- STANLEY X — the Innovation hub of Stanley Black & Decker (NYSE: SWK) — announced that it has partnered with DeepHow
STANLEY X — the Innovation hub of Stanley Black & Decker (NYSE: SWK) — announced that it has partnered with DeepHow. DeepHow is the first AI solution to train and transfer knowledge among skilled workers.
Stanley Black & Decker will utilize DeepHow’s innovative AI platform in its up-skilling programs. The DeepHow “Stephanie” platform will be used to improve knowledge capture, increase training efficiency, and help grow the culture of safety at the company. And Stanley Black & Decker will also help bring DeepHow’s artificial intelligence platform to its existing customer base and scale its adoption, focusing on manufacturers, contractors, trade schools, and unions.
Launched in 2018, DeepHow bridges the skills gap challenge in manufacturing, service, and construction industries through an AI-powered knowledge capturing and learning platform. And while experts perform their individual tasks and processes, DeepHow captures their workflow via a mobile app.
With the latest AI technologies, this captured data is extracted and synthesized, turning complex workflows into step-by-step how-to videos.
Not only does the artificial intelligence platform seamlessly capture and organize expert knowledge, but it also delivers just-in-time information to workers in multiple languages, making knowledge digitalization highly efficient and scalable across the enterprise.
Key Quotes:
“Our team is very excited to bring on Stanley Black & Decker as our go-to-market partner. We think about manufacturing and construction as prime opportunities for our AI-powered knowledge capturing and learning platform, given the aging workforce and skilled labor shortage. Because of Stanley Black & Decker’s strong positions across the tools and storage, security and industrial markets, this partnership will greatly accelerate innovative uses for DeepHow to help their customers find solutions to business challenges.”
— Dr. Sam Zheng, CEO of DeepHow
“Learning from videos has become the most preferred way of learning. But traditional video production is labor-intensive, time-consuming, and not scalable for enterprises. Our DeepHow AI platform introduces a paradigm shift for technical training. It enables companies that rely on skilled labor the ability to rapidly create a usable, accessible knowledge library to learn effectively, improve safety, and increase productivity. Stanley Black & Decker’s extensive reach and reputation within the industry will help us deliver on our mission.”
— Patrik Matos, Chief Product Officer of DeepHow
“By engaging with DeepHow at this early stage, Stanley Black & Decker is looking to apply the power of the technology to the biggest needs of the industry and develop a suite of solutions to benefit our current and future customers. Our partnership with DeepHow gives us another way to help our customers gain competitive advantage by using technology to solve some of their biggest challenges.”
— Michael Keogh, President of STANLEY X
“There is a tremendous opportunity to help our customers minimize the disruption caused by employee turnover. DeepHow is the only AI knowledge transfer system for the skilled trades, and we view it as an integral part of the ecosystem we are beginning to build.”
— Kevin Lemke, VP of Strategy for Stanley Black & Decker’s Innovation Group
