Across every industrial sector, dynamic and intuitive machines are changing how businesses operate. Unlike traditional rules-based technology, these flexible machines and processes adapt to dynamic environments and changing variables. Imagine a production line where robotic arms install electrical components in machines. Typically, the arm would have to pause if a part wasn’t oriented correctly on the production line. But with dynamic, adaptable technology, the arm can adjust its movement to easily install the part no matter how it’s positioned.
This isn’t technology from some distant future. From drones that inspect pipelines independently to self-optimising greenhouses, there are countless examples of intelligent technologies impacting the world today. Just as steam and electricity 17-20% productivity gains realized by manufacturers that implement intelligent systems2 revolutionised industry a century ago, AI-based technology is fueling the fourth industrial revolution, or Industry 4.0.