German steel giant thyssenkrupp took an important step in its digital revolution. The company's associated thyssenkrupp Schulte has implemented its innovative smart.processing software into the new plant of Max Cochius, one of Germany's leading metal distributors.
The company stated that the smart.processing artificial intelligence platform enables customers to get prices within seconds and complete purchases online. Through the smart.processing technology, the company aims to achieve significant cost savings by optimizing the use of materials. This move is considered as part of thyssenkrupp's strategy to increase productivity with digital solutions.
Thyssenkrupp's artificial intelligence platform smart.processing aims to expand beyond the steel industry and to improve efficiency, customer satisfaction and sustainability. Analysts said that they consider this new technology significant for the digital future of the industry and foresee that it will affect competitive dynamics.
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