Automating functional safety engineering
AI-based software tool that automates nearly 90% of functional safety analysis
Modelwise has developed an AI-based software tool that automates nearly 90% of functional safety analysis, reducing the required engineering effort by over 10x (from several weeks to a few days).
Sector
Smart Engineering
Founded
2020
First Invested
2023
Headquarters/Location
Munich
Website
https://modelwise.ai/Follow
We all want to feel safe in our daily lives, whether it’s while boarding a plane, driving a car or simply using an electric toothbrush. Functional engineering focuses on all critical tasks related to safety. As an important part of the product development process, it ensures that products and systems can function without causing harm to people or the environment. It is particularly important in industries where a failure could have serious consequences, such as transportation (e.g. cars or airplanes), medicine, or energy production.
Unfortunately, the current methods used by functional safety engineers are largely manual and extremely time-consuming. This represents a bottleneck for the development of new products – especially in a broader context where the complexity of electronic systems is increasing and functional safety engineers are lacking. Modelwise provides a solution for this: an AI-based software to automate functional safety analysis, allowing companies to accelerate their development of new products while maintaining high safety standards.