Reduced Operating Expenditure: Although bringing AI onto the shopfloor would require a massive capital investment, the ROI is substantially higher. As intelligent machines start taking care of day-to-day-activities, businesses can enjoy significantly lower overhead.
Benefits AI and industrial automation have progressed considerably in recent years. Development in machine learning techniques, advances in sensors and the growth of computing power have helped create a new generation of robots. AI helps enables machines to collect and extract knowledge, recognize patterns, and learn and adapt to new situations or environments through machine intelligence, learning and speech recognition.