powered by gas.

YouTube channel
Thank you for reading.

Read more