Future Factories: How AI enables smart manufacturing Data of Big Interest


Today's consumers are pickier than ever. They want customized, personalized, and unique products over standardized ones and prefer local, smaller producers over large-scale global manufacturers. Factories, power plants, and manufacturing centers around the world must rely on automation, machine learning, computer vision, and other fields of AI to meet these rising demands and transform the way we make, move, and market things. Since the industrial revolution, factories have been optimized to mass produce a few products rapidly and cheaply to satisfy global demand. "The largest inefficiency that most manufacturers face is inflexibility," says Jim Lawton, Chief Product & Marketing Officer of Rethink Robotics, maker of collaborative industrial robots.