Press

Moore: Use of AI will determine success in manufacturing

(CIANEWS) - In the manufacturing and distribution sector, companies that focus on disruptive technologies such as cloud technologies, digitisation, robotics, the Internet of Things, the use of augmented and virtual reality and, above all, artificial intelligence (AI) will succeed. Further, consulting group Moore Global predicts that investment in AI will grow to USD 100bn by 2024. Approximately 20% of spending in AI is on process automation. Czech companies are hampered by the lack of skilled workers in effective digitalization. Moore Technology CZ partner Miroslav Rut said that employee training and systematic preparation in schools will provide the solution. Experts from Moore Czech Republic add that Czech companies in manufacturing and distribution will continue to face shortages in supply chains, which have been exacerbated by the conflict in Ukraine.

 

BACK

Register newsletter

Get to know about Nordic Chamber, our press releases and all news, straight to your inbox.