Organization: BMW / IDEALworks
Country: Germany
Website: https://idealworks.com
Year Founded: 2020
Number of Employees: 34
The IDEALworks founding and STR commercialization demonstrates business leadership at multiple levels.
Description:
In 2020 the BMW Group launched a new, wholly-owned, Munich based subsidiary named IDEALworks, with the “IDEAL” standing for Industry-Driven Engineering for Autonomous Logistics. IDEALworks was formed from BMWs Logistics innovation team, which during the previous five years had developed the Smart Transport Robot STR (in conjunction with the Fraunhofer Institute and other technology partners such as NVIDIA), an intelligent autonomous mobile robot (AMR) optimized for intralogistics work in BMW’s automotive factories. The STRs – now renamed iw.hub - had been in use at several BMW production sites prior to the founding of IDEALworks, but in 2020, the iw.hub was made commercially available to companies outside of BMW.
In 2020 the BMW Group launched a new, wholly-owned, Munich based subsidiary named IDEALworks, with the “IDEAL” standing for Industry-Driven Engineering for Autonomous Logistics. IDEALworks was formed from BMWs Logistics innovation team, which during the previous five years had developed the Smart Transport Robot STR (in conjunction with the Fraunhofer Institute and other technology partners such as NVIDIA), an intelligent autonomous mobile robot (AMR) optimized for intralogistics work in BMW’s automotive factories. The STRs – now renamed iw.hub - had been in use at several BMW production sites prior to the founding of IDEALworks, but in 2020, the iw.hub was made commercially available to companies outside of BMW.
