Article By : Prophet AI
Taiwan is a renowned leader in advanced manufacturing, producing over 60% of the world’s semiconductors and more than 90% of the most advanced ones.
To successfully adopt AI in a manufacturing organization, it is optimal to initially train domain experts in AI applications, as this empowers them to lead AI adoption across the entire workforce.
These findings are part of a new report, “State of AI in Manufacturing in Taiwan 2024,” released by Profet AI, a Taiwan-based firm specializing in machine learning (ML) enterprise solutions for the manufacturing sector.
In a post-pandemic world, most manufacturers are experiencing unrelenting pressure to cut costs. Even though leaders widely recognize the potential of AI as a solution to this situation, many are still cautious with their adoption plans. According to the Manufacturing Leadership Council’s 2030 Industrial AI survey, only about 29% of companies have incorporated AI initiatives into formal plans or strategies. This is in spite of the fact that 96% of manufacturers have plans to increase their AI investments.
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