Wednesday, 18 July 2018

These 3 business functions will be the first to benefit from artificial intelligence by Bas de Vos via @infomgmt

The key to success lies in combining machine and human intelligence says the director of IFS Labs.

Three examples of areas that wil benefit hugely from the implementation of AI and ML in order to get some kind of benefit, cost saving or advantage. I can definitely see the second example in this article being very worthwhile. Adding IoT, AI and ML together in a manufacturing environment huge savings could be made around maintenance (both preventative, predictive as well as a break/fix scenario). Minimising downtime is key to saving lost revenue and I'm convinced it costs less to fix a problem just before or as soon it appears as opposed to after it has occurred and the chance of associated breakages that are caused by the original problem.

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