Report: Machinery Industry Could Boost Productivity by 50% Through AI and Digital Transformation
BOSTON—According to a new report from Bain & Co., machinery and equipment manufacturers have the potential to increase their productivity by 30% to 50% by adopting artificial intelligence, lean, digital, and sustainability innovations. Additionally, 75% of executives in the advanced manufacturing industry see adopting emerging technologies like AI as their top priority in engineering and R&D.