Artificial intelligence is ubiquitous. Every week brings a new technology that will supposedly automate your business process, increase your efficiency or disrupt an entire industry. However, while most advances in AI deal with improving digital processes, there are major opportunities to improve the physical world.
Each factory, warehouse, energy plant and logistics chain produces a huge amount of operational data. The problem here is not gathering information but making quick and intelligent decisions based on it.
*Automation vs. Artificial Intelligence
*
Automation relies on pre-existing rules: if certain criteria are met, a machine will perform a specific action. While such a system has led to major improvements in efficiency throughout the decades, it is not effective in dynamic environment.
AI-driven technologies have the ability to analyze continuously incoming data, find patterns, predict possible problems and suggest actions to take
even before any of these problems occur.
*How Connected Devices Are Altering Industrial Processes
*
The Internet of Things (IoT) now makes it easy to keep track of machinery, inventory, environmental factors, and assets in real-time. Sensors placed throughout the industrial facilities continuously provide useful operational data.
With the use of AI, companies acquire knowledge about their business that was previously unavailable without it. They can detect equipment in danger of malfunctioning, observe asset usage and create optimized workflows according to real-time operational conditions.
It creates a more connected and smarter business environment.
*Innovation Is Not About Just Having Good Technology
*
Technology is not an answer to any business problem. Innovation always starts with an identification of operational issues that need to be addressed by using certain technological solutions.
Modern businesses need reliable and scalable technology that can fit into their existing process flows. This is why many technological companies nowadays develop technologies that help solve certain operational issues
rather than just create new technologies.
These companies make businesses operate efficiently without disturbing their regular activities.
*Developing Useful AI Solutions for Industries
*
There is one of the most promising trends in industrial technology and it is related to establishing venture studios, which work on developing unique solutions using AI and IoT. As opposed to working on some generic software solutions, the products created here are aimed at helping businesses tackle some challenges.
So, if you want to learn how this kind of solution could look like, we recommend checking out the website of Aperture Venture Studio. They develop AIoT solutions, which help increase visibility, automation, and intelligence in industries.
*What Lies Ahead
*
While the future of the industry is not associated with the amount of connected devices and AI solutions that businesses deploy, but rather with the way how the technology is used to help people make better decisions.
Organizations which combine the use of connected infrastructure and intelligence will have a lot of advantages over other businesses.
Industry 2.0 is intelligent, connected, and operational.
Top comments (0)