The "PRIO Jump Start" artificial intelligence solution brings together PRIO and Automaise to develop a solution with an important impact on the strategy of Portugal's largest biofuel producer.
Aveiro, November 29, 2022
In keeping with its expansion strategy, PRIO now felt the need to focus on process efficiency, using the Artificial Intelligence (AI) platform developed by Automaise. The new solution adopted had an impact essentially on the offer and was decisive because "made it possible to confirm and refine the offer that PRIO presents to Portuguese consumers", according to Alexandre Cruz, Market Analyst at PRIO.
The current context is challenging for all operators in the energy sector and never before has strategy played such a decisive role in shaping the future of the sector.
In this way, PRIO went from a manual process, which was more time-consuming and prone to errors and did not take historical data into account, to a solution that uses Artificial Intelligence to generate predictive information. "The results are more robust, precise and accurate, helping to strengthen PRIO's position and strategy", he adds Alexandre Cruzwho has no qualms about saying that "the company's strategy was strengthened by the data provided by the Artificial Intelligence solution developed by Automaise."
“PRIO's commitment to implementing AI in core business processes to some extent anticipates a growing market trend", he highlights Ernesto Pedrosa, Co-Founder & CEO of AutomaiseHe went on to say that "In the short term, the use of this type of technology will be vital to the relevance of brands. Agile decisions based on data will be a must-have. We have seen demand for this type of solution grow as a clear sign that the issue is increasingly on the agenda of operational managers and decision makers."
PRIO has plans to continue strengthening its commitment to fuels produced using waste and green hydrogen, following the line of sustainability for which it has always stood out. As far as technology is concerned, the door remains open and the company makes it clear that "is very pleased with the results of the project that has already been developed and will invest in Digital Transformation and Artificial Intelligence in all areas where it proves relevant."
More information about this acceleration program at www.PRIOjumpstart.pt.
ABOUT PRIO
PRIO is the largest producer of biofuels in Portugal, making them from waste raw materials. Through this production, it contributes to around 1/3 of CO2 avoided in mobility in Portugal. To ensure the flow of these biofuels, it operates and supplies a network of more than 250 service stations from the north to the south of Portugal, where it offers, in addition to conventional liquid fuels, charging for electric vehicles and refueling for gas vehicles (LPG Auto).
To ensure its competitiveness in liquid fuels and LPG, PRIO operates an independent primary storage and logistics terminal in Aveiro, through which it can supply the international market. To ensure the supply of its biodiesel plant on the national market, PRIO coordinates the collection of used cooking oil and other waste raw materials at more than 600 collection points in Portugal, and valorizes waste raw materials from sectors as varied as margarine, sauce, olive oil and coffee production.
It has an operational base of 100% in Portugal, is the largest company in the Aveiro district, and has triple QSA (Quality, Safety and Environment) certification for both the biodiesel plant and the tank farm.
ABOUT AUTOMAISE
Automaise was created in 2017 and works with some of the most prestigious international retail, banking, insurance and telecommunications brands to accelerate digital transformation and strengthen customer relationships.
Automaise has created a no-code platform that combines various components of Artificial Intelligence with a sophisticated drag-n-drop interface of intelligent workflows, an environment that allows AI solutions to be quickly built and made available tailored to each client.
The focus has been on solutions to support the management and operation of companies, which stand out for their ability to autonomously handle day-to-day tasks and decision-making related to complex, core operations - with a proven accuracy rate of 98%.
Additional information at www.automaise.com.
ABOUT IMATCH
imatch is an innovation collective that works with a transformative purpose centered on the human side and creative collaboration to help people and organizations transform the status quo, build relationships and always be one step ahead. With the motto "do something different to make a difference", they collaborate to find and implement innovative solutions in response to the challenges of an ever-changing world. It operates in areas such as Internal & Open Innovation, Impact & Social Innovation, Culture Innovation & Education and Innovation Events & Inspiration.