This confidence in artificial intelligence (AI) technology is translating to actual adoption in the industry, with supply chain optimization, tracking energy consumption, and overall production health being the Top 3 use cases, according to new research from Augury.
“Advances in AI are changing the manufacturing world, giving companies the information they need to improve their machine reliability, optimize processes, and transform their operations. That means they can save time and money, and those savings can be passed on to shoppers through lower prices. The good news is that the sooner manufacturers start or expand the use of AI solutions, the sooner the benefits will show up for businesses and consumers alike,” Augury says.
Key takeaways:
● 37% believe AI could help them achieve quality, yield, and throughput goals.
● 32% say AI could help them optimize asset care.
● 26% say AI would assist them in controlling the cost of materials and energy.
● Just 9% of food and beverage manufacturers say they try to improve machine health and reliability using AI tools, far below the average of 28% across other industries.
● 14% of respondents say their companies planned to invest significantly more in AI in 2023 and 60% saying they plan to invest at least slightly more.
● 78% say AI, Internet of Things (IoT), and machine learning will positively impact their workforce upskilling efforts.
● 29% say AI and advanced technologies will help create new jobs in the manufacturing industry.
