CIO OPINION costs and more sustainable operations for both companies . AI enhances energy management , making it more proactive and effective . improves process reliability . AI ' s real-time capabilities act as a force multiplier by ensuring continuous , automated process control .
Profitable Sustainability Enhanced Decision-Making
Using AI , profit and sustainability are no longer mutually exclusive and quality doesn ’ t need to be compromised . Steel manufacturer Gerdau , has used AI to significantly reduce alloy costs by $ 3 per ton . This decreased their annual volume of alloys , resulting in a Scope 2 and 3 reduction . AI ' s role as a force multiplier is evident in its ability to reduce waste , maximize energy consumption , and advance sustainability initiatives .
Data Integration and Analysis
JFE Steel and Shell Chemicals use AI to integrate data from multiple systems , providing a unified view of operations and enabling advanced analytics . This has enhanced decision-making and operational efficiency . AI ’ s integration capabilities multiply the value derived from disparate data sources , enabling more informed decision-making .
US Steel and Chevron Phillips Chemical leverage AI for data-driven insights and decision support . AI enables faster and more accurate decision-making , improving strategic planning and operational outcomes . AI ’ s advanced analytics serve as a force multiplier by providing deep , actionable insights that drive more informed decisions .
Labor Efficiency
SSAB and Bayer use AI to optimize labor schedules and task assignments , ensuring the right personnel are deployed for specific tasks . This has improved labor productivity by 15 % in both companies . AI acts as a force multiplier by optimizing human resources , enhancing productivity , and ensuring better utilization of skills and cross-functional communication in a busy plant .
Real-Time Monitoring and Control
Voestalpine and ExxonMobil Chemicals use AI to process real-time data from IoT devices , providing instant feedback and automated control of equipment settings . This maintains optimal performance and
These examples demonstrate AI ' s profound impact , making it an invaluable tool for data scientists and industrial operations . By leveraging AI , manufacturers can achieve unprecedented levels of productivity and sustainability , positioning themselves for a competitive edge in the global market . p
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