AI & Manufacturing

Unplanned downtime costs Australian businesses an average of $349,000 AUD per hour, significantly surpassing the global average of $194,000 AUD. Despite this substantial financial impact, many manufacturers continue to rely on reactive maintenance strategies, leaving their operations vulnerable to unexpected disruptions.

The Advanced Robotics for Manufacturing (ARM) Hub said it is contributing to efforts in supporting the adoption of artificial intelligence in Australia’s manufacturing sector, in line with the government’s expanded $73.3 billion National AI Capability Plan.

At the recent HUAWEI CONNECT 2024, Zhang Ping'an, executive director of the Board of Huawei and CEO of Huawei Cloud, emphasised the importance of adopting an "AI-native" mindset for enterprises worldwide.

Companies across Australia and New Zealand are increasing their investments in artificial intelligence (AI), recognising it as a key driver of growth and innovation, according to a new survey commissioned by Schneider Electric.

In the past year, artificial intelligence (AI) has surged forward like a digital renaissance, echoing the rapid and transformative rise of the Internet in the late 1990s. It has revolutionised industries and redefined our daily lives with extraordinary speed – and its impact is set to grow even more substantially in the coming years.

In the past year, artificial intelligence (AI) has surged forward like a digital renaissance, echoing the rapid and transformative rise of the Internet in the late 1990s.

Avnet, a global technology distributor, has announced the launch of its inaugural “AMD on Wheels” national roadshow in partnership with AMD and element14, bringing artificial intelligence (AI) and sustainable technology solutions directly to Australia’s manufacturing and innovation sectors.

The Advanced Robotics for Manufacturing (ARM) Hub is set to host an informative workshop on advanced manufacturing technologies on Thursday, 17 October 2024, from 1:00 PM to 4:00 PM AEST at Fitzys Loganholme. 

In a recent survey conducted by Universal Robots (UR), a leading Danish collaborative robot (cobot) company, over half of the 1,200 manufacturers surveyed across North America and Europe reported already integrating artificial intelligence (AI) and machine learning (ML) into their production processes. 

BST Global, a leader in AI-powered project intelligence solutions for the architecture, engineering, and construction (AEC) sector, announced the formation of its AI + Data Consortium.