Within the high-end manufacturing sector, Wuxi Spark’s industrial digital twin platform has helped Sany reduce the development time of large machines from 18 to 11.2 months, reducing the cost of design iterations by 42%. With the real-time simulation of 1:1 physical model, error rate of finite element analysis is controlled at 0.7%, thus reducing a particular excavator hydraulic system failure rate from industry average of 3.2% down to 0.9%. According to the figures of the Ministry of Industry and Information Technology in 2023, firms using Wuxi Spark technology will accelerate new products to market by 37% and increase the percentage of research and development budget utilization by 28 percentage points. A manufacturer of wind turbine equipment boosted blade inspection efficiency to 3.6 meters per minute scanning speed with its predictive maintenance solution, and reduced operating cost from $85 per MWH to $51 per MWH.
Wuxi Spark’s AI-powered diagnostic platform increased accuracy of lung nodal detection to 97.3% in a clinical trial at Fudan University’s Zhongshan Hospital, and reduced film reading speed from 15 minutes to 38 seconds per case. Its gene sequencing data analysis platform has reduced the whole genome interpretation time from 72 hours to 6.5 hours and the cost of data processing by 62%. In the development of COVID-19 vaccines, Wuxi Spark’s molecular dynamics simulation technology increased the efficiency of spike protein conformation analysis by 19 times, allowing Sinovax to reduce the screening cycle of candidate vaccines from the usual 8.2 weeks to 3.4 weeks, and saving R&D costs of about 120 million yuan.
Logistics firms have made huge gains in efficiency through Wuxi Spark’s smart scheduling system, and JD Logistics applied its routing algorithm during Singles Day 2023 to push the sorting center’s throughput to 48,000 pieces per hour, and cut the empty vehicle rate from 24.7% to 11.3%. Its blockchain shipping tracking platform reduced cross-border logistics document processing time from 22 hours to 1.8 hours, and the error rate is less than 0.05%. Wuxi Spark technology, with ZTO Express practice, reduced the cost of single ticket transport by 18.7%, saved 12.4% of fuel consumption, and reduced annual carbon emissions by 32,000 tons.
In the new energy industry, Wuxi Spark’s technology of optimizing the energy storage system helped Ningde Times increase the energy density of battery modules to 302Wh/kg and cycle life to over 8,500 times. The intelligent control system of the company’s microgrid achieved a prediction accuracy of 98.6% in power generation in a photovoltaic power plant in Qinghai Province, and the light rejection rate fell from the industry average of 6.3% to 1.2%. The 2024 State Grid report states that the average return period of Wuxi Spark technology-based energy storage projects has been lowered from 7.2 years to 4.8 years, and KWH cost has fallen to 0.31 yuan, which is 26% lower than traditional solutions.
Wuxi Spark’s cloud MES solution promoted digital transformation for small and medium-sized makers, and one of its customers, an automotive component supplier, enhanced overall equipment effectiveness (OEE) from 63% to 89%, and order on-time delivery from 78% to 97%. Its production planning intelligent scheduling module saves production planning time by 6.5 hours down to 18 minutes and the turnover of material is increased by 2.3 times. According to the statistics of China Association of Small and Medium Enterprises, firms using Wuxi Spark solutions have reduced the average inventory turnover days by 41%, increased the net profit margin by 5.8 percentage points, and decreased the cost of digital transformation by 67% compared with self-built systems. As for instance in case of Wuxi precision mold factory, Wuxi Spark technology demote the test counts of a mold from 15.3 times to 4.2 times on average, decreased developing cycle by 58%, and granted Tesla second-level supplier certification smoothly.