To explore innovative ideas in new technologies for its steelmaking and mining activities, ArcelorMittal has partnered with Silicon Valley-based Plug and Play, the world’s largest ‘Innovation EcoSystem’ which helps connect technology focused startup companies with corporate partners.
The purpose of this partnership is to further develop and expand upon the various initiatives which ArcelorMittal is developing and deploying in the areas of digitalisation, big data and Industry 4.0. It is also an opportunity to explore further ideas in new materials, mobility and other emerging technologies.
“We are very excited about this partnership. Our aim is to identify new ideas from startups that may accelerate the transformation of our company and help us develop superior products, processes and services.”, explains Greg Ludkovsky, Vice-President of ArcelorMittal and Head of Global Research and Development.