The industrial products industry is awash with data. Instrumentation, sensors, machinery, automation systems, production and operation, maintenance records, and health and safety applications collectively produce a constant flow of data. Industrial products enterprises need technology that supports the vertical delivery of insightful data throughout the organization, both to meet consumer needs and to aim for continuous process improvement. To address operating and market concerns – and deliver on the promise of Industry 4.0 – a small group of financial outperformers is using artificial intelligence (AI)/cognitive to do things differently. Here, they share their AI successes.

Featured findings

67% of surveyed industrial products CxOs expect AI/cognitive to play an important role in their organizations' future
64% of surveyed CxOs from outperforming industrial products companies have already begun investing in AI/cognitive capabilities
89% of surveyed CxOs from outperforming industrial products companies say they plan to invest in AI/cognitive for quality control

About the authors

José R Favilla

José R Favilla
Worldwide Director for Industrial Products

Spencer Lin

Spencer Lin
Global Chemicals and Petroleum and Industrial Products Lead
IBM Institute for Business Value

Manish Chawla

Manish Chawla
Global Industry General Manager for Industrial Products

David Dickson

David Dickson
Leader, Industrial Products Industry Strategy

Jayant Kalagnanam

Jayant Kalagnanam
Distinguished Research Staff Member, IBM Research
Chief Scientist for Industrial Products, IBM Global Business Services

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