Speakers:

Buffy Price

AI: Exploiting process efficiencies in manufacturing

date:

Wednesday, May 26, 2021

Time:

10:45 am

Summary:

Carbon Re is a micro AI and Climate Tech startup developing solutions to help Foundation Industry manufacturers, such as cement, steel, chemicals and glass, transition to net-zero. These industries are vital to the global economy, producing 75% of all the material for manufacturing and construction sectors however, today, they represent 21% of global GHG emissions. Carbon Re’s first product, the Foundation Platform, is a software platform based on state-of-the-art process improvement techniques for foundation industries developed at the Institute for Manufacturing at Cambridge University (by our co-founder Daniel Summerbell) and built on cutting edge deep reinforcement learning expertise (by our co-founder Aidan O’Sullivan at UCL). Carbon Re’s solution means that manufacturers don’t have to choose between profitability and sustainability: they can cut their emissions today and improve their finances. This session will cover how Carbon Re combines Machine Learning and Process Improvement techniques to exploit the efficiency opportunities in manufacturing – which is the main path to decarbonisation in the short term.

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