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Stock impact report

The Future Of Smart Manufacturing Takes A New Turn With AI [Forbes]

FREYR Battery, Inc. (FREY) 
Company Research Source: Forbes
From increasingly sophisticated large language models to impressive analytics capabilities, AI has demonstrated that it's much more than a passing trend. But will that be true for asset-intensive industries like industrial manufacturing? Industrial manufacturing has a record of adopting technology in silos. Automation is driven by robots on the factory floor. New business models are introduced with IoT sensors in machines, while shipments are tracked with RFID codes. Each of these cases emerged from a focus on applying specific technologies in one location or factory for a single purpose. An increasing number of manufacturers are already embracing AI in modern business process solutions, cloud ERP, and other technologies. As a result, these industry players of various sizes and growth stages are not only improving efficiency but also pioneering innovative approaches to meet the demands of a dynamic market. But, according to research from , change is on the horizon. The latest A Show less Read more
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