(AI) may have meant to you sci-fi movies with computers performing unbelievable tasks or smart robots. While that is part of AI, AI is more beneficial in everyday sectors, helping machines perform what manpower once did. With the urgent need to propel societies and businesses to use modern technology to revamp their working by shifting towards automated processes. A research says that around 7% of US jobs are likely to be replaced by robots, automation, artificial intelligence, and machine learning.
The ever-evolving dynamics of the manufacturing sector has given rise to the need to innovate constantly and respond to developments in a short time. Moreover, cost feasibility and quality has to be paid attention to. The integration of all shop floor functions is critical to maintain an optimal environment in the manufacturing sector.
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AI in Manufacturing
AI has founded its foot in a plethora of industries including but not limited to banking, retail, commercial, gaming, as well as government functions. It is now penetrating the manufacturing sector focusing onof industries by paving a convenient future with newer opportunities, enhance production efficiencies, and by replacing human interaction with equally efficient machine interaction. The creation of new ways to automate tasks can restructure the living environment of humans and machines thus bringing around a stronger digital economy with the onset of Fourth Industrial Revolution that calls for automation.
Moreover, AI will help deal with challenges like scarcity of expertise, integration issues, decision complexity, and information overload which are all plaguing the industry. Here is what AI, when adopted on the shop floor, will help the manufacturing sector to achieve:
Using robots and AI is appealing in manufacturing sector in Industries as it aims to be revolutionary for mass-production due to the property of doing repetitive tasks with accuracy. They can streamline the production model, eliminate human error, ensure quality products despite the increased capacity of production.
Humans can work only a certain amount in a day whereas machines can work without rest 24/7. Businesses can thus automate manufacturing and meet customer demands in time.
-Safer Working conditions
We’ve all heard of mishaps with humans working in manufacturing sector. With reliance on machines and robots, the dangerous works do not cause risk of life for human co-workers.
-Reduced operating expenditure
While the one time capital investment may be massive, the return on Investment too is higher. The businesses having switched to AI for day to day activities will incur minimal overhead costs.
-Newer opportunities for Humans
With AI adopted on the shop floor, humans can rather focus on the innovative aspect of the job leaving the repetitive tasks for the automated machines to carry out. Thus physical labor can be reduced and innovation can be enhanced.
The growth of computing power, development in machine learning techniques, advancement in sensors have lead to a new generation of robots bringing incredible progress in the field of artificial intelligence and industrial automation. AI enables the machines to extract and retain knowledge, learn and adapt to environments through learning and speech recognition as well as machine intelligence and to recognize patterns for better work efficiency. Thus manufacturer using AI can:
- Enhance production outcomes
- Improve efficiency of process
- Reduce operational costs
- Enable greater scalability
- Make quicker, data driven decisions
- Facilitate product innovation
With the speed at which Fourth Industrial Revolution is traversing and spreading, the technology is now at our fingertips playing an important role in scaling up the businesses. This in turn is enhancing efficiencies and production thereby driving success in the multiplying digital economy existing today.