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Know-How and Expertise: European Companies Hoping to Take the Global Lead in Industrial AI

Der Spiegel International

Rückert's focus, though, is on more proactive AI applications that can make decisions on their own and control processes. Such AI agents, she believes, will give industry a boost comparable to the erstwhile advances triggered by smartphones and the internet. If a machine breaks down, the agent will check if the same problem has already been experienced in a different Bosch factory, examines handbooks and scans shift logs – before then proposing a possible solution within seconds. For more complex tasks, several agents can be combined, which then communicate with each other. Comprehensive use of such tools, says Rückert, can translate into millions in savings for individual factories.


Data Issues in Industrial AI System: A Meta-Review and Research Strategy

Li, Xuejiao, Yang, Cheng, Møller, Charles, Lee, Jay

arXiv.org Artificial Intelligence

In the era of Industry 4.0, artificial intelligence (AI) is assuming an increasingly pivotal role within industrial systems. Despite the recent trend within various industries to adopt AI, the actual adoption of AI is not as developed as perceived. A significant factor contributing to this lag is the data issues in AI implementation. How to address these data issues stands as a significant concern confronting both industry and academia. To address data issues, the first step involves mapping out these issues. Therefore, this study conducts a meta-review to explore data issues and methods within the implementation of industrial AI. Seventy-two data issues are identified and categorized into various stages of the data lifecycle, including data source and collection, data access and storage, data integration and interoperation, data pre-processing, data processing, data security and privacy, and AI technology adoption. Subsequently, the study analyzes the data requirements of various AI algorithms. Building on the aforementioned analyses, it proposes a data management framework, addressing how data issues can be systematically resolved at every stage of the data lifecycle. Finally, the study highlights future research directions. In doing so, this study enriches the existing body of knowledge and provides guidelines for professionals navigating the complex landscape of achieving data usability and usefulness in industrial AI.


AI's true goal may no longer be intelligence

#artificialintelligence

AI has been rapidly finding industrial applications, such as the use of large language models to automate enterprise IT. Those applications may make the question of actual intelligence moot. The British mathematician Alan Turing wrote in 1950, "I propose to consider the question, 'Can machines think?'" His inquiry framed the discussion for decades of artificial intelligence research. For a couple of generations of scientists contemplating AI, the question of whether "true" or "human" intelligence could be achieved was always an important part of the work.


4 Ways Industrial AI Will Reshape Manufacturing in 2022 - RTInsights

#artificialintelligence

For many years now, we've heard and read about how "next year" will be the breakout year for AI. And in a way, that's always true – each year marks a new level-up in AI's ability to optimize traditional business operations and streamline work for the better. These year-after-year improvements have also further refined AI, for more fit-for-purpose applications that drive new value in specific use cases. Industrial AI is the latest iteration of this phenomenon, applying AI's processing to specialized applications in a manufacturing world rapidly undergoing profound digital transformations. Just as 2020 and 2021 marked new evolutions in artificial intelligence, 2022 promises to see industrial AI turn a major new corner in how the manufacturing sector draws on AI applications to tackle the problems of today and create new value-adding layers to their organization and ways of working.


The role of industrial AI in 2022 - Information Age

#artificialintelligence

The term Artificial Intelligence (AI) has been popularised by companies such as Google and Amazon and often draws connotations of robots, natural language assistance or self-driving cars. Whilst all of these are popular examples of the more interesting use cases for AI, the oftentimes invisible technology is already starting to impact everyday life. In the industrial world, AI is a technology we're increasingly finding uses for and one that will be a big focus for companies in 2022. For industrial applications, AI combines data science with machine learning and domain expertise to perform a wide variety of critical functions that may range from monitoring essential infrastructure to ensuring that machinery continues to operate as optimally as possible. To fully realise the benefits of AI, industrial companies must work to understand which processes can benefit most from AI and focus on a highly specific set of potential operational efficiencies, quality gains and safety enhancements.


The five P's of industrial AI that power digital twins - Information Age

#artificialintelligence

Over the past 20 years, artificial intelligence (AI) has significantly transformed industry, taking an organisation's ability to optimise processes and proactively detect and solve problems to a whole new level. As a result of the increasing adoption of digital transformation, AI continues to provide benefits across a range of industrial processes. This has resulted in the extensive use of digital twins – virtual representations of physical objects, systems or factories that are created through data gathered from Internet of Things (IoT) devices, advanced computer systems and digital processes. AI is the brain behind the digital twin. By applying various forms of AI – such as neural networks, computer vision, and machine learning – in different ways, it can create targeted solutions presented in the form of analytics.


Top 10 Artificial Intelligence Summits and Events for 2022

#artificialintelligence

Conferences, summits, or events are gatherings of like-minded people and industry peers. These summits bring people together from different geographical regions who share a common discipline or interest to discuss innovations, techniques, unpublished data, or to learn new things from thought leaders that they may not have known previously. Artificial intelligence summits and events have been gaining popularity with the rising demand for technology in the different industries. In this article, we have shared a list of some of the top upcoming artificial intelligence summits and events for 2022 that tech enthusiasts should attend. The ICAIE will be held in January 2022, which will mark its second year as the industry witnesses the development in the field of artificial intelligence in education.


Council Post: Industrial AI Is Here, But Is Your Organization Ready For It?

#artificialintelligence

What is your industrial AI readiness? That's a question that's top-of-mind for many industrial executives lately -- and simultaneously one that has not taken on enough importance for many others. While AI, machine learning and other means of automation have swept through industries, including the industrial sector, in recent years, AI still too often gets treated as an add-on technology. But AI isn't something to be tacked onto an existing framework; it has to be treated as the strategy itself. This is especially true for industrial AI.


The Future Starts With Industrial AI - AI Summary

#artificialintelligence

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.


The future starts with Industrial AI

MIT Technology Review

Today's industrial organizations, and especially those in capital-intensive industries, stand at a crossroads for opportunity. They recognize the need to reinforce their industrial operations and complex value chains with greater resiliency, flexibility, and agility to respond to shifting market conditions. At the same time, they're investing in autonomous and semi-autonomous artificial intelligence (AI) capabilities to realize their vision of the digital plant of the future--the "Self-Optimizing Plant." Generational shifts in the workforce are creating a loss of operational expertise. Veteran workers with years of institutional knowledge are retiring, replaced by younger employees fresh out of school, taught on technologies and concepts that don't match the reality of many organizations' workflows and systems.