It has been talked about for decades, but can smart decision-making, aided by AI, boost productivity, accuracy and automation in factories?
Automation and robotics are well-established tools in many factories. But could these so-called smart factories be made even smarter by introducing AI?
The answer is a resounding yes. It is already happening across many sectors to enhance and refine existing processes and make accurate predictions as regards inventory, maintenance and other future needs. In short, AI could potentially be a game changer in the factory going forward, providing productivity gains and cost efficiencies and upping overall revenue.
Daniel Küpper, global co-lead of manufacturing and supply chain at BCG, says: “AI and GenAI, in particular, offer complementary use cases in areas like assistance, recommendations and autonomy that pave the way to the factory of the future.”
Indeed, BCG’s recent survey of manufacturers showed that executives rank AI – including GenAI – first among...