The Future Starts With Industrial AI - AI Summary

Industrial digital transformation is critical to achieving new levels of safety, sustainability, and profitability--and "Industrial AI" is a key enabler of that change. Organizations are switching their focus from mass data accumulation to strategic industrial data management, homing in on data integration, mobility, and accessibility--with the goal of using AI-enabled technologies to unlock value hidden in these unoptimized and underutilized sets of industrial data. The rise of the digital executive (chief technology officer, chief data officer, and chief information officer) as a driver of industrial digital transformation has been a key influence on this trend. This has fueled the need for "Industrial AI," a new paradigm that combines data science and AI algorithms with software and domain expertise to deliver measurable business outcomes for the specific needs of capital-intensive industries. Industrial AI disrupts these industries by lowering barriers to adoption, offering new opportunities for industrial organizations to significantly reduce costs, improve efficiency, and transform their operations for the better.