Fedrigoni, an Italian manufacturer of speciality papers for packaging and self-adhesive labels, has entered into a multiyear collaboration with Palantir Technologies to harness advanced AI capabilities.
The partnership aims to expedite Fedrigoni’s digital transformation initiatives, with an initial focus on stock optimisation and demand forecasting.
This partnership signifies a crucial advancement in improving operational efficiency and driving innovation within Fedrigoni’s global operations.
Fedrigoni CEO Marco Nespolo said: “We are delighted to deepen our partnership with Palantir as we embark on this transformative journey.
“Our collaboration with Palantir will enable us to harness the power of AI to be increasingly agile and competitive in a rapidly evolving market. This partnership is a critical component of our strategy to lead the industry in operational excellence and customer service.”
By employing Palantir’s AI technology, the company aims to enhance its responsiveness to market changes and better meet customer needs.
Fedrigoni is being advised on this initiative by Avatar Investments, a preferred partner of Palantir in Italy.
The collaboration underscores the rising importance of digitalisation in traditional manufacturing industries.
Both Fedrigoni and Palantir say they are committed to a cooperative approach, aiming to produce innovative solutions and generate long-term value through their joint efforts.
Palantir EMEA manufacturing AI lead Guillaume Soule said: “Fedrigoni’s forward-thinking approach to digital transformation aligns perfectly with our mission to empower organisations through data-driven insights.
“By leveraging AI, we are poised to deliver impactful results that will enable Fedrigoni to enhance its operational capabilities and achieve sustained success.”
In February this year, Fedrigoni Group acquired a stake in Papkot, a developer of large-scale paper-coating technology that mimics the properties of plastic.
