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OLI CONTINUES SIDE BY SIDE WITH SCIENTIFIC RESEARCH
It was under the Augmanity Project - Augmented Humanity, a scientific and technological research project, developed by the University of Aveiro (UA) in partnership with a consortium of companies such as Bosch and IKEA where OLI is also inserted, that the paper entitled "Predictive Maintenance on Injection Molds by Generalized Fault Trees and Anomaly Detection" won an international award.
Between 200 papers from experts from more than 50 countries and renowned international institutions, the paper produced by Pedro Nunes (UA), Eugénio Rocha (UA), José Santos (UA) and Ricardo Antunes (OLI), was awarded with the Best Paper prize at the International Conference on Industry 4.0 and Intelligent Manufacturing (ISM2022), held at the Upper Austria University of Applied Sciences - Hagenberg Campus - Linz, Austria.
This scientific paper was the first work on data collected from OLI injection molding machines in real time together with an anomaly detection technique to perform predictive maintenance of injection molds in some OLI machines, allow a minimization of operating costs, being possible to obtain savings of over 25% compared to preventive maintenance (on optimized constant products), and over 60% compared to corrective maintenance.
This award is the corollary of OLI's strong investment in R&D, the know-how of its human resources and also the importance of the role of partnerships with educational and research institutions, particularly the University of Aveiro, which is assumed as a strategic partner of OLI and has won the most prestigious and varied awards in the area of scientific and technological research.
Looking forward to continuing, OLI will continue to contribute to the Augmanity - Augmented Humanity project and to bet on this continuous and demanding work by collecting data for other studies and working them in order to take internal improvement actions, trying especially to minimize machine downtimes that sometimes represent high costs for the organization.
The Augmanity project's main objective is to strengthen research, technological development, and innovation that can make industrial workplaces more attractive; optimize work task definition to minimize or eliminate health problems by improving ergonomics; develop technology for the new digitalization paradigm; use intelligent tools to measure and promote employee performance, motivation, and appreciation; and leverage the integration of cyber-physical systems and ultra-connectivity in the industrial value chain.