{"id":6056,"date":"2024-10-29T12:40:55","date_gmt":"2024-10-29T11:40:55","guid":{"rendered":"https:\/\/business-code.taenzer.work\/?p=6056"},"modified":"2024-10-29T12:40:58","modified_gmt":"2024-10-29T11:40:58","slug":"ai-will-significantly-enhance-value-creation-in-mechanical-engineering","status":"publish","type":"post","link":"https:\/\/business-code.taenzer.work\/en\/ai-will-significantly-enhance-value-creation-in-mechanical-engineering\/","title":{"rendered":"AI Will Significantly Enhance Value Creation in Mechanical Engineering"},"content":{"rendered":"\n<p class=\"has-text-align-left\"><strong>Bonn-based IT service provider BusinessCode is a leading expert in digitalizing business processes and creating added value from organizational data. For its software developers, working with AI is part of their daily routine. Martin Schulze, CEO of BusinessCode, will speak about AI\u2019s impact on industry at the Deutsches Museum in Bonn on November 19, 2024.<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left\">Bonn, October 29, 2024 \u2013 \u201cWho will develop software in the future: humans or AI? And what will this mean for the industry?\u201d These questions and more will be addressed by Martin Schulze on November 19, 2024, as he joins a panel at the Deutsches Museum Bonn. The discussion, hosted by the <a href=\"https:\/\/kunststoff-initiative.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Kunststoff Initiative Bonn \/ Rhein-Sieg<\/a> and the <a href=\"https:\/\/kunststoff-initiative.com\/initative-industrie-bonn-rhein-sieg\/\" target=\"_blank\" rel=\"noreferrer noopener\">Initiative Industrie<\/a>, will center on the topic \u201cThe Future of Industry with Circular Economy and AI.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cNo other field is experiencing such rapid change through AI as software development itself,\u201d says Martin Schulze, CEO of <a href=\"https:\/\/business-code.taenzer.work\/en\/businesscode-and-sitetrax-forge-partnership\/\" target=\"_blank\" rel=\"noreferrer noopener\">BusinessCode GmbH<\/a>. Like many other providers, the Bonn-based service uses AI to support its daily operations, with AI-driven programming already saving between 10 and 50 percent of time depending on the context. This is only the beginning of a rapid evolution in AI applications within software development and across numerous other industries. This growth will have tangible impacts on industrial sectors, especially in mechanical engineering, affecting both value creation and underlying business models.<\/p>\n\n\n\n<p class=\"has-text-align-left\">With his extensive career in IT, Schulze understands the software development process inside and out. \u201cThe pace here is faster than in any other area, with product cycles significantly shorter. The <a href=\"https:\/\/business-code.taenzer.work\/en\/ai-is-moving-into-the-deutsches-museum-bonn-and-we-are-part-of-it\/\" target=\"_blank\" rel=\"noreferrer noopener\">use of AI <\/a>is accelerating this exponentially,\u201d Schulze explains.<\/p>\n\n\n\n<p class=\"has-text-align-left\">AI will also influence international labor distribution in software development. In recent decades, more IT services have been outsourced to countries like India, Indonesia, and Brazil, due to cost factors and a shortage of IT specialists in Europe and the United States. AI has the potential to transform these value chains and lead to a newly structured division of labor. Schulze will discuss what this could mean for the industry, mechanical engineering, and cost structures on the panel, where he will also touch on key aspects of security and compliance.<\/p>\n\n\n\n<p class=\"has-text-align-left\">Will this development lead to a future without software developers in Germany? Or will it result in a new division of tasks where developers are relieved of day-to-day duties and can focus exclusively on complex, product-oriented challenges? Schulze will present possible scenarios and share his insights on these trends.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Event: \u201eZukunft von Industrie mit Circular Economy und KI\u201c<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>November, 19, 2024, 18:00, Deutsches Museum Bonn<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left\"><a href=\"https:\/\/kunststoff-initiative.com\/events\/ki-in-der-industrie\/\" target=\"_blank\" rel=\"noreferrer noopener\">Register here!<\/a><\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Caption:<\/strong> Martin Schulze, CEO BusinessCode GmbH<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Event: \u201eZukunft von Industrie mit Circular Economy und KI\u201c on November, 19, 2024, 18:00 at Deutsches Museum Bonn.<\/p>\n","protected":false},"author":3,"featured_media":5868,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[279,280],"tags":[153,231,217,132,269,194,940,1244,1698,1696,627,1697,276,542],"class_list":["post-6056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-press-news-en","tag-ai","tag-artificial-intelligence","tag-bonn","tag-businesscode-2","tag-deutsches-museum-bonn-2","tag-digitalisation","tag-event","tag-industry","tag-initiative-en","tag-initiative-industrie","tag-it-en","tag-kunststoff-initiative-en","tag-martin-schulze-2","tag-software-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - 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