Summary: Datability enables airlines to safe money with digital twins We enable fuel savings for airplanes with digital twins of individual airplanes Sebstian Baumann, Founder and Co-CEO DATAbility Frankfurt Forwards Startup of the MonthThis interview is in a media partnership with Frankfurt Forward. DATAbility is the Frankfurt Forward Startup of the Month July 2020. Congratulations! Learn more about Frankfurt Forward and how to apply here: https://www.frankfurtforward.com/ We are looking for funding or a strategic partnership. Sebstian Baumann, Founder and Co-CEO DATAbility The FounderIn this interview Startuprad.io is talking to Sebastian Baumann (https://www.linkedin.com/in/sebastian-oliver-baumann/), Founder and Co-CEO of Rhine-Main based AI startup DATAbility (https://www.datability.ai/). He is not only an entrepreneur but also working on his Ph.D. Thesis, which he hopes to submit this year. So he will be a Ph.D. in 2020 or 2021. Fingers cross for him! Different airplanes are operated differently by different airlines and from pilots. You want to phase this in your digital twin to make more precise calculation Sebstian Baumann, Founder and Co-CEO DATAbility PatreonYou can now support us on Patreon https://www.patreon.com/bePatron?u=35246148 if you like what you see and hear consider to support us, so we can keep bringing you great content. Affiliate LinksIs your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye The StartupThe startup enables digital twins of real existing airplanes, helicopters, and the like. With their tool, they can calculate the fuel flow of the engine with the respective plane. Now the machine learning framework will train the algorithm. DATAbility develops customized software solutions and digital services for the diagnosis and prognosis of machine status and the automation of processes aiming to reduce the quality-related costs in failure control, prevention, and correction. A high level of customer satisfaction and strong customer loyalty should have top priority in mechanical and plant engineering. But machine downtimes impede these and cost a lot of money. The identification of the correct spare part or the cause of system downtime is not trivial. Venture Capital FundingDATAbility is looking for funding, a Series A for the development costs of their scalable software solution. They are also open for a strategic partner to widen their (sales) network. The Video Interview is set to go live on Thursday, July 16th 19.00 Frankfurt local time (CET), 1 pm Eastern (EST), 18.00 London local time (UTC)https://youtu.be/3uFBqxkxBk8 The Audio Interview is set to go live on Tuesday, July 21stThe Audio Podcast will be published next week. Subscribe to our podcasts here Further Readings / Additional RessourcesJet Stream: https://en.wikipedia.org/wiki/Jet_stream Digital Twins: https://en.wikipedia.org/wiki/Digital_twin Hannover Messe (the trade fair Sebastian refers to) https://www.hannovermesse.de/en/ FeedbackReach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA The InterviewerThis interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him: LinkedIn Twitter Email Folge direkt herunterladen
