Are you ready for next-gen industrial AI?

Are you ready for next-gen industrial AI?

Artificial intelligence (AI) has tremendous potential in industrial applications. Now, the challenge is about turning that potential into business value at scale. This will involve creating novel processes and overcoming new and interesting challenges, many of which are more human than technical. 

Would you trust the algorithm?

A bad decision in an industrial context can have serious consequences. So when a senior engineer disagrees with a recommendation from an advanced AI system, how will organizations decide? To what extent will organizations trust AI to control critical systems? To understand the attitudes, benefits and barriers to implementing AI, Siemens partnered with Longitude Research to survey over 500 senior executives from energy, heavy industry, infrastructure and transportation. Their responses offer a unique insight into the future of industrial AI.

The research explores five factors driving next-gen industrial AI

  • Artificial understanding:
    AI’s ability to integrate data and use contextual data will lead to powerful use cases.
  • AI everywhere:
    The Internet of Things, edge computing and embedded intelligence will drive greater predictive power, more autonomous machines and richer simulations.
  • Smart data exchanges:
    Next-gen AI breakthroughs will depend on organizations sharing data. Who will share with whom?
  • Human-AI collaboration:
    As AI evolves from tools to colleagues, what happens when humans and AI disagree?
  • Managing AI safety concerns:
    Our machines, vehicles, and equipment are becoming autonomous. How can we trust AI and ensure that it makes safe decisions?

Benefits and barriers of AI adoption in industrial organizations

Over the next three years, as industrial organizations increase the adoption of artificial intelligence (AI), many of the long-standing barriers to progress will fall in significance. According to the respondents, data integration and quality issues will fall the most, from 73% saying this is a major or moderate barrier today, to 31% by 2022. At the same time the advance of next generation AI applications will see many more organizations benefit. In the visualization below you can explore how respondents rated several specific barriers and benefits, both for today and for three years’ time.

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