AI has greatly impacted various industries, but will it have the same success in asset-intensive industries like industrial manufacturing? Industrial manufacturing has a history of adopting technology in silos, using specific technologies for individual purposes in different locations. However, research from The Futurum Group suggests that the latest AI-enabled smart manufacturing capabilities are beginning to extend the benefits of digitalization from the manufacturing floor to the entire company.
Organizations in industrial manufacturing are facing challenges such as shifting customer expectations and global supply chain constraints. In response, they are turning to emerging technologies like AI to enhance resiliency, improve worker productivity, and adapt to new business models. Many companies are rethinking their operational processes and adopting AI as a central component of their transformation efforts. However, starting with AI can be complex and require significant resources and a steep learning curve.
Manufacturers are increasingly embracing AI in modern business process solutions, cloud ERP, and other technologies to improve efficiency and pioneer innovative approaches. Companies like Bosch Rexroth AG are leading the charge by using enterprise architecture and business process management tools to democratize data access and create a more transparent business for collaboration and unified sources of truth. Similarly, Komax Group has elevated the value of integrating business processes and people by rethinking its technology foundation and implementing stable, reliable, and innovative cloud ERP that allows for future acquisitions and expansion.
FREYR Battery, a fast-growing sustainable lithium-ion batteries manufacturer, is taking advantage of AI and cloud ERP to optimize its operations. By implementing standardized processes from the beginning, the company has been able to avoid designing everything from scratch and ensure compliance with best practices. The integration of AI within the industrial manufacturing industry is driving a new era of opportunity and excellence, revolutionizing traditional siloed approaches and pushing companies to embrace digitalization on a larger scale.
Overall, the industrial manufacturing industry is undergoing a massive transformation as companies leverage AI and other technologies to adapt to the evolving market landscape. By embracing AI and digital transformation, companies in the industrial manufacturing sector are positioning themselves for success in a dynamic and competitive global market. The integration of AI within the industry is expected to bring about significant advancements and opportunities for growth, creating a more efficient and innovative manufacturing landscape.
