Steel Industry Digital Transformation: Maximizing Efficiency, Reliability and ROI

In the steel industry, cost optimization and ROI are crucial. This presentation outlines five key strategies for steel companies: <br/>• Prioritizing energy efficiency by using real-time data to fine-tune processes, reducing energy and raw material consumption while aligning with environmental regulations.<br/>• Enhancing asset reliability through real-time monitoring.<br/>• Improving situational awareness by breaking down data silos.<br/>• Implementing conditions-based maintenance to optimize tonnage output and reduce costs.<br/>• Harnessing predictive analytics with machine learning and artificial intelligence for proactive equipment maintenance and optimization.<br/><br/>Case studies demonstrate successful adoption of these strategies, delivering economic benefits, sustainability and improved worker safety.

Glenn Kerkhoff | AVEVA