Ferritico

Ferritico is a Stockholm-based company founded in 2016 that specializes in machine learning-based simulation software for the steel industry. The company focuses on accelerating digitalization in the steel sector by providing AI-powered simulation services that enhance efficiency in steel development and manufacturing processes. Ferritico offers a cloud-based SaaS platform that uses advanced statistical models and machine learning to simulate steel characteristics. This technology reduces trial-and-error testing, making the steel development process faster and more cost-effective. The platform is designed to optimize manufacturing and implementation processes, allowing for more efficient production and product optimization. Operating on a B2B model, Ferritico collaborates with leading European steel producers to tailor its services to the industrys specific needs.