New Delhi, 19 May (IANS). About 93 percent of industry leaders from eight countries including India believe that manufacturing companies will fully integrate AI will increase competition capacity and they will gain an edge. This information was given in a report on Monday.
KPMG International report said that about 96 percent of the organizations have experienced operations and efficiency improvement and 62 percent have experienced a return on investment (ROI) of more than 10 percent, while 80 percent of organizations have invested in AI Knowledge and Skilling Training.
About 74 percent of organizations are using machine learning. At the same time, 72 percent of the predeactive-inflammation and 67 percent organizations are using agent AI.
Production and AI in AI Real-Time in the production and supply chains make it easier for predective-inflammatory and self-optimizing workflows.
According to ‘Intelligent Manufacturing Report’, AI can combine the cost of adaptation and intelligent commodity to provide a meaningful decision support system to provide client conjption pattern and global indexs such as internal and external data points.
Agentic AI can work focused by understanding demand and supply. Also, customer can improve delivery compliance by suggesting optimal inventory.
The report states that in the AI back office, AI finishes finance, procurement and HR tasks.
“AI is now an option but a strategic requirement,” AI in the industrial manufacturing of KPMG in India and National Sector Leader.
According to 77 percent of the industry’s leaders, the adoption of AI is the most impact on R&D and IT works. However, its effect is also spread over the value chain, with 70 percent of the people said that the operations have improved due to AI being involved in the main commercial functions.
The report said that 89 percent of the people believe that employees are adopting AI tools and technology rapidly.
-IANS
SKT/ABS
