03-13-2018 05:08 PM CET - Advertising, Media Consulting, Marketing Research

Artificial Intelligence in Manufacturing - Era of Digital Transformation of Machinery

Press release from: Xpodence Research

As a result of previous three industrial revolutions, manufacturing industries were benefitted through mechanization, automation, and mass production. After the implementation of Industry 4.0, Artificial Intelligence along with machine learning is gaining heavy traction in the manufacturing sector. Industry 4.0 has resulted in making manufacturing “smarter” with the use of advanced technologies such as IoT thus, enabling companies to modernize their production process and supply chain management.

The digital transformation of manufacturing as well as supply chain helps in directly analyzing data from factories using advanced technologies including, Artificial Intelligence and machine learning. This results in gaining efficiency. The customers can choose from a wide variety of goods, to the point of mass customization enabling them to design their own product. With the rising competition and advancements in technologies, customers are turning to be more demanding and choosy, looking for unique and personalized products over standardized products. Thus, manufacturing industry worldwide is utilizing machine learning, automation, computer vision, and other AI fields to fulfil the increasing demands by transforming their manufacturing processes.

PDF Sample For Latest Industry Trends - www.xpodenceresearch.com/Request-Sample/105620

Companies are implementing these technologies to lower their manufacturing costs apart from catering choosy customers. Even affordable countries such as China and Mexico are also witnessing increased cost of production owing to downfall in the oil & gas industry, resulting in need for further cost reduction and efficiencies. Generally, in most of the factories, unexpected equipment downtimes and failures, poor demand forecasting, unsafe and inefficient workplace processes as well as bottlenecks in supply chain may lead to longer production cycles, wastage of resources, and low yields thereby, resulting in revenue loss. Thus, adoption of Artificial Intelligence is emerging to eradicate these issues. Also, shortage of skilled labor faced by major industries can be tackled with the help of implementing Artificial Intelligence.

Obtain Report Details @ www.xpodenceresearch.com/Reports/Artificial-Intelligence-...

About Us-

Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.

We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.

The organizations in every industry such as Technology, Pharmaceuticals, Consumable Goods, Food & Beverage and others demands a market-based solutions for various significant decisions based on productivity and output globally. Our services are tailored specifically to our clients by proposing them the potential outcome, based on our in-depth analysis and insights for exploring the growth strategies through providing the best possible decision for quality production.

Contact Us-

Xpodence Research
USA Office
244 , Madison Avenue
New York City, NY - 10016
United States
UK Office
109 ,Straford Street,Leeds
West Yorkshrie LS11 6JG
United Kingdom
Toll Free +1- 844-445-2861

This release was published on openPR.
News-ID: 977107 • Views: 428
More releasesMore releases

You can edit or delete your press release here: