The building materials group says the centre will continue the building of its digitalisation capabilities. It adds that this is an essential part of its efforts to increase operational efficiency and competitiveness, and to develop new ways of connecting with customers.
The new centre is intended to consolidate the group’s digital and advanced analytics capabilities and upgrade the activities implemented by the Group Digital Initiative that was launched in May 2017.
During the last three years, Titan has introduced multiple digital and advanced analytics pilots and solutions across the group’s business units, focusing on real time production optimisation, assets failure prediction with machine learning, enhanced management of plants’ sensors and operational data, use of drones for inspection in quarries and plants, supply chain advanced analytics and others.
To implement these, Titan says that relationships with new solution providers and technology partners were established and several experts with specialist skills have been recruited, in both group corporate centre and business units.
At the launch phase, the group digital centre of competence will comprise an existing core team of Titan specialists, including data scientists and advanced analytics experts, who will be coordinating digital activities across the Group and work with IT to build next generation infrastructures.
Young professionals who graduated from the group’s recent "digital acceleration" initiative in Greece which aimed at enhancing the specialised skills of young scientists, will also contribute to this endeavour.