How Machine Learning boosts manufacturing industry profits

Meet the Source of Growth in Today’s World

Artificial Intelligence (AI) technology, including machine learning, is projected to have a favorable impact on the global economy. A recent PwC report stated that, due to AI capabilities, the global GDP will be 14% higher by 2030. Machine learning (ML), also commonly known as machine intelligence or advanced expert systems, will enable industries and businesses to advance their current capabilities.

BitRefine group shows that machine learning has the potential to save costs and increase profitability by an average of 8% and to lead to an economic boost of $1 trillion across traditional manufacturing sectors.

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