Hankook & Company Partners with AWS, Snowflake for AI Data Platform

Hankook & Company Partners with AWS, Snowflake for AI Platform

Company seeks to establish a data-driven culture and create more business value by enhancing data accessibility.

Hankook & Company Co., Ltd., the holding company of global tire maker Hankook Tire, and its subsidiary, Hankook Tire & Technology are accelerating the development of an integrated AI data platform through collaboration with data cloud computing service companies Amazon Web Services (AWS) and Snowflake.

Hankook & Company is collaborating with AWS and Snowflake to establish an optimized data analysis infrastructure, incorporating cloud-based solutions and platform expertise. The project aims to build an integrated data analysis environment utilizing the latest artificial intelligence (AI) and machine learning (ML) technologies. The project will leverage AWS’s data lake environment and analysis infrastructure, including Sagemaker and AutoML, and have Snowflake as a data warehouse to promote cloud migration and digital transformation.

AWS provides IT services for computing, storage, databases, analysis, artificial intelligence, IoT, and security to enterprises. Snowflake, headquartered in Montana, USA, is a cloud-based SaaS software that helps efficiently store, process, and analyze large volumes of data. Snowflake is also known for being invested in by Warren Buffett, and entered the Korean market by establishing a local branch in November 2021.

Currently, Hankook & Company is carrying out a project to build an integrated data analysis platform in a cloud environment. This platform will provide an environment for collecting and integrating both internal data such as research and development, production, and quality data from Hankook Tire, as well as external data such as mobility data and Voice of Customer (VOC) data. The platform will allow for the integrated analysis of this data.

Hankook & Company plans to utilize the newly built platform as a tool to enhance tire performance and quality. In particular, it will integrate and analyze data from performance tests and customer feedback for their electric vehicle tires, the Hankook “iON” series, to improve their performance. In addition, the company will use integrated analysis of vehicle operation data and external data to develop autonomous driving technology. Hankook & Company also aims to increase the efficiency of new product development and address quality issues through analysis of manufacturing data. The company, collectively and regardless of the locations of its subsidiaries and employees, will be able to utilize an integrated platform to freely access data, identify new business opportunities, achieve strategic goals, and enhance competitiveness through data exchange and technology collaboration with external companies.

Hankook & Company’s chief digital officer (CDO) and chief information officer (CIO), Seong-jin Kim, stated, “With the development of generative AI, AI is passing through an inflection point, there is a need for a platform that can collect and freely use internal and external data to apply it to businesses,” and that “by utilizing the excellent technology and solutions of Amazon Web Services and Snowflake, we will maximize our AI capabilities and accelerate our journey to enhance product competitiveness in areas such as electric vehicle and smart tires.”

Meanwhile, Hankook & Company plans to promote digital innovation across the entire value chain by creating a platform where employees can make small innovations in a system-based work environment while also fostering data-driven analysis and optimization, applying the latest AI technologies, and automating processes.

You May Also Like

Dana Expands Line of Spicer ReadyPack Kits

Dana added new part numbers to its line of Spicer ReadyPack preassembled kits for commercial-vehicle driveshafts, coupling shafts and interaxle shafts.

Dana Expands Line of Spicer ReadyPack Kits

Dana Incorporated has added new part numbers to its line of Spicer ReadyPack preassembled kits for commercial-vehicle driveshafts, coupling shafts, and interaxle shafts. The new SKUs, combined with the original 13 SKUs, now provide driveshaft builders a kit solution for all commercial-vehicle drivelines, the company said.

“Spicer ReadyPack kits were very well received by Dana customers when first introduced, so we are pleased to announce that we have tripled our offerings, now providing full kit coverage for Dana drivelines,” said Bill Nunnery, senior director, sales and marketing, global aftermarket for Dana. “The Spicer ReadyPack line now includes service-free, SPL Lite coupling shaft, and new Spicer and SPL series options.  These time-saving kits offer convenience and streamlined ordering, as well as savings on inventory and labor costs.”

Bendix Marks One Year of Accident-Free Operations

Five hundred people work at the company’s Huntington, Indiana, campus, where 365 days have gone by without a recordable injury, according to Bendix.

Bendix Marks One Year of Accident-Free Operations
Bosch Releases 87 New Part Numbers in June

Bosch’s new part numbers cover 318 million vehicles in operation across North America.

Schaeffler Showcases Hydrogen Electrolyzers and Fuel Cells

Schaeffler also is demonstrating its progress toward the commercialization of green hydrogen, at the Hydrogen Americas 2024 Summit and Exhibition in Washington, D.C. 

Schaeffler Showcases Hydrogen Electrolyzers and Fuel Cells
Transtar Holding Company Acquires PPi Automotive

PPi Automotive is a family-owned and operated automotive parts wholesale distributor based in Pittsburgh.

Transtar acquires PPi Automotive

Other Posts

Akebono Releases ProACT and Severe Duty Kits

Nine new part numbers provide more than 4M VIO, adding late-model coverage for Chevrolet, Dodge, Ford, GMC, Lincoln and Ram, Akebono said.

Schaeffler Releases TorCon 6L80 Torque Converter

The LuK TorCon 6L80 is “the only all-new, never remanufactured torque converter available in the independent aftermarket,” Schaeffler said.

Schaeffler Announces Release of TorCon 6L80
Bendix Marks Opening of Manufacturing Facility in Mexico

The 185,000-square-foot plant will use highly automated manufacturing processes to produce two technologies: Global Scalable Brake Control and Global Scalable Air Treatment.

Bendix Marks Opening of Advanced Manufacturing Facility in Mexico
Standard Motor Products Introduces 200 New Numbers

The release provides new coverage in 60 distinct product categories and 75 part numbers for 2023 and 2024 model-year vehicles.

Standard Motor Products Introduces 200 New Numbers