Pantaleon and C3 AI Partner to Modernize Sugar Industry, Transforming Harvesting Operations
18 September 2023 - 11:00PM
Business Wire
Top global sugar producer projects up to $5
million benefit using C3 Generative AI
C3 AI (NYSE: AI), the Enterprise AI application software
company, today announced that Pantaleon — the top sugar producer in
Central America — has expanded its commitment with C3 AI by
deploying C3 Generative AI to improve business efficiencies.
Pantaleon first became a customer in early 2023 when it purchased
two pilot applications — C3 AI Production Schedule Optimization and
C3 AI Process Optimization.
“It’s clear that Pantaleon is leading innovation in this
industry by recognizing how AI, and more recently as an early
adopter of generative AI, can transform the inner workings of a
traditional industry and allow leadership to make smarter and
faster decisions — and by using C3 AI as an experienced partner, do
it quickly and efficiently,” said C3 AI CEO Thomas M. Siebel.
“Together we are demonstrating the unmatched economic value of
combining 170-years of industry knowledge with enterprise AI.”
As part of its transformation, the Guatemala-based company has
been using C3 AI Production Schedule Optimization to plan their
sugar cane harvesting process and C3 AI Process Optimization to
maximize sugar production. These applications — including C3
Generative AI — are running on Google Cloud and leveraging Google
Cloud’s services and solutions at scale.
“Our people’s deep industry understanding, combined with C3 AI’s
expertise that can frame the problem and abstract operations into a
computable form, allows us to transition to a new operational
paradigm,” said Pantaleon CFO and AI strategy leader, Guillermo
Medina. “We’re not only employing our advanced proprietary
predictive models but also optimizing our operations, reimagining
our approach to value creation.”
Pantaleon is also transforming work beyond the fields, using C3
Generative AI to manage and analyze documents for information
retrieval and analysis. With such large-scale global operations,
the company accrues a substantial amount of documentation, such as
analyst reports, market forecasts, and service contracts; with C3
Generative AI, Pantaleon employees can swiftly find precise answers
to their questions and pinpoint the originating document, even
among multiple contracts with varied terms from a single
vendor.
In addition, Pantaleon is using C3 Generative AI to optimize the
process to develop pricing outlooks; these are a crucial function
for the sugar producer, as 80% of production is pre-sold before the
harvest season begins.
About C3.ai, Inc.
C3 AI is the Enterprise AI application software company. C3 AI
delivers a family of fully integrated products including the C3 AI
Platform, an end-to-end platform for developing, deploying, and
operating enterprise AI applications, C3 AI applications, a
portfolio of industry-specific SaaS enterprise AI applications that
enable the digital transformation of organizations globally, and C3
Generative AI, a suite of large AI transformer models for the
enterprise.
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version on businesswire.com: https://www.businesswire.com/news/home/20230918681932/en/
C3 AI Public Relations Cheryl Sanclemente Vice President,
Corporate Communications 415-988-4960 press@c3.ai
Investor Relations ir@c3.ai
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