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Dassault Systèmes Developed a New Data Science Solution to Allow Renault Group to Optimize Vehicle Costs

Dassault Systèmes Developed a New Data Science Solution to Allow Renault Group to Optimize Vehicle Costs

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Dassault Systèmes Developed a New Data Science Solution to Allow Renault Group to Optimize Vehicle Costs

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February 2, 2023
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Dassault Systèmes Developed a New Data Science Solution to Allow Renault Group to Optimize Vehicle Costs
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February 2, 2023, Vélizy-Villacoublay, France Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) in the present day introduced renault group leverages the information science capabilities of Dassault Systèmes’ 3DEXPERIENCE platform to perceive rising uncooked materials costs and mannequin essentially the most related optimization situations to mitigate the impression on automobile manufacturing prices.

Deployment of value intelligence options expands Use of the 3DEXPERIENCE platform on the cloud by Renault Group From design and engineering to strategic enterprise capabilities in costing and buying, we allow these new customers to contribute to the technological and digital transformation of automakers. Access to data-driven, actionable insights projected onto a automobile’s digital twin offers an modern approach to steadiness automobile design and enterprise.

Competitive automakers should steadiness sustainability with regulatory necessities and inflation. Ensuring a return on funding when aligning the value of a automobile with the price of its components due to extremely risky uncooked materials costs due to armed conflicts, well being crises, local weather change, shopper demand and different world components turns into tough.

In this tough financial local weather, the 3DEXPERIENCE platform offers the Groupe Renault with a distinctive mixture of synthetic intelligence, machine studying, collaborative enterprise processes and a single enhanced 3D knowledge mannequin of the automobile, enabling market volatility to translate into enterprise. Better handle your impression. Renault Group merely aggregates tools designs, configurations, historic knowledge and forecasts, and assessments totally different design situations in digital twins to perceive, predict, quantify and optimize automobile costs and prices. Instead, sharing these insights with different stakeholders can enhance tools buy negotiations. .

Lawrence Montanari, Vice President, Transportation and Mobility Industry, Dassault Systèmes, stated: “Our cost intelligence solution using NETVIBES artificial intelligence enabled Renault to connect data across the enterprise in less than six months. We are now extending the virtual twin from the vehicle to the supply chain. In times of uncertainty, our solutions enable companies to simulate and forecast the impact of supply chain shortages and rising raw material prices.This project is designed to help us navigate inflation, volatility, regulatory requirements, and more. We will extend the use of our platform to new business audiences for the Groupe Renault to tackle the new challenges of the decade.”

The Renault GroupGlobal modular architectureAn business answer expertise primarily based on the 3DEXPERIENCE platform that integrates value intelligence options. Cost Intelligence options are additionally out there to firms in different industries served by Dassault Systèmes.

Tags: 3DEXPERIENCE CLOUDcostsDassaultDataDevelopedgroupOptimizeRenaultscienceSolutionSystèmesVehicle
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