Sandvik Coromant Joins Forces with Microsoft to Shape Future of Manufacturing
Sandvik Coromant has embarked on a venture with Microsoft to drive the development and digitalization of the manufacturing industry.
Sandvik Coromant has partnered with Microsoft to combine Sandvik Coromant's expertise in machining with technical solutions from Microsoft. The collaboration seeks to link up parts of the production chain to create solutions for the next generation of manufacturing. The joint venture also includes an acceleration of the internal digitalization network for Sandvik Coromant.
Sandvik Coromant’s CoroPlus offering, developed in part with Microsoft, is based on Azure IoT Suite, Cortana Intelligence Suite and Dynamics 365 for field service. The offering connects people, machines, tools and data on a single platform to offer Sandvik Coromant’s customers a better basis for decision-making, and provides an overview of the various developments in the manufacturing process. This can enable savings, for example, by reducing machine downtimes.
“We see this collaboration with Microsoft as key to the success of our digital strategy,” says Nadine Crauwels, president of Sandvik Coromant. “This unique partnership represents a new way for our companies to work together more closely to develop our competence.”
One unique aspect of Sandvik Coromant's CoroPlus offering is that data is not only gathered at machine level to adjust equipment, notify technicians about maintenance requirements and warn managers about potential problems. According to the company, data is also gathered at tool level, which means that the customer's industrial tool becomes ‘smart’ and can be adapted and adjusted at any time for efficient use and to prevent production stoppages.
The companys says the partnership with Microsoft adopts an integrated approach to digitizing the data, expertise and experience used on a daily basis by Sandvik Coromant to guide its customers, and will serve as an additional tool to facilitate streamlining of production.
“Sandvik Coromant has a track record of driving development in the industrial sector both in Sweden and internationally. It is incredibly inspiring that they have chosen to take the next step of the journey with us, and this is a really striking example of how digitalization can create new opportunities for the company to develop and become even better at what it does,” says Hélène Barnekow, CEO of Microsoft Sweden.
The new joint venture between Sandvik Coromant and Microsoft involves operations both in Sweden and abroad.
