November 29, 2020

Hankook’s Virtual Compound Design system recognised by Journey to Automation Awards

Hankook has received “Highly Commended” under the Tyre Manufacture – Producer category at the Journey to Automation Awards (J2A Awards). Organised by European Rubber Journal (ERJ), the J2A Awards recognise tyre brands’ efforts in automation and digital transformation. During its inaugural ceremony, Hankook was recognised for its Virtual Compound Design (VCD) system that predicts the characteristics of tyre compounds and finds an optimal combination through artificial intelligence (AI) analysis.

Established in 2015, the VCD system has been developed as a project to lay the foundation for Artificial Intelligence-driven tyre development. Hankook collected various data from its previous research on AI tyres and performed a series of analysis to see if it could be used as a “big data” and if AI could be applied.

Hankook subsequently collaborated with the Korea Advanced Institute of Science & Technology (KAIST) to advance the AI model the company had created. The company says this partnership led to an improvement in accuracy by applying new AI technology such as auto machine learning (Auto-ML). This was followed by an integration of Amazon Web Services into all processes, enabling Hankook to store, process, and analyse huge amounts of data such as that gathered from the VCD system. Hankook plans to gradually integrate the AI system into its compound development process starting next year and complete the virtual compound design technology by 2023.