As part of the project to implement business process automation at the Magnitogorsk Iron and Steel Works (MMK), MMK-Informservice has entered into a general partnership agreement with UiPath, a world leader in producing software platforms for robotic process automation (RPA).
The partnership will improve the efficiency of MMK’s large-scale project to automate business processes by reducing the cost of the software used, in addition to allowing MKK to adopt best practices in the application of RPA technology used by other UiPath partner companies, including Deloitte, Oracle, Microsoft, IBM and others.
In July 2018, MMK-Informservice (part of MMK Group) established the RPA Expertise and Innovation Centre to coordinate the implementation of software robotics technology. At present, dozens of software robots are already successfully functioning at MMK Group. According to MMK-Informservice Director Vadim Feoktistov, the global experience of automation through RPA technology shows the high efficiency of this tool on the path towards the digital transformation of business. This process lies at the heart of MMK’s comprehensive strategic initiative, Industry 4.0.
UiPath is a recognized leader among RPA software robotics solution providers. The company employs 2,500 employees in 53 offices in 20 countries, including Russia, USA, India, China, Japan, Germany, France and Britain, to develop the RPA platform.
About MMK
MMK is one of the world’s largest steel producers and a leading Russian metals company. The company’s operations in Russia include a large steel-producing unit encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2018, the company produced 12.7 mln tonnes of crude steel and 11.7 mln tonnes of commercial steel products. MMK Group had sales in 2018 of USD 8,214 mln and EBITDA of USD 2,418 mln.
