More than three quarters of managers from the manufacturing industry surveyed worldwide plan to increase their budgets for artificial intelligence (AI) over the next twelve months - with clear expectations of the economic benefits: Almost two thirds already report a return on investment (ROI) of more than 10 per cent, while one third even expect an ROI of more than 30 per cent in the short term.
Our white paper "Intelligent Manufacturing" sheds light on how companies can increase efficiency, growth and competitiveness through targeted AI integration - and what prerequisites they need to create to achieve this.
Key findings of the study:
AI investments are increasing in the manufacturing industry - but so far mostly on a moderate scale
The manufacturing industry is in the midst of a dynamic investment cycle in artificial intelligence. Around a third of companies are already spending more than 10 per cent of their total IT budget on AI technologies. And the trend is continuing: the majority are planning to increase their spending further over the next twelve months, often by more than ten per cent.
A majority of manufacturing companies are aiming to increase operational efficiency through the use of AI
Percentage of respondents whose companies want to achieve the following goals through the use of AI
The manufacturing industry primarily uses AI to speed up decision-making and reduce business risks.
Percentage of respondents whose organisation has achieved the following benefits through the use of AI
How you can benefit from your AI transformation journey
In addition to the results of the survey, "Intelligent Manufacturing" offers a practice-oriented AI roadmap for the manufacturing industry - developed on the basis of extensive analyses and the industry experience of our experts.
It supports manufacturing companies in tapping the potential of artificial intelligence in a targeted manner and systematically integrating it into industrial operations. The roadmap is divided into three phases that build on each other:
Your contacts
Serjoscha Keck
Partner, German Head of Industrial Manufacturing, Head of Tax Region Hanover/Bielefeld/Münster
KPMG AG Wirtschaftsprüfungsgesellschaft
Oleg Brodski
Partner, Consulting, Head of Lighthouse Germany - AI & Data Solutions
KPMG AG Wirtschaftsprüfungsgesellschaft
Prof. Heiko von der Gracht
Department Head, Head of Technology Foresight, Technology Services
KPMG AG Wirtschaftsprüfungsgesellschaft
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