Periodic Reporting for period 1 - InSoMa (Feasibility study for lancing an innovative software tool based on mathematical methods in the B2B market)
Berichtszeitraum: 2019-07-01 bis 2019-12-31
Our SME instrument phase 1 project focused on determining the feasibility of establishing an innovative engineering tool based on state-of-the-art mathematical methods in the business to business market. The software product envisioned addresses a problem common to many companies in high-tech industries worldwide: Large amounts of simulation and experiment data are produced during the design process - constantly increasing due to the wide availability of high-performance computing capacities. A lot of this data perishes into the abyss of data graveyards. Our software uses machine learning, reduced order modelling and interpolation methods to enable engineers to exploit the entirety of the available data sets and data sources. With those methods, novel optimization strategies, such as Surrogate Based Optimization, can be used to significantly speed-up the design process and validation strategies can be improved by applying data fusion for numerical and experimental data to enhance the validity of the result.
The software will enable customers to reduce time to market, reduce development costs and increase the quality of their products by contributing to the tools necessary for the digitalization of the design process.
Within this project we addressed three aspects relevant to the further development of our software, namely technical, economic and legal aspects.