Three Ways AI Is Helping Manufacturers

#artificialintelligence 

Thanks to the global supply chain and growth of middle-class culture, manufacturers are under tremendous pressure to make high quality goods that customer desire at a price they can afford. One technology that's increasingly being used to help manufacturers meet these requirements, grow their market share, and boost profitability is artificial intelligence. As MathWorks' Industry Manager for Industrial Automation & Machinery, Philipp Wallner has a front-row view into how some of the most advanced manufacturers are adopting technology, including modeling, simulation, digital twins, and AI. The company's two main offerings, the MATLAB statistical programming environment and SimuLink, which is used for modeling and simulation, are instrumental in meeting these goals. Based on Wallner's experience, there are three main ways that manufacturers are putting AI to use in their shops. Manufacturers typically run continuous operations, so any downtime for maintaining or repairing machinery directly impacts the bottom line.

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