Inditex joins India in a bid for artificial intelligence. With this incorporation, IndesIA will continue to promote the competitiveness of the Spanish industrial fabric, integrating the country’s main industrial companies into the consortium. Its objective is to develop cases to which data technology and AI are applied in order to solve the challenges of the sector in a transversal way. They also seek to be applicable to the entire value chain of companies.
They already have nine large Spanish industrial companies promoting this strategic consortium with a European vocation. In addition, it also has the support of the Basque Artificial Intelligence Center (BAIC) and Accenture.
What role will Inditex play?
The leadership in its sector and the great innovative capacity of Inditex will allow IndesIA accelerate its growth and consolidate its position. In this way, it will be able to continue bringing a value proposition to all the companies in the country that allows them to promote their digitization, access to the platforms and data spaces necessary for the implementation of use cases and the increase in capacities associated with digital profiles. currently existing.
The Inditex Group operates in the fashion distribution sector globally, both through physical stores in 95 markets and through its online platform available in more than 200 countries. Innovation is a substantial part of its business model and the use of the latest available technologies has been a constant throughout its history.. Always with the aim of offering its customers the product they want and the best shopping experience. Its incorporation into IndesIA as a promoter partner is consistent with its strategy of continuous improvement of processes in all its areas of activity, commercial management and industrial and logistics processes.
Why bet on AI?
This new membership is further evidence of the interest of companies and institutions in joining the digital transformation. They seek to promote the use of data and Artificial Intelligence to improve and promote new business models. And it is that, to date, the association has received more than 100 requests from SMEs that want to join the project. Currently, IndesIA already has the support of six universities and training centers to give impetus to the formative part; four technology centers; An association to encourage the ethical use of data; and her own Spanish Association for Artificial Intelligence.
Without a doubt, artificial intelligence (AI) is creating many business opportunities in Spain. Through the optimization of processes, energy efficiency, predictive maintenance, the creation of new products or the improvement of the relationship with customers, among other areas. At this time, according to the map of artificial intelligence capabilities of the Government of Spain, there are 235 entities that develop or offer AI services. Some data that show that artificial intelligence is one of the best vectors for the growth of the Spanish economy; its application in the industry will have a estimated impact on the Spanish GDP of 16,500 million euros in 2025, according to IndesIA estimates.
Recently, IndesIA has joined, together with 18 other companies, the cluster for the development and application of Artificial Intelligence promoted by the Community of Madrid. In addition, he holds the vice presidency of Gaia-X Spain. It is the national hub of the data economy that is committed to European sovereignty of data spaces in strategic sectors.
Use cases: AI for process improvement
The member companies of IndesIA consider that the industrial sector faces great challenges:
- Increase competitiveness by automating and optimizing industrial processes.
- improve the sustainability through energy efficiency.
- Develop New Materials.
- reinforce the circular economy.
To do this, use cases have been identified in which the use of data and artificial intelligence provides substantial help. Industrial data platforms and qualified talent have been made available to the sector.
The application of these new technologies improves business processes. Possible inefficiencies are eliminated and detected in less time, in addition to offering solutions based on the knowledge provided by the data. Encouraging organizations to be more effective promotes the development of a new economy that generates economic growth for Spain. In addition, it causes a measurable improvement in competitiveness and sustainability in industries. These are key to the economy and facilitate the generation of high-quality jobs and the retention of talent.
Some examples of how artificial intelligence can be applied are the creation of smart, autonomous, flexible, sustainable and virtualized factories; predictive maintenance in plants and industrial centers; or efficiency improvement. This would serve to avoid possible incidents in the production plants, generating a culture of prevention and anticipation that drives productivity and efficiency.
