How a 146 yr-old Russian steel giant cast its future in machine learning
Q&A: CBR talks to Magnitogorsk Iron and Steel Works about their deployment of Yandex Data Factory technology. The use of data within an organisation to improve elements of the business such as the supply chain, improve decision making, and to make cost savings, is becoming more widely accepted as being vital. It is vital in respect to the business remaining competitive, vital to remaining relevant, and vital to the future of the business. One of the industries that has been looking significantly at the use of its data is the manufacturing industry, and stepping back one level to the steel industry. Magnitogorsk Iron and Steel Works (MMK), is the third largest steel company in Russia with a revenue of $9.3bn. Established in 1870, the company has taken to using machine…
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