Durable aims to make custom software more accessible by using AI systems that can reason and engage in dialogue in the same way as humans. The company says it is working to bring together the capabilities of deep learning and symbolic AI with the ultimate goal of developing a style of artificial intelligence designed to improve long-term software reliability.
Durable is listed on the Swiss Exchange under the ticker symbol DUR. Durable is a global leader in the design, manufacture and distribution of high-quality, innovative and sustainable products for various industries such as aerospace, automotive, medical, industrial and consumer goods. Durable was founded in 1976 and has grown to become a subsidiary of Schneider Electric, a French multinational company that specializes in energy management and automation. Durable has over 10,000 employees who work in more than 50 countries.
Some additional information about Durable are:
- Durable’s CEO and president is Jean-Marc Baudry, who joined Schneider Electric in 2018 after leading the group’s industrial activities for 12 years.
- Durable’s portfolio includes brands such as Bosch Rexroth, Honeywell, Siemens, Vickers and more.
- Durable’s mission is to create value for its customers, shareholders, employees and society by providing them with products that are safe, reliable, efficient and environmentally friendly.