Recent Developments in Artificial Intelligence and Machine Learning

With recent developments in artificial intelligence and machine learning, robots are becoming increasingly flexible and are available at a fraction of the cost of those used in manufacturing environments. Robots can be trained by workers to perform tasks that were previously perceived to be significantly tough for machines. As the complexity and cost of automating tasks with robots decrease, it is likely that the companies already using robots will increase the adoption of robots for varied applications. Thus, the impact of robotic technologies is expected to grow considerably with time, along with improved levels of interaction between robots and humans. The introduction of robots in the manufacturing industry has rapidly transformed the process of production, further leading to a growing demand for more automated solutions (both hardware and software) to increase visibility in the manufacturing process for increasing theoverall production and decreasing the production cost.

View BIS Report: Smart Factory and Manufacturing Market

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