Sandvik Materials Technology and Maintpartner have entered into agreement to implement MP INtelligence®, an AI based predictive analytics system to Sandvik’s hot rolling mill in Sandviken, Sweden. The fast implementation is already on-going.
MP INtelligence is a system that warns of emerging failures and process disturbances long before any other systems react. It will secure Sandvik’s production and in its part ensure the high quality of the end-products. It will also guide the operators to optimize the plant operations and processes.
“MP INtelligence helps to avoid production stoppages and downtime due to unexpected breakdowns which might cost millions of euros. This agreement strengthens our position in metal industry, whilst the analytics already has a steady position in other industries such as energy, chemicals and pharmaceuticals,” says Otto Tarkiainen, President of Maintpartner’s Productivity and Digital Solutions Unit.
Sandvik Materials Technology is a leading developer and manufacturer of advanced stainless steels, powder-based alloys and special alloys for the most demanding industries. Its Sandviken steel mill manufactures hot rolled steel products with the annual capacity of 250K tons.
The agreement is valid for the time being, and its value is not disclosed.
Manu Skyttä, VP, MP INtelligence, Maintpartner
Otto Tarkiainen, President, Productivity and Digital Solutions, Maintpartner
Maintpartner is a leading industrial operation and maintenance company in Northern Europe and the leading actor in the energy sector in the Nordic countries. We help our customers improve the productivity of their production facilities and minimize process disruptions. In addition to long-term operation and maintenance agreements we offer development, installation and engineering services. Our digital solutions represent the best-in-class development in the field.
Maintpartner Group employs approximately 1,900 people. Our net sales in 2016 amounted to some EUR 160 million. The Group has offices in Finland, Sweden, Poland and Estonia.