While there is lot of push for implementing Industry 4.0; often Indian Industries fail to see a tangible justification for investing in it, since Data Automation and Live Dashboards by themselves do not seem to lead to significant Business Advantage.
It is only when the analysed data is subjected to Artificial Intelligence and bring in Machine Learning that the real unseen potential of improving organizations competitive edge is thrown up. Ironically AI-ML forms the top floor ( 5th floor ) of Industry 4.0 structure while in India we are currently struggling to gather Data which builds the ground floor. Even as actually applying AI-ML is some distance away, yet it would certainly make a difference if things get planned in Industry 4.0 implementation from now considering AI-ML application potential and benefits.
Keeping this in view, Indian Machine Tool Manufacturers' Association (IMTMA) is organising a four hour online programme covering the basics of “Artificial Intelligence and Machine Learning for Manufacturing Industries”.