Leading Enterprise Artificial Intelligence® provider Noodle.ai
and the digital resources of SMS
group, a trailblazer in digitalization for plant and equipment used
in steel and nonferrous-metals production and processing, today
announced a partnership to further optimize the world’s first learning
steel mill for Arkansas-based Big
River Steel.
To help Big River Steel conserve resources and control energy output,
SMS group and Noodle.ai came together to couple the deep experience SMS
group has in the metal industry and process knowledge with Noodle.ai’s
AI expertise. The joint solution was created by implementing Noodle.ai’s
learning algorithms into SMS group’s X-Pact® MES 4.0.
Noodle.ai was able to leverage the existing integration of SMS group’s
X-Pact MES 4.0 in the steel mill‘s IT environment and in their SaaS
(Software as a Service) applications. The new end solutions digitize
applications throughout every stage of the steel-making process –
starting at the liquid phase all the way to strip finishing.
Noodle.ai’s software and Enterprise AI Data Platform analyzes historical
and current high-frequency data from the mill’s 50,000 sensors, attached
to SMS group’s state-of-the-art equipment. Noodle.ai is able to use the
mill’s data, plus these sensors and external data to sense, predict, and
recommend corrections that ultimately maximize production yields,
enhance product quality, mitigate safety risks, and minimize costs.
For example, these insights can help minimize transition losses
regarding steel grade, strip width or strip thickness, and predict how
much energy is being consumed by the mill each hour. This allows the
steel mill to trade back energy to the market or change production
schedules to make consumption more predictable.
“By working with SMS digital, we are empowering an industry to turn
business challenges into competitive advantages through the use of
Enterprise AI®,” said Noodle.ai CEO Steve Pratt. “Our mission
is to create a world without waste. Given the intensive energy and
material needs of the metal industry, efficiency improvements will not
only improve business operations and the bottom line, but positively
impact the entire ecosystem that surrounds manufacturers.”
“In order for SMS group to implement digital solutions and therefore
increase value for customers like Big River Steel, we knew that strong
partners with excellent AI and machine learning capabilities were
essential,” said Bernhard Steenken, CEO at SMS digital GmbH.
“Noodle.ai’s solutions gave our existing tools within Big River Steel’s
mill the power to help them achieve maximum plant performance with
minimal maintenance effort, along with high product quality and
revenues.”
As early as 2017, Big River Steel has been a LEED (Leadership in Energy
and Environmental Design) credential holder.
About Noodle.ai
Noodle.ai applies advanced data science to
industries at the core of the global economy to create a world without
waste. With advanced AI applications business leaders who make, move,
and sell things are empowered to make better decisions, reduce wasted
energy, money, and resources, and ensure their businesses are built to
last. Founded in 2016, Noodle.ai is led by executives previously with
the top firms in data science, artificial intelligence, machine
learning, and management consulting. Noodle.ai focuses on radical
efficiency for supply chain, transportation & distribution, and
manufacturing using leading-edge artificial intelligence.
About SMS digital comprising SMS group Inc. Digital Solutions and SMS
digital GmbH
SMS digital GmbH, the digital subsidiary of SMS
group GmbH, and SMS group Inc. Digital Solutions collectively are a
market leading supplier of digital solutions for plant and equipment in
the steel and NF-metals industry. SMS group GmbH generates worldwide
sales totaling EUR 3.3 billion with more than 14,000 employees.
In close collaboration with its customers, SMS digital identifies and
develops innovative products for the metals industry building on most
advanced development techniques, in-depth metallurgical process knowhow
and technological expert knowledge. SMS digital helps its customers
enter the world of Industry 4.0 by enhancing their plants and machines
by means of digital applications and the use of AI.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190618005166/en/