Industry 4.0 – Top 10 Companies That Use AI to Augment Manufacturing Processes
The modern technologies such as Artificial Intelligence (AI), Machine Learning (ML), Deep Learning, the Internet Of Things (IoT), and Cloud technologies, are bringing revolutions in the manufacturing industry.
Do you agree with me on this?
Yes, these technologies are enabling manufacturers to increase productivity as well as intelligently support and empower the field workforce.
Irrespective of the size of the industry, small, medium, and significant manufacturing industries are planning to invest in artificial intelligence technology to automate their manufacturing processes.
The use of AI and IoT is popular in the manufacturing processes along with Industry 4.0. Today, neural networks are used for solving many business problems such as sales forecasting, customer research, data validation, and risk management.
What is Industry 4.0?
Industry 4.0 is the latest digital industrial technology that is developed to bring automation in manufacturing processes. Industry 4.0 completely transforms the production environment.
Industry 4.0 has brought innovations and altered the existing production relationships between the machine and the workforce.
Below are the nine powerful technologies that strengthened this digital industrial technology.
- Big Data and Analytics
The collection, storage, and processing of vast amounts of data from different sources, production machinery, and enterprise and customer management systems will all play a vital role in making the best decisions that drive the overall productivity.
- Autonomous Robotic
Here is the answer for how robotics has changed manufacturing technology?
Self-assisting or self-directed or autonomous robots offer greater efficiencies in the production line. They will interact with the human workforce and perform repetitive specific tasks faster and efficiently. In addition, the robotic technology simplifies the logistics and supply chain management processes.
Simulations are widely used in plant operations to influence real-time data and to reflect the physical world in a virtual method, including humans, machines, and products. It enables operators to examine and optimize machine settings for other items in the virtual world prior to physical change, thereby increasing quality and reducing machine setup time.
Vertical and Horizontal System Integration
With Industry 4.0, businesses, departments, functions, and abilities become more coherent, as cross-firm, universal information integration networks increase and indeed launch automated value chains.
- The Internet of Things
The IoT-based sensors are very much useful for the manufacturers. The data produced by the sensors that are connected to operating machinery will help to know the system condition and device failures. In addition, the data collected by sensors will also be useful for predictive maintenance.
- Cyber security
As industry 4.0 enables increased connectivity and uses communication protocols to get the production systems inter connected, the need for protecting complex industrial information systems from unexpected threats increases.
Hence, cyber security plays a significant role in maintaining a secure and reliable network across your work premises.
- The Cloud Technology
Just imagine, if you have production units in various s locations, then how you’ll bring a centralized control system of all. It is possible through cloud technology. Centralized cloud solutions help you share data across your work locations.
In addition, cloud technology also enables advanced data-driven services that assist an organization in improving productivity.
- Additive Manufacturing Technologies
For achieving the best results in the end product, most of the manufacturing companies today are using additive manufacturing technologies such as 3D-printing. Along with industry 4.0, the additive manufacturing methods are used to deliver individual components.
Accordingly, augmented reality, simulations, and horizontal and vertical system integration technologies are all form building block of industry 4.0.
If we consider the applications and global acceptance of industry 4.0, it is connected directly to the manufacturing world, that’s why we can call it Manufacturing 4.0! After this innovation, the manufacturing industry is growing and transforming like never before.
AR-based systems support a wide range of services, including parts selection in the warehouse and repair instruction sending through mobile devices,
These augmented reality systems are still in their infancy, but in the future, organizations make extensive use of developed realities to provide real time data to workers to improve working processes and decision making as well.
In this blog, we are describing the best organizations that use Artificial Intelligence (AI) to augment manufacturing in the era of Industry 4.0.
Best Firms That Use Artificial Intelligence to Augment Manufacturing in The Era of Industry 4.0
Location: Chicago, Illinois, United States
How it uses Artificial Intelligence in manufacturing?
Uptake is engaged in the design and development of enterprise AI software for diversified industries. Manufacturing is also one of the primary industries.
The company aims to innovate new things by using the power of next-level manufacturing technology. Artificial intelligence is one of the best examples of advanced manufacturing technologies. Manufacturing tools that are developed using AI capabilities help industries deliver products with good production quality.
In addition, AI is the best and new computer science technology in manufacturing that integrates processes, machines, and data delivered by sensor equipment to enhance the overall process. Hence, Artificial intelligence technology in manufacturing optimizes operations and drives high productivity.
USM business systems are specialized in delivering AI solutions for industrial manufacturers. Our AI services and solutions bring innovation to your manufacturing processes. Gain profits by deploying the latest and emerging AI technology in the manufacturing industry.
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#2 VEO ROBOTICS
Location: Waltham, Massachusetts, United States
How it’s using artificial intelligence technology in manufacturing?
Veo Robotics specialized in integrating 3D sensing, computer vision, and AI to deliver manufacturing robots that work efficiently. It’s high-tech new manufacturing processes using AI technology helps its clients benefit from the most advanced AI manufacturing robots.
Location: Austin, Texas, United States
Mythic designs and develops the Intelligent Processing Units (IPUs) for a wide range of industrial devices. The company aims to develop IPUs that support AI robots and drones to better communicate and respond to real-time situations faster.
#4 SIGHT MACHINE
Location: San Francisco, California, United States
It developed an analytics platform for manufacturers. Sight Machine’s AI-powered analytics platform helps manufacturers to get valuable insights into their product manufacturing processes and improve entire business operations.
Currently, Google, GE, Nissan, and Nike are using powerful AI driven analytics platforms to improve their manufacturing procedures.
#5 AUTOMATION ANYWHERE
Location: San Jose, California
It is one of the biggest AI companies in California, United States. It builds Robotic Process Automation (RPA) platforms for various industries. In particular, manufacturing companies are using AI-enabled RPA platforms to automate the procurement, get insights, and manage and monitor the manufacturing processes efficiently.
#6 INVISIBLE AI
Location: San Francisco, California, United States
Invisible AI’s intelligent AI-platform provides better visibility into their manufacturing processes. Using cameras it allows manufacturers to monitor all operational areas frequently.
Later, an AI-powered system analyzes the footages and provides recommendations to enhance workforce productivity, safety, and productivity.
Location: New York
SparkBeyond is an AI-enabled research engine that detects patterns in complex datasets. It developed an AI manufacturing technology for helping manufacturers to get the data related to input such as text documents and geospatial, data and information related to World Bank and weather conditions.
Using all this data, SparkBeyond generates reports that assist manufacturers in making the best business and final decisions.
Location: San Francisco, California, United States
Oqton has developed a cloud-based and an AI-enabled open factory operating system that associates and enhances digital manufacturing procedures. The platform integrates generative design needs with hardware potentials. Hence, it provides production guidelines and combinations of different machines to improve productivity
#9 FERO LABS
Location: New York
Fero Labs is an industrial application of machine learning algorithm that helps to improve the manufacturing processes. Using the power of AI and machine learning, this intelligent Ai app in manufacturing detects hidden elements that are hampering the production volume. It also forecasts the device maintenance issues as well as boost energy usage.
Ford, Intel, and Microsoft all believe that AI-enabled applications bring innovations in manufacturing processes more efficiently than ever.
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#10 LANDING AI
Location: Palo Alto, California
Developing customized AI-platforms that solve all the needs of the manufacturing processes is the speciality of the company. This Ai-powered software gathers data, creates project goals, and performs predictive models to sustain better production levels.
If you want to build your name and establish in this digitized manufacturing industry, contact USM today!
Now, we will have a brief section on what are the trends of AI manufacturing? And what the future will look like with AI technology? Let’s start.
Top Trends of Manufacturing Industry with AI Introduction
A manufacturing company is said to be effective if it has a modest advantage over its rivals. This can be happened using AI technology. The impact of artificial intelligence technology in manufacturing will be expected to go beyond our expectations.
Moreover, using the power of computer visualization and IoT, AI impacts the manufacturing industry in multiple ways than our thinking boundaries.
Statistics of AI Market Growth
Here, we listed a few significant statistics on AI growth in manufacturing.
- The figure below depicts the impact of AI in various sectors by 2035.
- According to market reports, AI in manufacturing is expected to growth at a CAGR of approximately 50% between the years 2018 and 2025.
- Manufacturing hardware segment will be anticipated to observe the highest growth
- Computer science technologies like Machine learning, deep learning, and computer vision captures more demand in manufacturing along with AI.
- By 2035, AI in the manufacturing market to witness 36% of industry profits using the emerging technology.
The Future of Manufacturing Industry
The next era of global industrial manufacturing process will be with emerging AI and ML technologies. The changing processes of production and distribution in manufacturing using advanced technologies help manufacturers grow faster in this digital world.
Accordingly, increased demand for smart products will also be a driver for increased adoption of artificial intelligence and machine learning technologies in the future of manufacturing.
Let’s have a look at how artificial intelligence will help manufacturing industries in the future:
- Using AI robots bring automation across processes
- Ensure continuous production (24*7 productivity)
- Less human resource and hence saves costs
- Operational efficiency
- Let the workforce focus on an innovative task, as AI performs end-to-end human tasks
- Finally, it offers increased RoI for industries that implements AI strategies
USM Business Systems is moving towards delivering innovative and next generation AI-based mobility solutions to create a manufacturing industry smarter. From design and development to production and distribution, USM build an AI strategy for your smooth digital journey. Contact us today.
“Use artificial intelligence to reap the benefits from the smart manufacturing factory “