Powered through artificial intelligence (AI), the use of AI algorithms for manufacturing has transformed company operations and led to vast improvements in productivity, higher quality, and lower costs. The piecemeal deployments we still see today will eventually give way to the agility and operational insight this new level of data management enables.

AI in manufacturing today

AI is being enthusiastically adopted, and novel applications are changing the playing field within the industry. According to Fortune Business Insights, AI in the 2019 worldwide manufacturing market was valued at $8.14 billion and is projected to reach $695.16 billion by 2032. This is part of a broader trend called Industry 4.0, where connectivity coupled with advanced analytics pave the way for more agile and productive manufacturing executed on the fly. A few examples follow.

Predictive maintenance

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