Automation and Robotics companies are aiming at the integration of AI into machines to support companies and their workers through standardized processes, with everything from manufacturing to customer service. Specific benefits include:
- Efficiency and Accuracy: Robots equipped with AI can complete tasks quicker, more accurately, and better than their human counterparts. For example, AI can process data substantially faster than the human brain and can uncover insights far beyond our grasp.
- Real-time Course Correction: AI is a highly useful tool in robotic assembly applications. When combined with advanced vision systems, AI can help with real-time course correction, which is particularly useful in complex manufacturing sectors like aerospace and semiconductors.
- Autonomous Learning and Decision Making: Equipping robots with AI tools allows them to learn and make decisions autonomously and in real time through the use of algorithms and techniques that enable them to process information from sensors that connect them to their environment.
- 24/7 Availability: AI-powered robots and chatbots can be available to support customers 24/7 as they don’t need to sleep or eat.
- Neediness: In the next five years, our households and workplaces alike will be equipped with AI-enabled robots that will facilitate our day-to-day undertakings such as stock management, pre-orders, and cleaning.
These are just a few examples of how AI can benefit Automation and Robotics. The potential applications are vast and continue to grow as technology advances.
Here are the links to the companies in the field of “Automation/Robotics” and which we expected to impact the market with their technology and business strategy.