A new digital simulation platform is to be built by Altair and LG Electronics, which will involve the two sharing information in key areas, including CAE, data analytics, automation, and digital twin technology. The basis for the environment will be a combination of LG’s product development tech with Altair’s simulation and AI solutions. Data analytics will be used to refine the tool. In addition, the two companies plan to build a more advanced digital transformation development environment by integrating LG’s product development technology with Altair’s simulation and AI technology. Together, the companies will cooperate on CAE/automation platform development and digital twin technology, which LG uses to develop products.
“Altair has the advanced simulation, high-performance computing and data analytics technology to support manufacturing companies as they develop products quickly and efficiently. Through this cooperation with LG, we will develop a powerful and reliable technological foundation that will enhance LG’s competitiveness,” said Sam Mahalingam, chief technology officer, Altair.
“Through our collaboration with Altair, we look forward to advancing digital transformation technology, which is a growth engine for smart product development, and create an environment that accelerates product development,” said SeungKey Lee, vice president, LG Electronics Production Engineering and Research Institute (PRI) Manufacturing Innovation Center.
By building a digital development environment using AI-based simulation technology, it’s possible to minimize the need for physical testing in the product development stage and reflect feedback gleaned from data analytics and optimization technology. These forces combine and interact to speed the development process and shorten time-to-market.
