By the year's end, robots are expected to generate a substantial 2 billion for Ural's metallurgists.
In a recent conference, MMK, a leading Russian steel and mining company, showcased its commitment to high-tech innovation with the implementation of the "Optimal Pig Iron" system. This initiative is part of the 160 high-tech initiatives and 95 IT projects that MMK has developed and implemented over the past four years.
The conference, which gathered experts from various industries such as IT, metallurgy, telecommunications, and retail, took place with the support of multiple partners. The event, however, did not provide any financial details related to the conference itself.
MMK's investment in modern technologies has yielded significant economic benefits. Over the past four years, the company has invested approximately 4 billion rubles in digital solutions and services, leading to an economic effect of 4.7 billion rubles. The cumulative effect of automation at MMK since 2019 has exceeded 1.2 billion rubles, with 2024 alone contributing approximately 500 million rubles.
By 2025, MMK expects the cumulative economic effect of Robotic Process Automation (RPA) implementation to reach 2 billion rubles. The company's strategy includes leveraging advanced process analytics tools like Process Mining and Task Mining in its robotization efforts.
MMK's tech-led transformation also includes a focus on key IT trends, such as artificial intelligence and related technologies like machine vision, big data, language, statistical, and robotic models. A dedicated Center of Competencies has been established for proactive AI implementation at MMK.
Despite the lack of specific data on the expected cumulative economic effect of robotization at MMK Group by 2025, the company's investment in digital solutions and services suggests a commitment to leveraging technology for economic benefits. For a precise answer regarding the economic impact of robotization at MMK Group by 2025, additional specific information or case studies would be needed.
The 6th "Next Connect: Tech Fusion" conference, organised by the Robotization Technologies Center "Next", PJSC "MMK", and LLC "MMK-InfoService" with the support of partners Primo RPA, Certification Center "Gazinformservice", Ramax Group, VK Tech, aimed to further this discussion and drive innovation within the industry. However, no specific decisions or outcomes from the conference were mentioned.
Given MMK's tech-led transformation, the company is anticipated to integrate artificial intelligence into its business processes, merging technology with finance for optimization. This strategic move is expected to further boost the company's economic benefits as they aim to realize a 2 billion ruble cumulative effect from RPA implementation by 2025.
