Metso embarks on Digital Program to accelerate business growth

Metso says its digital offerings are maturing fast. Metso has set up its Digital Program to accelerate the company to a new level in digital capabilities, required to succeed in the future of minerals processing and flow control. Metso's ambition is to become one of the digital leaders in the industries it serves. This means, for example, turning customer interaction more data-driven, and proactively addressing issues and opportunities based on insights drawn from data.

"Digitalisation is an integral part of our business development, supporting our growth," said Matti Kähkönen, CEO, Metso Corporation. "We focus on very practical and concrete ways to go forward. Digitalisation is a tool to make things happen. New technologies are here and new business models can help us grow."

The Metso Digital Program has three priority initiatives. In mining, Metso will help its customers to understand and improve their comminution assets and processes with the effective use of the IoT and analytics. In the aggregates business, Metso will revamp its online capabilities and provide an engaging digital customer journey for the entire equipment life cycle. In flow control, Metso plans to build new digital tools to better respond and deliver on the changing customer requirements in its project business. In addition, selected other digital innovation areas such as 3D printing, combined with agile deployment, are in the digitalisation focus.

The Digital Program is part of Metso's overall business strategy and is managed by Metso's Digital Office working in close cooperation with Metso's business units. The Digital Program is executed following agile methodologies, portfolio management and continuous improvement.

"As a company, we are in a good starting position when it comes to digitalisation," said Jani Puroranta, Chief Digital Officer, Metso Corporation. "For example, with IoT, we have already developed a first generation of solutions, including valve diagnostics, remote monitoring of Lokotracks and a telematics system that collects high-speed data from large cone crushers. We will create digital solutions to reshape our industries and our experts will be working with our customers and distributors to fully embrace the opportunities of digitalisation."