57. Monolith

Company: Monolith

Founder: Dr. Richard Ahlfeld

Website: https://www.monolithai.com/

 

monolith-logo

 

About Monolith

 

Monolith software is trusted by the world’s top engineering teams including Siemens, Honeywell, and the BMW Group to develop better quality products in half the time. Backed by one of the world’s largest software investors and recognized by Gartner as a Cool Vendor for AI in Automotive, Monolith empowers engineering domain experts across vertical markets to accelerate development of revolutionary new products by using AI to model intractable physics from test data.

By leveraging clients’ test data to build highly accurate, self-learning AI models, engineers use Monolith to reduce testing, increase learning and maximize product quality – with the platform having demonstrated to decrease battery testing time by up to 73% using the latest robust active learning algorithm.

The power of AI for developing new and innovative mobility technologies, both now and in the future, is driving Monolith towards its vision of empowering 100,000 engineers to cut their product development cycle in half by 2026.

Monolith believes we’re going to see battery test labs using AI a lot more in 2025. They’re producing terabytes of data per week on chemical composition and design, validation and ageing testing, manufacturing processes and field monitoring. Machine learning is the only approach capable of analysing these huge data sets within the required timeframes.

AI is the next wave of digital technology that enables and enhances the engineering process, in the same way that CAD-based design and simulation revolutionised design engineering, becoming mainstream in the 1980s and 1990s powered by the rise of the desktop computer. Similarly, AI and machine learning are in the early stages of engineering adoption, showing promise to accelerate product development on a broad scale.

 

 

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