DIGITAL TRANSFORMATION

EVRAZ DIGITAL TRANSFORMATION PATH
2017-18
  • Pilot projects and proof of concept.
  • Outcome analysis.
2019
  • Broad discussion of digital transformation approach, objectives and outcomes.
  • Decision to systematically employ digital tools on a large scale throughout enterprises and business units.
2020
  • Decision to make digital transformation a strategic priority of EVRAZ.
  • Launch of major digital transformation projects.
  • 68 projects.
  • Implemented with an annual effect of US$17 million.
2021 Results
176 projects
implemented with an economic effect on 2021 EBITDA of
US$65 m
and an annual run-rate effect of
US$150 m
2022-23 plans
Implementation of new digital transformation projects with an annual run-rate effect of
>US$100 m
Digital transformation in 2021: key facts
  • An ambitious programme of digital projects was successfully completed and the economic effect target was achieved.
  • More than 80% of the effect in production came from improving technical drivers.
  • Digital technologies are making a substantial contribution to improving production safety.
  • A ‘conveyor belt’ of digital products was put into operation.
  • A data-based management approach was consistently introduced at all levels of the Group.
  • A portfolio of digital initiatives for 2022 was created.
PLANS FOR 2022
  • Maintain the implementation speed for digital projects and the economic effect achieved.
  • Focus more on working with a ‘funnel’ of digital transformation ideas.
  • Become one of the world’s digital transformation leaders (a ‘beacon company’, based on World Economic Forum terminology).