Metals 4.0 technology has seen artificial intelligence (AI) lead metals companies to experience digital transformation, but not everyone is quick to invest. Why is that?
While many metals leaders are investing in cloud-based technologies like enterprise resource planning (ERP) systems, some struggle with understanding AI and machine learning (ML) and how that technology can help. Instead, they find themselves facing a lack of confidence to invest, thanks to many unanswered questions:
- Can our metals company use AI and ML?
- How can we avoid adoption failure?
- How can we maximize the return on investment (ROI)?
- How complex are AI and ML to use?
Leaders in the metals industry need to move beyond the proof of concept for AI and ML – they need to see proof of value.
What are the benefits of AI and ML for metals companies?
With access to metals-specific ERP solutions that include AI and ML, metals companies can lead their market by decreasing costs, increasing efficiency, and capitalizing on new opportunities. But knowing where to start is often the most challenging issue facing metals companies.