Through Cemex Ventures, Cemex’s corporate venture capital and open innovation unit, the building materials producer has executed an investment agreement with OPTIMITIVE after years of strategic collaboration.
The agreement follows outstanding results achieved by Cemex with OPTIBAT, OPTIMITIVE’s solution for real-time optimization through closed-loop AI, as well as the shared commitment to enhancing efficiency and sustainability of production by reducing energy consumption.
“OPTIMITIVE has a robust customer base across a large number of sectors, making it an ideal partner that reinforces Cemex’s commitment to transforming the industry through collaboration with breakthrough technologies,” said Alfredo Carrato, investment and open innovation at Cemex Ventures. “We are excited about this partnership with OPTIMITIVE, given the impressive results they have already achieved in Europe and the United States in projects to date with Cemex.”
Cemex seeks to scale OPTIBAT across its portfolio of production facilities as part of its Digital Innovation in Motion ecosystem, with the goal of agile large-scale deployments in the near future. In addition, OPTIBAT accelerates the reduction of operational carbon footprint and increase of energy efficiency, in line with the Future in Action program to become a net-zero CO₂ company.
