Ford participated in a similar project last year, and in March, Toyota unveiled its Blockchain Lab, looking to integrate the technology throughout the organization. It focuses on three main areas: data analysis, applications of machine learning and artificial intelligence, and optimisation issues in industrial practice. Because of that, it should not come as a surprise that this is not the first instance of an automaker being involved with blockchain technology.Īs Modern Consensus rep o rted in April, German automaking behemoth BMW announced an international blockchain project that aims to track the raw material and components that the company uses. KODA AUTO is launching the Artificial Intelligence in Manufacturing Laboratory (AIM.Lab) in cooperation with the Technical University of Ostrava (VB-TUO). “We look forward to joining hands with more partners who are passionate about driving this innovation wave in India.” Automakers’ interest in blockchainĪutomakers, being huge companies, show interest in the most disparate technologies and industries. Furthermore, he made it clear that he plans to look for more partners for the firm: Lumos Labs CEO Raghu Mohan said that the project will see startups, enterprises and developers work to discover implementable blockchain solutions for 18 months. Skoda’s DigiLab became the first original equipment manufacturer for the discrete manufacturing track of the Microsoft Century Program, and plans to “identify the problem statements for the startups to work on innovative block-chain based solutions.” Startups will be selected from the Media and Entertainment, Oil and Natural Gas, Trade, Finance, Healthcare, Public Sector, Discrete Manufacturing and Telecom industries. Through the Century Program, he added, SKODA AUTO DigiLab India “will foster this ecosystem of innovation among startups and identify implementable solutions in the space of digital tools and mobility platforms.” “As the Automotive Industry continues to evolve, the onset of blockchain technology will be a defining transformation in the development and manufacturing of the next generation of cars.” The project was developed following several years of successful cooperation between KODA AUTO’s Digitalisation and Industry 4.0 department and the Faculty of Electrical Engineering and Computer Science VB-TUO as part of the KODA AUTO Talent Programme for PhD students. "Signing in Skoda Auto DigiLab India as our first OEM partner for the discrete manufacturing track is the first of our many small wins in collaborating with like-minded, innovation-driven enterprises and we look forward to joining hands with more partners," Lumos Labs CEO Raghu Mohan said.A division of the Indian subsidiary of automaker Skoda partnered with Microsoft and innovation management firm Lumos Labs to find ways to improve its business using blockchain technology.Īccording to a recent announcement, Skoda Auto Volkswagen India’s DigiLab division will launch the “Microsoft Century Program.” The firms involved will “evangelize, curate and unearth 100 best enterprise-ready block-chain solutions for industry-specific use cases.” Skoda India chief information officer Pranav Kulkarni commented: The AIM.Lab initiative is unique in the automotive industry, but it is not the first collaborative venture between KODA AUTO and VB-TUO. At the beginning of 2018, the team at KODA AUTO DigiLab Israel Ltd started work. At the end of 2017, KODA AUTO founded the joint venture together with the Israeli importer Champion Motors. According to the company, the programme intends to identify and solve real-time business challenges and blockchain use cases faced across seven industry verticals - media and entertainment, oil and natural gas, trade finance, healthcare, public sector, discrete manufacturing and telecom sector, using blockchain technologies. KODA AUTO DigiLab Israel Ltd is KODA AUTO’s scout looking for start-ups in Tel Aviv to collaborate on future shared business ideas. Through the Century Program, the DigiLab will foster this ecosystem of innovation among startups and identify implementable solutions in the space of digital tools and mobility platforms," Pranav Kulkarni, CIO, Skoda Auto Volkswagen India Pvt Ltd said. "As the automotive industry continues to evolve, the onset of blockchain technology will be a defining transformation in the development and manufacturing of the next generation of cars. Skoda Auto DigiLab India has partnered with Lumos Labs as the first original equipment manufacturer (OEM) for the discrete manufacturing track of the Microsoft Century Program, an enterprise blockchain startup programme to evangelise, curate and unearth 100 best enterprise-ready blockchain solutions for industry-specific use cases, it added.
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