Unlock the Potential of Open AI in Smart Manufacturing
• Shorten the time to market by updating features of digitally connected products through the cloud resulting in improvement in ROI .
• Improve customer experience by applying digital transformation on traditional product innovation processes and increase revenue generation .
• Prevent bottlenecks and production challenges through Improvement and validation of designs by production engineers .
Improve operational efficiencies and cost by providing on-time knowledge feed to Field engineers , mitigating the risk of device failures in a manufacturing unit .
APPENDIX A GENERATIVE AI MARKET LEADERS – AN INDUSTRY OVERVIEW Big technological companies are investing heavily in Generative AI : Microsoft
Google
• In January 2023 , Microsoft announced the third phase of a long-term partnership with OpenAI through a multi-year , multibillion dollar investment to accelerate AI breakthroughs .
• Features of ChatGPT is eventually being built into all of Microsoft ’ s products 22 . DALL-E already shows up in tools such as Microsoft Designer .
• GitHub Copilot , the company ’ s generative code tool , has learned to translate between English and various programming languages .
• A new AI-powered Copilot for Microsoft 365 apps and services was announced in March 2023 23 .
• Google has been researching generative AI for years and has several LLMs including Language Model for Dialogue Applications ( LaMDA 24 ) along with models to generate code , speech , images , music , and video .
• In February 2023 , the company announced Bard 25 , its LLM-based conversational AI ; several other generative AI announcements were made in March 2023 26 .
22
https :// www . microsoft . com / en-us / worklab / kevin-scott-on-5-ways-generative-ai-will-transform-workin-2023
23 https :// www . theverge . com / 2023 / 3 / 16 / 23642833 / microsoft-365-ai-copilot-word-outlook-teams
24 https :// blog . google / technology / ai / lamda /
25 https :// blog . google / technology / ai / bard-google-ai-search-updates /
26 https :// blog . google / technology / ai / ai-developers-google-cloud-workspace / 64
March 2024