We outline the market outlook for factory analytics and artificial intelligence in advanced manufacturing — from investment trends, to leading companies, to recommendations for players in the space.
What are factory analytics and artificial intelligence?
These platforms allow engineers, managers, and operators to oversee the manufacturing floor virtually. Dashboards provide insight across manufacturing functions, including process optimization, employee workflow, and system maintenance.
Vendors in the factory analytics and artificial intelligence (AI) space typically focus on improving equipment uptime, increasing production efficiency, and reducing quality defects.
Features & capabilities
Factory analytics and AI provide advanced manufacturing leaders with several capabilities, including the following:
- Integrated cloud platforms
- Equipment monitoring
- Automatic alerts
- Data analysis and visualization