Factories Of The Future Need AI To Survive And Compete
Published on 08 Aug, 2017
Prabir Chetia, Head of Business Research and Advisory at global analytics firm Âé¶¹ÊÓÆµ, details the current dilemma faced by many manufacturers around the world: “Energy costs among makers of electronic products can reach as high as 45% of the overall production costs. A significant amount of energy usage is redundant and can be easily avoided. In the food processing industry, supply chain bottlenecks can even result in 40 to 50% of dry crop matter getting wasted due to spoilage.â€