Machine learning in manufacturing – Hype vs Reality

All the buzz 

There is so much buzz about machine learning and AI today. With the estimated spend of 1.2 trillion to 2 trillion in supply chain and manufacturing, businesses are encouraged to use these new techniques to modernize their operations and remain competitive. We spent the last decade collecting data. Now is the time to use it right? However, there are few who can identify an area where they have used it to solve a quantifiable problem, successfully. 

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