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The ElecUpdated Oct 24 22:40

POSCO Future M adopts Palantir's Foundry and AIP platforms

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On October 21, POSCO Future M signed an agreement with Palantir to adopt its Foundry data operations and analytics platform and its AI platform AIP, deploying them first in the sales and marketing departments and considering expansion to manufacturing and R&D after evaluation. The company aims to use AI to increase customer response capability by more than 60%, raise manufacturing productivity by 30%, and halve product development time. Its company-wide AI transformation project launched in August, and successful use cases, after on-site validation, will be rolled out in phases by the first half of 2027.

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POSCO Future M’s cathode materials plant in Pohang.

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POSCO Future M is adopting artificial intelligence (AI) platforms developed by U.S.-based Palantir Technologies.

POSCO Future M said it signed an agreement with Palantir on Oct. 21 to adopt its Foundry data operations and analytics platform and its Artificial Intelligence Platform (AIP).

Foundry integrates and analyzes data distributed across an organization. AIP combines generative AI with business processes to support workflow automation and decision-making.

POSCO Future M plans to initially deploy the two platforms in sales and marketing to improve customer responsiveness and collaboration efficiency. After evaluating the results, the company will consider expanding their use to manufacturing and research and development.

Through AI adoption, the company aims to improve customer responsiveness by more than 60% and manufacturing productivity by 30%. It also plans to cut product development time in half.

POSCO Future M has been pursuing a company-wide AI transformation project since August. Successful internal AI use cases will undergo on-site validation before being introduced in phases through the first half of 2027.

Source

The Elec