But what is the impact of artificial intelligence on the industry? In our article, we will understand how this technology is transforming the way companies in the sector operate in the market, bringing them more efficiency, business opportunities, and competitiveness.
IDC estimates that by 2025, the AI market in Portugal will have an average annual growth of 18%, representing more than 500 million euros. On the other hand, by 2026, 75% of large companies will implement AI-based tools to improve their efficiency, simplify supply chain processes, or enhance the quality of their products. This is an unprecedented opportunity for companies, allowing them to boost their growth, efficiency, and competitive advantage in the coming years.
6 Examples of Artificial Intelligence Applications in the Industry
AI has a very significant impact on various stages of the production process – from planning to maintenance and quality control to data analysis. Let’s look at some examples of practical applications of Artificial Intelligence in the industry.
Optimization of Production Processes
Through advanced data analysis and machine learning, AI allows for the identification of patterns and optimization of industrial process efficiency. AI algorithms can analyze large sets of sensor and machine data in real-time, enabling timely detection of potential production bottlenecks and proactive decision-making to minimize failures and waste.
Predictive Maintenance
By continuously monitoring the performance of machines and equipment, AI can predict failures based on historical data patterns. This allows companies to strategically schedule preventive maintenance and avoid unplanned downtime, leading to increased profitability and asset lifespan, as well as a significant reduction in operational costs.
Advanced Quality Control
Artificial intelligence in the industry also provides more advanced and precise quality control. AI-equipped computer vision systems can inspect products at high speed and with unmatched accuracy. Additionally,
Production and Logistics Planning
AI can be used to enhance production and logistics planning, considering factors such as market demand, raw material availability, and production capacity. Algorithms analyze real-time data and provide precise insights to optimize production planning, reducing costs and minimizing downtime.
Robotic Automation
AI plays a crucial role in robotic automation, applicable in various stages of the industrial process. Robots equipped with AI systems can perform complex and repetitive tasks with precision and efficiency, thus increasing productivity, improving workplace safety levels, and freeing teams for more strategic tasks.
Data Analysis and Strategic Insights
AI is a powerful tool for data analysis. By processing large volumes of information, this technology allows for the identification of patterns, trends, and insights that would be difficult or even impossible to gather through conventional methods. Based on reliable production data, these strategic insights can help companies make more informed decisions, driving innovation and competitiveness.
The Future of the Industry with Artificial Intelligence
Artificial intelligence presents a wide range of applications in companies across various sectors, and the industry is no exception. From production process optimization to data analysis and strategic insights, AI is radically transforming the market, leading to an acceleration of digital transformation processes that will bring numerous benefits to companies.
However, businesses do not have to – nor should they – make this journey alone. To fully leverage the advantages of artificial intelligence in the industry, your company can rely on the support of an IT partner like PONTUAL, which has over three decades of experience in technological solutions for companies, with a strong focus on industrial solutions, such as industrial software.
Enhance competitiveness, increase efficiency, and unlock new business opportunities with PONTUAL. Contact us to learn more.
