Momenta Insights

Rama Nanjundaiah | Phantasma Labs | Industrial Impact Podcast | Momenta

Written by Ken Forster | October 23, 2024


 

Transforming Production Planning and Scheduling with AI: Insights from Phantasma Labs' CEO

 

In Episode 239 of Momenta's Industrial Impact Podcast, we're excited to welcome Ramakrishna (Rama) Nanjundaiah, CEO and Co-Founder of Phantasma Labs. The manufacturing industry is ripe for transformation, with billions lost annually to inefficient planning. Phantasma Labs is in charge of Reinforcement Learning AI, offering innovative solutions tailored for small and mid-sized enterprises (SMEs).

 

Meet Rama Nanjundaiah 

Rama Nanjundaiah, CEO of Phantasma Labs, brings a wealth of experience in computational mechanics and artificial intelligence to his role. His diverse career spans several high-profile projects across multiple industries:

  • MAN Diesel & Turbo: Developed AI-driven gas turbine models
  • SL Rasch: Led large-scale simulations of megastructures and crowd dynamics for the Hajj pilgrimage
  • Fraunhofer: Improved aircraft thermal comfort systems of Airbus aircraft.

 

Critical Insights: Revolutionizing Production Planning with AI 

In this episode, Rama shares insights on how Phantasma Labs leverages Reinforcement Learning AI to:

  • Deliver data-light solutions, making AI accessible for SMEs.
  • Achieve rapid results within four weeks, helping companies adopt AI faster.
  • Outperform traditional methods by up to 30%, enhancing efficiency.
  • Overcome adoption barriers, including legacy systems and cultural resistance.

"Phantasma Labs’ AI doesn't just optimize; it reimagines production planning and scheduling from the ground up," says Rama

 

Market Validation and Expansion

Phantasma Labs' innovative approach is quickly gaining market traction. The company recently secured a seven-figure investment from Momenta and RunwayFBU, underscoring strong confidence in its solution. With this new funding, Phantasma Labs is poised to expand into the US and Nordic markets, delivering its transformative AI technology to a wider range of manufacturers.

 

The Future of AI in Manufacturing 

Rama envisions AI becoming integral to:

  • Real-time production planning and adaptive decision-making.
  • Increased efficiency and sustainability across manufacturing processes.
  • AI-driven assistants and digital twins, enhancing productivity and resource optimization.

By addressing the billions lost annually due to inefficient planning, Phantasma Labs' solution has the potential to significantly improve the manufacturing industry's bottom line.

 

Join the Conversation

Listen to the full episode to dive deeper into Rama's expert insights on AI in manufacturing. As the industry continues to evolve, Phantasma Labs is at the forefront, helping companies of all sizes harness the power of AI for smarter, more efficient production planning.

 

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