Scrap ration decreased thanks to AI prediction if the produced unit is scrap before it is fully finished. Cost reduction, time efficiency and opportunity to investigate which settings and test results lead to scraps in production.
Electricity suppliers work hard to deliver the right amount of power to the grid at the right time to cover consumption of their customers. Every deficit or excess of energy causes additional expenses so accurate consumption forecasts are crucial.
Aluminium production is a complex process requiring huge amounts of electricity, so the process has to be strictly controlled and optimized to avoid any unnecessary expenses for energy and chemicals. Fortunately, machine learning can assist here.
AI is one of the key driving technologies in digital transformation. Machine learning pilot project for churn modelling on consumer loans data was an important step that shaped the way how machine learning is implemented in Erste Group.
Drop us a line and we will help you find out
how could your company benefit from using AI.