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Acerinox joins AI technology development project in Spain

Acerinox has joined Spanish data economy and artificial intelligence consortium IndesIA, the stainless steel producer tells Kallanish.

Its participation shows the company’s interest in leading digitalisation in industrial processes and promoting the use of data and artificial intelligence to improve and transition to new business models, Acerinox says. It also confirms its commitment to AI technology to improve its process optimisation, energy efficiency, predictive maintenance and new product creation, it adds.

“This alliance will help improve competitiveness through automation and optimisation of industrial processes while offering us scalability in terms of data use and AI,” says Acerinox chief executive Bernardo Velazquez. “Thanks to this technology, we will continue to advance in the identification of sustainable models for efficient resource use and in reinforcing the circular economy, an area in which we serve as a role model.”

Members of IndesIA include Gestamp, Navantia, Técnicas Reunidas, Repsol, Telefónica, Microsoft, Airbus, Ferrovial, and Inditex, among other companies.