DigitalCIO
No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
DigitalCIO
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
No Result
View All Result
Digitalcio
No Result
View All Result
Home Tech News

NTT Data: GenAI used for the development of smart factories

DigitalCIO Bureau by DigitalCIO Bureau
May 1, 2025
in Tech News
0
L&T Tech Services Accelerates Transition to Smart Vehicles with Generative AI on AWS
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

NTT DATA introduced new data that shows manufacturing organisations worldwide are increasingly turning to GenAI to establish smart factories, spur innovation, improve productivity, build resilience and gain a competitive advantage. The report – “Feet on the Floor, Eyes on AI: Do you have a plan or a problem?” – also uncovers significant challenges related to workforce and infrastructure readiness as well as ethical frameworks for governance.

The study surveyed more than 500 manufacturing leaders and decision makers in 34 countries. Key findings include:

  • 95% of respondents said GenAI is already directly improving efficiency and bottom-line performance.
  • 94% expect the integration of Internet of Things (i.e., IoT/edge) data into GenAI models will significantly improve the accuracy and relevance of AI-generated outputs.
  • 91% say combining digital twins and GenAI will improve both physical asset performance and supply chain resilience.
  • Respondents said their most frequent use cases are supply chain and inventory management; knowledge management; quality control; research and development; and process automation.

“AI is streamlining processes and redefining what’s possible across the entire manufacturing value chain, from supply chain predictions to quality control,” said Prasoon Saxena, Co-Lead, Products Industries, NTT DATA, Inc. “GenAI can help organisations achieve flexibility in fast-changing business environments, especially in the face of uncertain tariff policies worldwide.”

Challenges to success

Satisfaction with AI initiatives has surged over the past year, yet manufacturers still face significant challenges that include:

  • Infrastructure: 92% of manufacturers said old technologies hinder vital initiatives, but less than half have conducted a full infrastructure readiness assessment.
  • Complementary technologies: 94% expect the integration of Internet of Things (i.e., IoT/edge) data into GenAI models will significantly improve the accuracy and relevance of AI-generated outputs, yet not all are confident in their ability to complete such integrations.
  • Responsible frameworks: While ethical AI is on the radar, only 47% of manufacturing leaders strongly agree their organisation follows a robust framework that balances risk with value creation.
  • Workforce readiness: Two-thirds of manufacturers say their employees lack the necessary skills to use GenAI effectively, creating functional and operational disadvantages and risks.
  • Data Management: Just 41% of manufacturers strongly agree they have enough data storage and processing capabilities to support their GenAI workload needs, which will limit success.

“The most successful manufacturing organisations have already integrated GenAI into essential operations,” Saxena said. “Companies failing to plan, deploy and govern GenAI strategically will not only have a problem, they may be planning to fail.”

Tags: GenAI
Share30Tweet19
DigitalCIO Bureau

DigitalCIO Bureau

Recommended For You

Salesforce Acquires Convergence.ai

by DigitalCIO Bureau
May 19, 2025
0
CRISIL To Acquire Bridge To India Energy

Salesforce has signed a definitive agreement to acquire Convergence.ai, an AI agent company recognized for developing advanced systems that perform complex, human-like tasks in digital environments. Convergence’s technology...

Read moreDetails

NTT DATA Launches Smart AI Agent Ecosystem

by DigitalCIO Bureau
May 17, 2025
0
Qure Secures 22 Patents in 18 Months

NTT DATA has announced a comprehensive enterprise-grade Smart AI Agent Ecosystem with industry-specific solutions to help clients transform their business. The company also announced a patented plug-in solution...

Read moreDetails

Qlik Launches Qlik Open Lakehouse

by DigitalCIO Bureau
May 15, 2025
0
Qlik  Launches Qlik Open Lakehouse

Qlik announced the launch of Qlik Open Lakehouse, a fully managed Apache Iceberg solution built into Qlik Talend Cloud. Designed for enterprises under pressure to scale faster and...

Read moreDetails

New Relic Appoints Manivannan Govindan as Senior Director of Enterprise Sales, Asia

by DigitalCIO Bureau
May 15, 2025
0
New Relic Appoints Manivannan Govindan as Senior Director of Enterprise Sales, Asia

New Relic announced the appointment of Manivannan Govindan as Senior Director of Enterprise Sales, Asia. Govindan brings 25+ years of monitoring and observability sales experience to the role, where...

Read moreDetails

Nvidia working on customized version of its H20 chip for China

by DigitalCIO Bureau
May 10, 2025
0
Nvidia working on customized version of its H20 chip for China

Nvidia intends to release a modified version of its H20 artificial intelligence chip for China within two months, reported Reuters citing sources. This will allow Nvidia to circumvent...

Read moreDetails
Next Post
World Password Day: “Focus must shift from relying on passwords alone to building integrated, intelligent security”

World Password Day: "Focus must shift from relying on passwords alone to building integrated, intelligent security"

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Amazon invests over Rs 4,400 crore across Indian entities

October 31, 2019

Leading Partners Adopt NVIDIA AI Cybersecurity

February 14, 2025
Tech Upskilling Key Focus for 87% of India’s Female Workforce: Emeritus Study

Tech Upskilling Key Focus for 87% of India’s Female Workforce: Emeritus Study

December 8, 2023

Browse by Category

  • Acquisition
  • Appointment
  • Archive
  • Artificial Intelligence
  • CIO Interviews
  • Cloud
  • Datacenter
  • Events and Conferences
  • Market Insights
  • News
  • Opinion and Analysis
  • Products
  • Resources
  • Security
  • Storage
  • Tech News
  • Telecom
Digitalcio

Welcome to DigitalCIO, your ultimate source for staying ahead in the ever-evolving world of technology and business.

BROWSE BY TAG

Acquisition AI Appointment artificial intelligence Artificial Intelligence and Machine Learning AWS Big Data and Analytics Blockchain CISCO Cloud Computing Cloudflare Commvault CrowdStrike Cybersecurity Dell Technologies Digital Transformation Dynatrace E-books Fortinet Gartner GenAI Generative AI Google Cloud HCLTech Honeywell IBM Infographics Internet of Things (IoT) Kaspersky Microsoft Netskope Nutanix Palo Alto Networks Panel Discussion Qlik Salesforce Schneider Electric ServiceNow Sophos Tenable Veeam Veeam Software Vertiv Webinars Whitepaper

CATEGORIES

  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
  • Archive

NAVIGATION

  • Home
  • About Us
  • Advertise with Us
  • Contact Us

© 2024 digitalcio.in - All rights reserved.

No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources

© 2024 digitalcio.in - All rights reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?