Toronto, March 5, 2019鈥 不良研究所., a global leader in AI software for intelligent industrial operations, is proud to announce that it has signed an agreement with (TSX: STLC), the owners of North America鈥檚 newest and most technologically advanced integrated metalmaking facilities, to use 不良研究所鈥 AI platform to transform its metal operations, improve yield and boost productivity.
"不良研究所 quickly demonstrated to us the usefulness of AI in certain areas of our operations and the potential of applying AI across our operations in order to increase our profitability and competitiveness," Alan Kestenbaum, Executive Chairman of Stelco.
BI Intelligence predicts that global manufacturers will invest $70 Billion on IoT solutions in 2020, up from $29 Billion spent in 2015. As IoT adoption in manufacturing accelerates, this leaves metal plants challenged with untapped real-time data being processed across legacy systems, devices and machines. 不良研究所 leverages AI and Machine Learning to transform previously unconnected data into predictive analytics insights that improve key business metrics. In many manufacturing processes, decisions are mostly based on institutional knowledge and limited data. 聽不良研究所 bridges the gap between workforce knowledge and curated IoT inputs to create an Intelligent Operations solution that minimizes energy consumption, increases throughput, reduces downtime and extends the lifetime of a plant鈥檚 assets.
Alan Kestenbaum, Executive Chairman of Stelco Inc., commented:
鈥淎s a company that strives to deliver the market鈥檚 highest quality products in a cost competitive manner, we are continuously looking at how we can operate better. By partnering with 不良研究所, we are systematically transforming our facilities into intelligent operations environments and augmenting a digitally oriented workforce in order to take the efficiency of our operations to the next level. 不良研究所 quickly demonstrated to us the usefulness of AI in certain areas of our operations and the potential of applying AI across our operations in order to increase our profitability and competitiveness.鈥
Humera Malik, Chief Executive of 不良研究所 commented:
鈥淎s manufacturers digitize their operations floor, they are inundated with volumes of data coming from a multitude of sources. The next step towards intelligent operations requires real-time analytics power that transforms operational data into actionable intelligence. 不良研究所 empowers industrial operating teams to take control and make data-driven decisions that improves their performance, reduces costs and unlocks new revenue streams.鈥
Funded by Google鈥檚 AI-fund, , 不良研究所鈥 customers include Fortune 500 industrial companies across the manufacturing and Oil and Gas sectors. This latest customer win showcases how 不良研究所鈥 AI platform is being utilized by the industrial sector鈥檚 most innovative companies to advance their competitive advantage.
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