Artificial Intelligence (AI) has sparked a data revolution that is changing our world forever.
A study by PwC says that the global gross domestic product (GDP) will increase by 14 percent by 2030 as a result of AI adoption, contributing an additional $15.7T to the worldwide economy (PwC, 2017). And, in the next five years, business executives across the globe expect AI to have a positive impact on growth (90 percent), productivity (86 percent), and job creation (69 percent) in their country and industry (Economist Intelligence Unit, 2018).
At Microsoft, we have been investing in the promise of AI for more than 25 years. Our vision is bold and broad — to build systems that have true artificial intelligence across agents, applications, services and infrastructure. This vision is also inclusive. Microsoft aims to make AI accessible to all — consumers, businesses, developers — so that everyone can realize its benefits.
For manufacturers, AI is changing every aspect of the industry—from intelligent supply chains, to product-as-a-service offerings, to factories of the future—and providing the catalyst for new business models, products, services and experiences.
Wherever you may be on your digital transformation journey, you should be on a quest to figure out how to take advantage of the opportunities that AI can bring to your business.
To get you thinking about this, I’m launching a special two-part video series where we will delve deeper into AI. We will approach it from both sides: in our first episode, I, along with Indranil Sircar, our CTO of Manufacturing & Resources, and Ted Way, Microsoft Senior Program Manager for Azure Machine Learning, explore the powerful new opportunities AI opens up in terms of technology innovation for manufacturing and resources.
First, Indranil and I explore Microsoft’s strategy and how AI is empowering the digital leadership agenda across the industry. We look at some examples of this innovation in action with companies like Ecolab, BAE Systems, and Jabil.
You will not want to miss Ted Way’s absolutely sensational demo of Project Brainwave toward the latter half of the video.
Stay tuned for part 2 of this series, where Nick Tsilas, our senior attorney for Manufacturing & Growth Industries here at Microsoft, and I look at the important questions around ethics and trust when it comes to ensuring that AI is designed, used and governed responsibly.
As we start a new year, I look forward to continuing our exploration of AI’s impact in manufacturing and resources in greater detail—from what is possible to what is to come.