I think the first thing to say is that AI no longer belongs to the future, it is very much part of the here and now, with the increase in AI software over 150 percent year on year and a predicted market value of 126 Billion US Dollars by 2025, we can assume this technology has cemented itself both on the shop floor and in the back office, developing new solutions and eliminating some of the most mundane of tasks.
We have a much better understanding of the advantages AI has given in our systems, analytics of shop floor data and the implementation of these solutions with the goal to achieve OEE in plants, both local and globally. AI and Automation / Robotics / Vision Inspection systems are working in tandem to both speed up processes and improve quality and quantity.
We see AI has having no emotions or ability to create, delivering from pre-fed data and past experiences, but we can also see that as an advantage as it leaves this skilled work in the hands of human beings to design and formulate, turning over the repetitive jobs to the AI frameworks for practical and accurate decisions.
ADVANTAGES OF AI
- ROCKS, AROUND THE CLOCK (Does not get tired or bored)
- REDUCES HUMAN ERROR
- TEACH, LEARN AND PREDICT
- SUPER FAST (Decisions / results in minutes rather than days)
- ACCURATE, ZERO FAULT
- REDUCES COST
- CUSTOMER SATISFACTION
- FREES UP KEY EMPLOYEES
Moving away from the shop floor one of the most exciting areas for AI is Document Automation
Most companies will have a manual process for entry of orders and invoices, this is an extremely time-consuming job, but now AI touchless document automation is stepping into this market with 100% data accuracy and 80% touchless.
This automation platform eliminates manual entry and approvals in the order fulfillment process, transforming complex unstructured data to create 100% accurate touchless documents, delivered seamlessly into the ERP.
One of the key players in this market and one that we are currently working with is CONEXIOM
To get a presentation, demo, understanding and business assessment from the CONEXIOM Team – contact us on the form below or call +44 (0) 7747 864890
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