Goto

Collaborating Authors

10 Ways AI Is Improving Manufacturing In 2020

#artificialintelligence

Perceiving the pandemics' hard reset as a chance to grow stronger, more resilient, and resourceful dominates manufacturers' mindsets who continue to double down on analytics and AI-driven pilots. Combining human experience, insight, and AI techniques, they're discovering new ways to differentiate themselves while driving down costs and protecting margins. And they're all up for the challenge of continuing to grow in tough economic times. Boston Consulting Group's recent study The Rise of the AI-Powered Company in the Postcrisis World found that in the four previous global economic downturns, 14% of companies were able to increase both sales growth and profit margins as the following graphic shows: AI Is Core To Manufacturing's Real-Time Future Real-time monitoring provides many benefits, including troubleshooting production bottlenecks, tracking scrap rates, meeting customer delivery dates, and more. It's an excellent source of contextually relevant data that can be used for training machine learning models.


Army of women earning $4 a day could be behind your next iPhone

#artificialintelligence

By Saritha Rai On a steamy summer morning, dozens of buses pull up outside a cluster of low-slung, blue buildings in Andhra Pradesh. Women dressed in colorful salwar kameezes disembark, their dupatta body scarves billowing as they make their way past hibiscus bushes and posters proclaiming, "Our aim, no accident." The night shift at Foxconn Technology Group's mobile phone plant in Sri City is ending, and thousands of young women are punching out as others stream in to replace them. One of the arrivals is Jennifer Jayadas, a tall, slim 21-year-old who lives several miles away in a two-room hut with no running water. After gobbling down a free breakfast of chapatti flatbreads with a potato-and-pea curry, she dons a checked white hat, apron-shirt, static-resistant footwear and tiny finger gloves.


10 Ways AI Is Improving New Product Development

#artificialintelligence

From startups to enterprises racing to get new products launched, AI and machine learning (ML) are making solid contributions to accelerating new product development. There are 15,400 job positions for DevOps and product development engineers with AI and machine learning today on Indeed, LinkedIn and Monster combined. Capgemini predicts the size of the connected products market will range between $519B to $685B this year with AI and ML-enabled services revenue models becoming commonplace. Rapid advances in AI-based apps, products and services will also force the consolidation of the IoT platform market. The IoT platform providers concentrating on business challenges in vertical markets stand the best chance of surviving the coming IoT platform shakeout.


10 Ways AI Is Improving New Product Development

#artificialintelligence

From startups to enterprises racing to get new products launched, AI and machine learning (ML) are making solid contributions to accelerating new product development. There are 15,400 job positions for DevOps and product development engineers with AI and machine learning today on Indeed, LinkedIn and Monster combined. Capgemini predicts the size of the connected products market will range between $519B to $685B this year with AI and ML-enabled services revenue models becoming commonplace. Rapid advances in AI-based apps, products and services will also force the consolidation of the IoT platform market. The IoT platform providers concentrating on business challenges in vertical markets stand the best chance of surviving the coming IoT platform shakeout.


How Audi uses artificial intelligence in production

#artificialintelligence

A pilot project being conducted at Audi's Neckarsulm site is using artificial intelligence to control the quality of spot welds in high-volume production. The solution is being advanced together with Siemens and Amazon Web Services as part of the Volkswagen Group's Industrial Cloud, and is set to be rolled out at other locations. Around 5,300 spot welds are required to join the parts that make up the body of an Audi A6. Up until now, production staff use ultrasound to manually monitor the quality of resistance spot welding (abbreviated WPS in German) processes on the basis of random analyses. However, experts from the fields of manufacturing, innovation management, digitalization planning, and IT are currently testing a much smarter way of determining the quality of spot welds at the Neckarsulm site.