89% of manufacturers say AI is critical to business success
This research, conducted by Vanson Bourne in partnership with Peak, looks into the current state of play of digital transformation, data strategy and artificial intelligence (AI) within manufacturing and wider sub-verticals, whilst also offering insight into the main challenges faced by organizations operating within these sectors.
Peak and AWS, stronger together
The Dynamic Inventory: Finished Goods application is an AI application from Peak to help companies deal with complex demand and supply issues. Peak are recognised as an AWS Supply Chain Competency Partner. This means Platforms that support the supply chain activities associated with the creation, maintenance and fulfillment of customer orders including receiving, validating, creating customer orders, scheduling order deliveries, picking, packing, shipping and invoicing customers.
This application is available to AWS customers via the Marketplace portal, along with the 12 other AWS endorsed applications Peak offer…
65% of companies haven't yet implemented AI
A key finding of the research was around the utilization of AI in manufacturing. Although many realize the benefits of this technology, implementation is still somewhat lagging behind other sectors.
Those that embrace these technology changes, by engaging into genuine change management, will truly harness the power of their data in their decision making, and will reap the rewards — and not just survive, but thrive in the future.
Frederic de Rougemont
Founder at Rougemont Advisory
53% don't yet have a fully implemented data strategy
Although organizations are planning to use their data more, not all have a data strategy that is fully implemented yet, or a formalized data storage system that stores all their data.