Walter AG, a leading provider of tooling solutions for the machining industry, is joining Cyber Valley – Europe’s leading centre for excellence in Artificial Intelligence (AI) and modern robotics that is based in Stuttgart and Tübingen, Germany.
Digital and AI-based solutions already form a strategically important element of the Walter portfolio, with the company using its own AI-based applications for development and business processes. The collaboration with Cyber Valley aims to further advance the development and application of AI technologies in the field of metalworking.
Jean-Daniel Fechter, vice-president of IT and digital transformation at Walter AG, comments: “We are very pleased to be working with Cyber Valley. This gives us access to a strong network of leading experts and companies in the field of Artificial Intelligence and modern robotics. This will enable us to expand our knowledge and capabilities in this area, exchange ideas, as well as increase our visibility and understanding of the field.”
Rebecca C. Reisch, CEO of Cyber Valley, adds: “The signing of the Letter of Intent with Walter is an important step for us in strengthening the connection between science and industry at the site, particularly in the manufacturing sector. This collaboration not only expands our networks, but also fosters valuable conversations and innovations that might not otherwise have come about.”
Cyber Valley is a major centre for AI research and advanced robotics. The network, founded by the state of Baden-Württemberg and the Max Planck Society, is dedicated to promoting research, development and application of technologies in the field of intelligent systems and their acceptance in industry and society.
The partnership with Cyber Valley opens new opportunities for Walter to collaborate on advancing the digital transformation in the metal industry. The company also benefits from access to an extensive network of AI experts and organisations.
Anastasios Eltzidis, web solutions manager at Walter, has been a key driver of the initiative with Cyber Valley. He expects the partnership to yield concrete results: “Cyber Valley is based in Tübingen, as well as Stuttgart, so it would be hard to get easier access to so much expertise in AI and automation. We are confident that the partnership will help us to develop innovative solutions for our customers and strengthen our commitment to digital transformation in the metalworking industry.”
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
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