October 2, 2023
(press release)
–
According to the publication, those savings have come from careful deployment of the technology on projects that focused on yield, energy, throughput, quality and productivity. And today, the company is seeing significant returns on the investment. Tata Steel Reaps Big Gains With Big Data
10/2/2023 - Through the use of big data and artificial intelligence, Tata Steel estimates that it has driven US$1.4 billion in EBITDA savings and is looking for more, reports The Hindu BusinessLine newspaper.
“Every dollar I spend, I get $10 back,” said Tata Steel chief innovation officer Jayanta Banerjee.
You can read more here.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.