AI in Manufacturing: Reshaping the Future of the Industry - Accedia

In 2022 AI in Manufacturing is valued at USD 2.3 billion and is projected to reach 16.7 billion by 2027 according to a recent report. The result of adopting AI in any shape or form – from automation and predictive analytics, to natural language processing (NLP) and computer vision, can be seen in early adopters such as IBM, Intel, GE, Siemens, and their success and business growth. In this article, we'll take a look at just some of the ways manufacturing companies can benefit from implementing AI in their processes. Furthermore, we'll share the diverse applications of AI that will help you save costs and improve processes regardless of the product specifics. As Harald von Heynitz, Head of Industrial Manufacturing, KPMG has said "Taking advantage of advances in robotics, 3D printing, and AI is critical to driving greater efficiency, lowering costs, and improving safety for many sectors and particularly niche suppliers". The benefits AI brings to Manufacturing are twofold.