The work of an enterprise in the manufacturing industry is a constant overcoming of obstacles such as low productivity of processes, shortcomings in production, and costly maintenance of machines and systems. The sources of these problems lie in the use of inefficient manual labor, the human factor, and the lack of information in real-time which result in overspending, loss of quality, and inability to seize opportunities. In particular, the problems of identifying defects often remain unresolved due to the handicraft and simplification of the procedures for their search. At the same time, artificial intelligence (AI) technology opens up new perspectives for addressing these challenges.
AI optimizes equipment maintenance and avoids errors. Learning opportunities while processing and analyzing large amounts of information make it possible to set up production cycles in such a way that they show greater efficiency and accuracy with less manual labor. In addition, AI is handing out tools that help make informed decisions faster and manage inventory more economically. Read more about the role of AI in the management of an industrial enterprise below.
The global market for AI in manufacturing reached $3.8 billion in 2022 and is expected to make $68.36 billion by 2032, with a growth rate of 33.5% over the forecast period from 2023 to 2032. The main challenges that can be solved with the help of AI in manufacturing are the need to optimize processes, increase efficiency and reduce costs. Automation of routine operations by minimizing human resources makes it possible to shift the focus to solving strategic issues, thereby improving productivity. For this, the following Artificial Intelligence technologies are used:
The application of AI in the manufacturing industry provides an opportunity to improve the quality and increase the efficiency of processes. Here are the main use cases for AI in manufacturing:
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The use of AI in the manufacturing industry provides numerous advantages:
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The application of AI automates processes, optimizes production and integrates innovative solutions, which can be seen in the example of such enterprises:
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What are the prospects for the use of AI in the future?
The Software Development Hub company is ready to develop solutions for enterprises based on AI. Choosing the development methodology and technologies to realize the vision, we will create solutions that will optimize the production process and meet customer needs in line with increasing digitalization.
Drop us a line, and we provide you with a qualified consultation.