TRIESTE, Italy, Dec 8, 2023 – Independent leading engineering optimization software provider, ESTECO, has announced its strategic partnership with Optimad, a pioneering numerical solutions provider in the field of scientific computing. This venture will bring advanced Machine Learning and Explainable Artificial Intelligence (XAI) capabilities into ESTECO digital engineering software solutions.
ESTECO has long been recognized as a global leader in providing the engineering communities worldwide with state-of-the-art technology for multidisciplinary optimization and simulation process and data management. Their software tools have enabled organizations to streamline product design and development processes, improving efficiency, reducing costs, and driving innovation.
Optimad, on the other hand, is at the forefront of XAI (eXplainable AI) development, specializing in the Reduced Order Modelling methods that enable engineers to understand and interpret predictions made by machine learning models. Their expertise in building AI systems applied to numerical simulation aligns perfectly with ESTECO’s commitment to delivering future-proof digital engineering technology.
Through this partnership, ESTECO and Optimad will collaborate to embed advanced explainable AI capabilities into modeFRONTIER and VOLTA, providing users with:
- Data-driven design approach: The exploitation of ML technologies enables organizations to combine the simulation-driven design paradigm with a data-driven approach. This results in improved exploitation of data, enhanced ROI and cost and time savings.
- Improved decision-making: The integration of XAI technology will empower engineers and scientists to make better-informed decisions, ultimately leading to better products and processes.
- Optimad expertise: ESTECO customer base will benefit from the numerical ingenuity and strong knowledge of ROM, ML and AI methods of the Optimad team.
Carlo Poloni, president of ESTECO, stated, “We are excited about the partnership with Optimad, which will take our optimization software to the next level. By embedding explainable AI, we are not only enhancing our offering but also empowering our users with a deeper understanding of their engineering design processes.”
Haysam Telib, CEO of Optimad, added, “We are thrilled to partner with ESTECO, a leader in engineering optimization, to bring transparency and interpretability to the AI-driven decision-making process. This collaboration will undoubtedly benefit engineers and researchers by providing more insight into their optimization processes.”
The combined solution will offer to ESTECO customers a competitive edge for those who value both optimization and explainability in their engineering and research projects.
About ESTECO
ESTECO is an independent software company, specialized in numerical optimization and simulation process and data management. With more than 20 years of experience, ESTECO supports over 300 international organizations in their digital engineering experience, accelerating the decision-making process and reducing development time. Ford Motor Company, Honda, Lockheed Martin, Toyota and Whirlpool are just a few of the major companies relying on ESTECO technology.
For more information, please visit engineering.esteco.com.
About Optimad
Optimad is a leading provider of explainable artificial intelligence solutions, helping organizations achieve transparency and trust in their AI models. Optimad’s solutions are designed to make AI more understandable and interpretable.
For more information, please visit optimad.it.
