News

World Economic Forum welcomes Tata-Steel to its community of “Lighthouses”

ISPT Partner Tata-Steel in IJmuiden has been elected to become part of it’s so called “lighthouse community”. These are manufacturing factories that are leaders in the technologies in Industry 4.0. The title of Lighthouse is meant for companies that can serve as a beacon to other enterprises and inspire them to also make their factories smarter by using digital technologies.

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Tata Steel uses Advanced Analytics to improve their industrial processes, they use sensor data and atomized models to analyses and improve the factories performance. In order to meet the demand in new workers Tata Steel created an Advanced Analytics Academy to help workers come up with solutions to reduce waste, and improve the quality and reliability of production processes. This work has resulted in a significant improvement in financial results.