Can AI Enable Smart Factory and Realize Industry 4.0 Vision?
Accelerate Digital Journey for Manufacturers with AI Automation Smart factory technologies that leverage the industrial internet of things (IIoT), edge computing, autonomous vision systems, and AI and Machine Learning can significantly improve cost, throughput, quality, safety and provide revenue growth. Despite the benefits, a recent Deloitte survey showed that only 5% of US manufacturers had fully converted at least one smart factory, while about 30% reported ongoing smart factory initiatives. AI is critical for Smart Factory enablement, and Implementing AI in industrial operations is challenging. Many solutions are designed for greenfield (new factories) projects and do not address complex data management, challenging legacy machinery integration, enterprise security requirements, real-time analytics, and the capability to handle thousands of models in the production environment. A fundamental problem is finding skilled people to develop and deploy AI. Global manufacturing leaders often rely on citizen data scientists – subject matter experts with domain knowledge…
