Hovis is leveraging advanced AI technology to enhance its bread manufacturing processes by partnering with IntelliAM AI.
- The new agreement will see the deployment of AI technology across major Hovis sites in the UK, including locations in East London, Nottingham, and Glasgow.
- While the exact financial details remain undisclosed, the partnership is valued at over £100,000, extending over a 12-month period.
- IntelliAM AI, a Sheffield-based firm, specializes in using machine learning for industrial asset management, promising improvements in productivity and cost reduction.
- This collaboration marks IntelliAM AI’s second major contract in recent months, having previously secured a significant deal with an alcoholic drinks manufacturer.
One of the largest baking companies in Britain, Hovis, is set to revolutionise its manufacturing operations through a strategic partnership with IntelliAM AI. This collaboration aims to implement AI-driven technologies across its primary facilities located in East London, Nottingham, and Glasgow, enhancing the reliability and stability of its operations. This initiative is expected to provide significant improvements in production efficiency.
The agreement between Hovis and IntelliAM AI involves consultancy services focused on reliability, bringing sophisticated AI solutions to the forefront of bread production. Although IntelliAM AI has not disclosed the precise size of the deal, the contract is projected to exceed £100,000 and will last for a year, commencing next month.
IntelliAM AI, situated in Sheffield, is noted for its specialised AI software solutions that optimise industrial management of assets. By analysing extensive data generated by machinery, the company supports businesses facing challenges such as skills shortages, system limitations, budget constraints, and regulatory compliance. This focus on data-driven solutions is pivotal for industries undergoing digital transformation.
Founded in 2023, IntelliAM AI has quickly established itself as a key player in the tech sector, having raised £5 million through an IPO on the Aquis Stock Exchange Growth Market. Following its market debut, the company acquired the engineering group 53 North, further strengthening its market position.
The deal with Hovis follows closely on the heels of another major contract IntelliAM AI secured in the preceding month, with an established alcoholic drinks manufacturer. This previous deal was agreed at a minimum value of £100,000 per annum for two years, underscoring the company’s growing influence in the AI technology space.
The alliance between Hovis and IntelliAM AI underscores a significant move towards incorporating AI technology in traditional manufacturing sectors, promising enhanced productivity and operational efficiency.