Artificial Intelligence in Manufacturing
Artificial Intelligence (AI) and its implementation have seen an explosion in the past few years, being adopted in self-driving cars, stock trading, and many other areas. One, perhaps surprising, area AI has been slow to become adopted is among manufacturing companies, specifically those with heavy assets. To address inefficiencies, traditionally manufacturers invest in more capital expenditures, however this may not be necessary as it has been in the past. Manufactures can now leverage AI technology to help drive efficiencies and reduce costs throughout their manufacturing process.
With the resurgence of artificial intelligence technologies manufactures have additional options to address production inefficiencies, rather than relying solely upon more capital investment. AI has the ability to, in real time, utilize data that machines are already collecting and provide valuable insight into the manufacturing process. By utilizing the data that is already being collected by the machines, AI allows companies to custom tailor solutions that are machine specific, providing each machine with its own custom solution. AI can analyze the data and make real time decisions instantaneously, freeing up operators’ time to focus on more value-added areas of improvement. Levering AI technology helps manufacturers avoid costly capital expenditures, drive efficiency, and spend more time adding value in other areas of the business.
Manufacturers, specifically those with heavy assets, have been slow to adopt artificial intelligence throughout their production processes. AI provides a cheaper way for manufacturers to reduce costs and drive efficiencies in their process, providing an alternative to more costly capital investments. Manufacturers are no stranger to implementing technology to improve the manufacturing process, and AI is the next step in that journey.
How do manufactures implement AI into their everyday process?
What impact will AI have on the responsibilities of operators in the future?
Can AI help fully automate the manufacturing process?