WebinarsNew
Deep DiveNew
Explore Business Standard
ArcelorMittal on Monday said it has partnered with Amazon Web Services (AWS) to automate its global operations through the US tech major's cloud and AI capabilities. "The collaboration brings AWS cloud and AI capabilities directly to ArcelorMittal's manufacturing processes, providing opportunities for further optimisation and improvement of safety, asset reliability and energy efficiency," the steel major, which also has a presence in India, said in a statement. The company said it will converge some of its operational technology (OT) and information technology (IT) on AWS infrastructure, designed for security and scale, extending cloud and AI to the edge of its production environments. Using AWS services across industrial IoT, real-time sensor data and machine learning, the company will deploy AI at the point of production, enabling predictive maintenance, computer-vision quality control, process optimisation and digital twins of its physical assets and production lines. Further,
Amazon is in the midst of its "most aggressive phase of expansion" in India yet, country head Samir Kumar has said, adding that the ecommerce giant is firmly focused on playing the long game for market and customer wins. The comment from Amazon India's top honcho comes against the backdrop of the company's recently announced USD 35 billion investment by 2030 - building on USD 40 billion already invested - to support business expansion, AI-driven digitisation, exports and job creation. "If you look at our investments, we are one of the largest investments in India...USD 35 billion over the next five years, USD 80 billion of exports enablement, continuing to invest in Amazon Now and speed with 100 cities and 1,000 micro fulfillment centres, so we are in the most aggressive phase of expansion in India yet, we are here to play a long-term and win in India," Kumar told PTI. Brushing aside concerns over market complexities and rising competitive intensity, Kumar emphasised the company's .