Falkonry releases its 2019 Predictive Operations Readiness Report based on the results of 300 organizations who used a calculator developed by the company to assess their machine learning and artificial intelligence (AI) readiness. The results provide a look at where companies see themselves from a maturity level and were remarkably consistent across the globe, according to Falkonry.
Among the findings:
Predictive maintenance and quality/yield improvement are the important capabilities desired in digital transformation.
98% of companies expressed a medium or high industrial risk tolerance for new technologies.
A small majority of respondents stated they collect data and have historical data sets for analysis. Private clouds led on-premises in terms of where they expect to host AI/machine learning software.
Most company digital 4.0 efforts are being led by existing operations or engineering teams.
90% of manufacturing organizations have either identified a timeframe and/or budget for a pilot program.
Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.
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