AI Articles and Analysis in Heavy industry

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This article is co-authored by Rudrendu Paul

Global supply chains face mounting disruptions - pandemic aftershocks, geopolitical conflicts like the Ukraine war, climate events like flooding in Malaysia, and cyber-attacks - all of which have created massive bottlenecks. According to the World Economic Forum, global supply chains are facing the worst shortages in 50 years due to the pandemic and the war in Ukraine.

Edge AI, also known as edge intelligence, is a term that refers to the convergence of two dynamic technological trends: edge computing and Artificial Intelligence. In today's tech landscape, the proliferation of mobile devices and advancements in communication technologies have fueled the rise of edge computing, which focuses on processing data at the network edge. 

Bosch is a German multinational technology and engineering company headquartered in Gerlingen, Germany. Bosch manufactures products across various industries, including aerospace, automotive, energy and utilities, healthcare and others.

DHL is a German logistics company that offers parcel delivery, express mail, freight forwarding, and third-party logistics. Its parent company is Deutsche Post (‘DPDHL’), the world’s largest logistics enterprise, operating in over 220 countries and employing more than 510,000 people worldwide. 

The manufacturing industry has changed in recent years. Humans on the shop floor have always used their senses and experience to anticipate machine failure before it occurs. Now, AI can be used in conjunction with human expertise.

ExxonMobil is the largest investor-owned company in the world and the largest oil company by revenue in the Western world.

While the steel industry may not be synonymous with AI adoption, steel manufacturers are not different from any other business in ensuring efficiency in their output and throughput. There are almost certainly opportunities for AI implementation across an industry worth hundreds of billions of dollars that currently lags behind in adopting AI technology.