The metals industry is at a crossroads. It faces decreasing global demand, trade flow disruptions, widening workforce skill gaps, and declining resource quality. These challenges have hurt profits and reduced capital investments. The metals industry is ripe for change – and digital transformation is leading the way.
1. Machine learning simplifies production processes, predicts quality outcomes
2. Virtual reality enables remote plant operations and value chain control
3. Blockchain guarantees supply chain validity and authenticity