Pioneering companies sign cooperation agreement at Wilopark
Dortmund. By signing a partnership agreement, water technology group Wilo and AI technology company InstaDeep have sealed the deal to kick off a long-term cooperation. The two pioneering companies are now working on systematically integrating water technology and AI across several defined applications. The long-term goal of the multistage development partnership is to build a scalable AI platform.
The newly established cooperation exemplifies the Wilo Group’s strategic course: “We see artificial intelligence as a catalyst for our sustainable business activities”, explains Oliver Hermes, President & Global CEO of the Wilo Group. “We are improving quality of life for people around the world by systematically merging water technology and AI. This conviction unites Wilo and our new, renowned partner InstaDeep. We are very much looking forward to a successful collaboration.”
“By combining Wilo’s water expertise with InstaDeep’s AI know-how, we are paving the way for forward-looking, smart water infrastructure, bringing together innovation, safety and sustainability”, says Karim Beguir, CEO and co-founder of InstaDeep, at the signing ceremony at Wilopark. “What sets us apart is that we cover AI’s entire vertical spectrum. This holistic approach connects us with Wilo – an excellent starting point for the new partnership.”
Having signed the cooperation agreement at the Wilo Group’s headquarters, the development teams at Wilo and InstaDeep are now getting down to work. “Our colleagues are now working on a promising pilot project”, explains Peter Glauner, Regional CEO of Wilo Europe. The results of this first joint initiative alone would significantly improve the possibilities for smart water management in critical infrastructures.
For Wilo, the conclusion of the new partnership follows hot on the heels of the foundation of the Wilo Global WATER AI Academy. With this initiative, the water technology group is connecting science and industry worldwide and promoting applied science and innovation, as well as cooperation in the fields of water and AI across industry and national borders. Together with the internationally recognised Heriot-Watt University, the Wilo Global WATER AI Academy is currently designing an educational programme that is recognised within the international higher education system.
Press contact:
InstaDeep:
communications@instadeep.com
Wilo:
Silas Schefers
Wilo Group
Tel: +49 231 4102 7160
Mobile: +49 173 895 91 87
silas.schefers@wilo.com
About Wilo
Wilo is a pioneer in sustainable and intelligent premium water solutions for global challenges – creating impact for everyone. Our actions are guided by the overarching Wilo sustainability strategy and its core impact areas: Creating, Caring, Connecting. More than 9,000 employees worldwide work every day on innovations with a clear goal: to improve people’s quality of life. In building services, water management and industry, we move, treat and control the most important resource on our planet. For over 150 years, we have been thinking ahead – and today, as an innovation leader in our industry, we are shaping the digital and AI era. This is what we call: Pioneering for You.
For more information, go to www.wilo.com.
About InstaDeep
Founded in 2014, InstaDeep is a pioneering AI company at the forefront of innovation. With strategically located offices in major cities around the world, including London, Paris, Berlin, Tunis, Kigali, Cape Town, New York and San Francisco, InstaDeep collaborates with industry giants like Google DeepMind and renowned educational institutions such as MIT, Stanford, Oxford, UCL and Imperial College London. InstaDeep’s recent acquisition by BioNTech has further cemented the company’s commitment to playing a leading role in the industry.
For more information, visit www.instadeep.com.