Gogo AI portfolio co. Algo8 releases AI support system

Executive Summary

• Gogo AI Network’s portfolio company, Algo8 Industrial AI, has successfully deployed its AI-based decision support system, PlantBrain, for a major publicly listed Indian steel and infrastructure group.
• The deployment targets complex, energy-intensive steelmaking facilities, aiming to optimize power utilization, reduce costs, and improve operational efficiency through machine learning models.
• Early optimization trials demonstrated significant tangible benefits, including average export power savings of 4.39 MW and a productivity improvement of approximately 10.3 labor hours per day.

Key Details

• Customer Profile: A major publicly listed Indian steel and infrastructure group (name withheld for confidentiality).
• Facility Scope: The customer operates complex steelmaking facilities including electric arc furnaces (EAFs), ladle refining furnaces (LRFs), auxiliary steelmaking units, and a dedicated captive power plant.
• Solution Deployed: Algo8’s PlantBrain platform, which uses machine-learning models to analyze real-time power consumption and generate actionable recommendations.
• Operational Metrics & Results:
  • Power Savings: Optimization trials indicated average export power savings of approximately 4.39 megawatts (MW).
  • Efficiency: Improved export efficiency and a significant reduction in infirm/unscheduled power, with no adverse impact on production throughput.
  • Labor Productivity: Digitalized operational logbooks improved workforce productivity by approximately 10.3 labor hours per day (equating to more than 3,700 hours annually).
• Technical Capabilities:
  • Power Schedule Mode: Automates forward-looking power distribution plans to improve coordination across production, load distribution, and power management teams.
  • Furnace Strategy: Recommends start/stop strategies for refining furnaces.
  • Generation Optimization: Predicts optimal ramp-up and ramp-down levels for captive power generation.
  • Import Limits: Improves utilization of import limits and reduces unnecessary power wastage.
• Strategic Context: The deployment underscores Gogo AI Network’s investment thesis focused on scalable, revenue-generating AI companies capable of delivering measurable efficiency gains in large-scale manufacturing environments.

Notable Quotes

• "This deployment reflects the growing adoption of industrial AI solutions across large-scale manufacturing environments... Algo8's ability to deliver measurable efficiency gains for major industrial enterprises underscores the strength of its technology platform and reinforces our investment thesis focused on scalable, revenue-generating AI companies." — Brandon Kou, President, Gogo AI Network
• "This implementation highlights the role AI can play in optimizing complex energy systems. We are excited to support our customer in advancing intelligent and sustainable industrial operations." — Nandan Mishra, CEO and Co-founder, Algo8