AI in Production

Abstract

As we live in the era of the Fourth Industrial Revolution (also known as Industry 4.0), which is rapidly transforming all production processes. The introduction of artificial intelligence technologies has inevitably changed the way goods and services are planned and produced.

Perhaps the best word to describe Industry 4.0 is Digitalization, as it combines resources, information, and people using modern digital systems. As we know, historically, manufacturing was a field where people were taught to think like machines. However, with the advent of Digitalization, this approach has changed and now machines are quite successfully learning to think like humans.

The article presents those areas (resource procurement, production itself, logistics, sales, marketing, quality management, planning, predicting equipment failure processes, etc.) where the world's leading companies use the achievements of artificial intelligence in one form or another, presents the positive aspects of its use (a) product quality, b) production process quality; c) production safety quality; d) production system management quality) and threats (high cost of implementing artificial intelligence; lack of experienced specialists; data quality) that business operators must definitely pay attention to, and also, we discuss the examples of several foreign companies.