TITAN Cement Group has launched CemAI, an affiliate company providing the next-generation predictive maintenance solution based on Artificial Intelligence for the cement industry.
The solution is a novel mix of proprietary licensed software and a continuous monitoring and incident resolution service for entire cement manufacturing lines worldwide.
Leveraging on the unique manufacturing experience and digital expertise of Greece-headquartered TITAN, which has created, successfully tested and already installed the CemAI solution at several of its locations around the world, the solution will help cement companies maximise the operational efficiency and reliability of their plants while making their processes more efficient and cost-effective.
CemAI’s solution complements the expertise of local plant maintenance teams by adding the dimension of predictive analytics, bringing cement plant maintenance into the digital age of AI. It leverages machine learning technology that processes the operating data of entire cement plants in real-time, generating alerts that are analysed by a team of experts with years of experience in cement operations, working in close collaboration with plant operational teams to resolve issues before they affect operations.
CemAI works through remote monitoring centres that collect and analyse the data stream from plant sensors 24/7.
Titan Cement Group achieved a 29% year-on-year increase in revenue to €580.9 million (€450.3mn Q2 2021) in the second quarter of this year while also recovering its profitability.