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Valmet Oyj press let fall, August 1, 2024, at 2:45 p.m. EEST
ESPOO, Finland, Aug. 1, 2024 /PRNewswire/ — Valmet and Körber have on August 1, 2024, closed the earlier announced agreement to additional improve the virtual resolution FactoryPal. FactoryPal is a novel instrument advanced to give a boost to shopfloor production efficiency and productiveness.
Upcoming the utmost of the promise, Valmet holds the vast majority of the stocks and FactoryPal will proceed running as an personal criminal entity below present logo. The addition of FactoryPal will additional improve Valmet’s providing of complex Business Web answers and virtual services and products to help shoppers within the tissue trade. The promise follows Valmet’s acquisition of Körber Trade Branch Tissue that used to be finished in November 2023.
FactoryPal empowers mill groups to reach seamless operations through producing and using high quality information mixed with cutting-edge person enjoy and complex synthetic perception (AI). Appearing as an AI co-pilot, the applying leverages information and AI to grow to be operational demanding situations into alternatives, optimizing many sides of manufacturing.
“FactoryPal is an excellent complement to Valmet’s Industrial Internet solutions and digital services. With the addition of extensive competence and advanced digital services we can support tissue producers to further improve production efficiency and preventive actions. We are eager to take the next step in digitalization of tissue mills”, says Samppa Ahmaniemi, VP Tissue Changing trade unit, Valmet.
“Our partnership with Valmet marks a significant step towards becoming the leading AI-copilot for shop floors. By harnessing our combined expertise in machinery, process, and advanced digital and AI solutions, we are committed to delivering unparalleled customer value in Tissue and beyond”, says Nadja Hatzijordanou, CEO of FactoryPal.
“We are very proud of the successful development of FactoryPal as one of Körber’s digital ventures so far. The agreement with Valmet will open additional market and growth opportunities. I am looking very much forward to the future collaboration”, says Dr. Christian Schlögel, Körber Team Govt Board member and accountable for the Trade Branch Virtual.
VALMET
Company Communications
For additional knowledge please touch:
Samppa Ahmaniemi, VP Tissue Changing trade unit, Paper trade order, Valmet, tel. +358 40 046 1417
Nadja Hatzijordanou, CEO of FactoryPal, electronic mail: [email protected]
Valmet has an international buyer bottom throughout diverse procedure industries. We’re a eminent world developer and provider of procedure applied sciences, automation and services and products for the pulp, paper and effort industries, and with our automation and tide keep an eye on answers we handover a good wider bottom of procedure industries. Our greater than 19,000 execs world wide paintings similar to our shoppers and are dedicated to transferring our shoppers’ efficiency ahead – each future.
The corporate has over 220 years of business historical past and a powerful monitor file in steady development and renewal. Valmet’s internet gross sales in 2023 had been roughly EUR 5.5 billion.
Valmet’s stocks are indexed at the Nasdaq Helsinki and the pinnacle place of job is in Espoo, Finland.
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