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50% Downtime Reduction: The Power of AI in Manufacturing

The manufacturing sector faces significant challenges, including over half a million unfilled jobs in the U.S. and disruptions from geopolitical instability. Climate change adds pressure with frequent extreme weather and stricter environmental regulations. Advanced automation, driven by technologies like industrial AI, digital twins, IoT, and robotics, offers solutions. AI-driven predictive maintenance has shown the potential to cut downtime by up to 50%. Digital twins are also promising, with 77% of leaders expecting a 15% reduction in carbon emissions on average. Despite these benefits, widespread adoption of advanced automation remains slow due to workforce and financial barriers, particularly for small and medium enterprises and those with older facilities. Governments are responding with policies to boost high-tech manufacturing and reduce reliance on global supply chains. These efforts, combined with technological advancements, could pave the way for a significant shift toward advanced automation in the industry.

Source: www.technologyreview.com

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