The C-suite executives of manufacturing industry are under immense pressure to innovate and find new streams of revenue as unplanned downtime, labour costs and other legacy systems/processes are killing the productivity and growth of businesses. If you are a CEO or a CIO of a manufacturing or a processing company yet to decide on investing in Artificial Intelligence and wondering what would be the RoI, you are not alone. However, it’s high time to invest in a next-gen technology like Artificial Intelligence as this offers a plethora of benefits to any industry. Today, top-level executives of manufacturing industry are investing in AI to improve operational efficiency, productivity, performance. From achieving significant cuts in downtime to generating better-designed products and improving the safety of employees, AI is truly evolving manufacturing. In a Forbes Insights Survey on Artificial Intelligence, 44% of respondents from the automotive and man...
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