AI and automation to add +US$ 3,776 billion increment in manufacturing by 2025
Current manufacturing growth trends suggest an increase of 8397 billion US Dollars by 2025. However, with the upsurge of AI would add an additional 3776 billion US Dollars. On the other hand, Intelligent Automation is expected to add 1398 billion US dollars while 2071 billion dollars would be added by AI augmentation. Total factory productivity through AI implementation would raise a further 307 billion US dollars in manufacturing, which means, the industry would witness a mammoth 45% increase.
Automate recurring activities, eliminate human errors and deliver superior quality levels
Expand Capabilities and Meet Demand Levels
Decrease number of incidents in the workplace with fewer human resources to carry out dangerous tasks
While AI takes care of unskilled activities, humans can focus on driving innovation and taking their business to advanced levels
As intelligent machines start taking care of day-to-day activities, businesses can enjoy considerably lower operating costs
Take the guess work out of the business and make informed decisions. Facilitate superior scalability.
Track machine health through output information integration from machines
You can pre-determine when the preventive maintenance should occur, based on specific machines
You can track the job completion rates and build more efficiencies in the process by tracking job start/end times