Go digital, go smart

In line with its two principles "Go for Solutions" and "Go Digital", PALFINGER wants to create an own business model for digital platforms in the future. "Developing together common technologies and sharing critical computer visioning and AI capabilities within an advanced development environment will allow PALFINGER and all partners of the AOC to increase speed to market and leverage synergies in the development of smart lifting solutions. Following our PALFINGER strategy we are providing digital assistance and autonomous operating functions which maximize operational effectiveness, increase operational safety, and generate additional value by seamlessly integrating our smart lifting solutions into the digital ecosystems of our customers", says Andreas Hille, Senior Vice President Product Line Management and Engineering at PALFINGER.

Synergy effects through knowledge sharing

The main initiator of the AOC is the technology company TTControl, a leading provider in the field of safety control systems, rugged displays, and connectivity as well as IoT solutions for mobile machinery and off-highway vehicles. Roberto Ferrari, Senior Vice President Service & Operations at TTControl emphasizes: "TTControl will support this groundbreaking endeavor with its advanced knowledge of electronic architectures and expertise in computer vision and artificial intelligence. With PALFINGER we share the same interests in terms of increasing reliability, comfort and safety of our solutions and already work closely in other business areas. Together we can create the next generation of automation and autonomy capabilities in the mobile machinery and off-highway industries."

In 2022, the partners of the AOC will define a technological solution and develop the first prototypes. Based on the specific use cases, further application implementations will then be continued in 2023.

To the press release

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Palfinger AG published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 11:40:42 UTC.