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The UR survey confirmed firms are more and more utilizing AI and machine studying, and digitalization, of their companies. | Supply: Common Robots
The synthetic intelligence market is projected to succeed in $407 billion by 2027, with an annual progress fee of 37.3%, in keeping with Forbes. To make clear this rising market, Common Robots A/S, or UR, not too long ago requested practically 1,200 producers throughout North America and Europe how they use the know-how and the way they plan to take a position sooner or later.
Greater than 50% of respondents mentioned they already use AI and machine studying of their manufacturing.
“AI isn’t simply hype,” said Anders Billesø Beck, vice chairman for technique and innovation at Common Robots. “Although it might solely have grow to be a standard subject of dialog throughout the final two years, AI and machine studying are actually crucial drivers of innovation and effectivity in immediately’s manufacturing.”
Trying ahead, 48% of producers plan to additional put money into AI and machine studying by 2025, indicating that these applied sciences will proceed to play a pivotal function in the way forward for manufacturing. With a confidence fee of 99%, the survey gathered responses from seven completely different nations in Europe and North America.
The contributors represented 569 giant enterprises and 278 small and midsized firms. They got here from varied industries, primarily manufacturing, healthcare, meals and beverage, and automotive.
Common Robots mentioned the survey reveals that AI and machine studying are acknowledged as crucial applied sciences for present operations and future investments. The Danish collaborative robotic firm predicted that AI-powered robotic techniques will grow to be extra prevalent throughout industries.
Contained in the UR survey outcomes
The UR survey confirmed concern for return on funding was the best concern for respondents. | Supply: Common Robots
Common Robots additionally mentioned the survey signifies the evolving significance of digitalization, with 47% of producers at present utilizing applied sciences just like the Web of Issues, cloud computing, and digital twins. These instruments might help producers optimize operations, cut back downtime, and save prices by way of simulations and predictive upkeep.
Digitalization additionally permits producers to shift in the direction of extra resilient, high-mix manufacturing fashions that higher meet market calls for, mentioned UR.
Over 50% of respondents recognized bettering product high quality, rising productiveness, and enhancing accuracy as prime causes for embracing new applied sciences. UR asserted that this demonstrates business’s dedication to utilizing robotics and AI to enhance efficiency and competitiveness available in the market.
As well as, 30% of producers surveyed mentioned they’re utilizing know-how to enhance working circumstances, and 26% are pushed by sustainability objectives.
Whereas return on funding (ROI) stays the first concern for 32% of producers, different elements comparable to usability, in-house experience, security, and potential disruptions have been additionally important (throughout 20%).
As automation and AI acquire extra traction, producers have more and more prioritized ease of use as a key issue when investing in applied sciences. Forty-seven p.c of respondents mentioned that it’s of best significance to them that applied sciences are easy to combine and function.
This was intently adopted by reliability. Different elements cited by the survey respondents embrace modularity, sustainability, quick deployment, and predictive upkeep.
Editor’s observe: Eric Truebenbach, managing director of Teradyne Robotics Ventures, will take part in panels on the way forward for robotics innovation and robotics funding traits at RoboBusiness 2024, which shall be on Oct. 16 and 17 in Santa Clara, Calif. Teradyne is the father or mother firm of Common Robots and Cell Industrial Robots.
