IEEE SusTech Talk May 2024 – Harnessing AI for Product Lifecycle Intelligence

#AI #sustainable-manufacturing #decision-making #compliance #digital-twin
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SusTech is hosting talks on Sustainability topics.

“Harnessing AI for Product Lifecycle Intelligence”

with Neil D’Souza, CEO and founder of Makersite, Stuttgart, Germany

Date/Time: May 21, 2024

Discover the transformative power of Artificial Intelligence (AI) in revolutionizing product lifecycle management and sustainable manufacturing practices. This webinar, featuring Neil D’Souza, CEO of Makersite, will explore AI’s role in fostering smarter decision-making, optimizing resources, reducing waste, and amplifying the value proposition of products through eco-design. With sustainability reporting demands set to increase exponentially, learn how integrating AI can offer businesses critical competitive advantages and support the urgent need for comprehensive environmental data governance. Join us to gain actionable insights into achieving efficiency and innovation in a rapidly evolving market.

Key Takeaways:

1. AI-Driven Decision-Making: The integration of Artificial Intelligence in product lifecycle management significantly enhances decision-making processes, allowing companies to make smarter, data-backed decisions. This technological shift is pivotal for navigating the complexities of modern markets efficiently.

2. Resource Optimization and Waste Reduction: By leveraging AI, businesses can achieve substantial improvements in resource utilization and waste management. This not only contributes to more sustainable manufacturing practices but also aligns with global environmental goals.

3. Competitive Advantage through Sustainability: The webinar underscores the importance of adopting AI technologies for sustainability reporting and environmental data governance. This approach not only meets the increasing demands for transparency but also positions businesses at the forefront of innovation and sustainability, offering a clear competitive edge in the marketplace.

 



  Date and Time

  Location

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  • Date: 21 May 2024
  • Time: 08:00 AM to 09:00 AM
  • All times are (UTC-07:00) Pacific Time (US & Canada)
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  • Starts 18 April 2024 11:57 AM
  • Ends 21 May 2024 08:00 AM
  • All times are (UTC-07:00) Pacific Time (US & Canada)
  • No Admission Charge


  Speakers

Neil D'Souza of Makersite

Topic:

Harnessing AI for Product Lifecycle Intelligence

The burgeoning complexities of the regulatory landscape surrounding sustainability reporting, emphasizing an anticipated 527% increase in requirements over the next 3-5 years. This upsurge necessitates a profound governance of upstream environmental data, which currently faces challenges such as incomplete Bills of Materials (BOMs), unidentified sources for supplier and factory data, and the daunting task of aligning data for energy consumption calculations.

Enterprises grapple with a tech stack bogged down by manual flows and the obsolescence of legacy technology, including compliance tools that only serve as a temporary fix and processes that are labor-intensive and outdated. Amid these challenges, the overarching goal is crystal clear: to future-proof organizational capabilities against the escalating tide of sustainability and regulatory demands. By transitioning towards real-time visibility into the supply chain and integrating an efficient, digital landscape for carbon decision making, companies aim to align themselves with evolving expectations, thus ensuring their competitive advantage in the marketplace.

The implications are manifold, involving an enhanced capacity for instant LCA calculation, the on-demand automation and scalability for assessing the environmental impact of vast product portfolios, and the fast-tracking of ecodesign driven by accurate, digitized, and granular data. The reliance on upstream data for informed carbon decision-making, the aggregation of such data to assess carbon, cost, and compliance, alongside the consolidation and dissemination of this information for verified emissions statements, stand as critical components in achieving sustainable operations. This strategic approach not only meets regulatory compliance but also empowers enterprises to exceed sustainability targets, differentiate products in the marketplace, and ultimately, contribute to a more sustainable future.

Biography:

Neil D’Souza is the CEO and founder of Makersite, playing a vital part of Makersite’s success. Prior to Makersite, Neil was CTO at Thinkstep, the leader in sustainability solutions, where he built their corporate solution suite. Having worked on over 200 customer projects over 16 years, Neil is recognized as a veteran and leading expert in the climate tech industry.  

Passionate about applying data to understand and solve tough societal challenges, and technologist at heart, Neil has built some of the most successful industry-leading manufactured products, growing winning product teams, with companies such as Microsoft, Cummins, Barco, and Vestas. Pushing collaboration as an essential element to the success, Neil also co-hosts the Five Lifes to Fifty Podcast with Jim Fava and Shelley Metcalfe, highlighting the intersection between society, business, environment, and technology and how to negotiate the path to sustainable products.

Makersite is a Product Lifecycle Intelligence software tailored for the global manufacturing industry. Harnessing groundbreaking AI technology, Makersite empowers product teams to efficiently manage sustainability, cost, and compliance, turning complex multi-level criteria analysis and decisions at scale from months to minutes. Founded in 2018 by industry veterans, the Stuttgart-based company boasts team members across Europe, Asia, and North America supporting a customer portfolio of industry trailblazers such as Microsoft, Schaeffler, Cummins, and Vestas.

Makersite simplifies intricate product and supply chain data tasks by creating digital twins of product models. Enriched with global supply chain data, these models offer a comprehensive view of a product’s environmental, cost, and compliance impact throughout its lifecycle. Makersite accelerates the product development process, allowing teams to effectively identify cost-saving and eco-friendly strategies in real-time. The result is a faster and more collaborative approach to product development. Visit makersite.io or schedule a live demo and learn more about Makersite’s innovative solutions.

 

Address:Stuttgart, Germany





Agenda

11:00 Introduction of speaker

Noon End