Canvass Analytics Inc., (“Canvass AI”) announced that a major food-ingredient manufacturer is using its platform to significantly reduce the plant’s energy costs and greenhouse-gas emissions. In just one year of using the platform, the industrial company has reduced its annual energy costs by 4% and the plant’s carbon emissions by more than 9 million pounds, per Canvass AI.
“This world-leading manufacturer is using Canvass AI to address three of their top operational challenges: the need to reduce costs, optimize OEE, and reduce their environmental footprint. With Canvass AI, the operations team are able to use AI first-hand to make data-driven decisions that keep their operations within specification, ensuring throughput is maintained while reducing waste,” said Humera Malik, CEO of Canvass AI.
“What we are seeing is that AI is ready and industrial companies are driving impact with AI today," added Sachin Lulla, Ernst & Young's global digital strategy and transformation leader. "However, in order to scale AI, companies need to have a clear business outcome in mind, automate a process that is standardized with good quality data, and leverage a platform that is purpose-built and secure. AI, when combined with a culture dedicated to continuous improvement, will enable the fourth industrial revolution driving zero-touch operations and zero defects.”