Tata Steel is placing its bets on digital and IT tools to optimise costs, enhance stakeholders’ experience and automate processes as it eyes the top slot in the industry in leveraging digital by 2025.
The company’s digital focus is aimed at enhancing financial alacrity, cyber resilience, smart operations and earnings before interest, taxes, depreciation & amortization (Ebitda). The digital roadmap will be propelled by tools like artificial intelligence (AI), analytics, Virtual & Augmented Reality (VAR), Optical Character Recognition (OCR), Enterprise Data Management (EDM), Robotic Process Automation (RPA), sensorisation and chatbots.
The steel manufacturer has built in-house data science capability with