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Fields of Application of Artificial Intelligence—Production Area

In: Understanding Artificial Intelligence

Author

Listed:
  • Ralf T. Kreutzer

    (Berlin School of Economics and Law)

  • Marie Sirrenberg

Abstract

In this chapter you will see that Artificial Intelligence can unfold its comprehensive effects especially in the field of production. In addition to cost reduction through more efficient use of plants and processes, flexibility in production can also be increased. It is important to implement a digital value chain to install the necessary connections to upstream and downstream service partners. With the support of Artificial Intelligence significant improvements in the relevant KPIs across all stages of the value chain can be achieved.

Suggested Citation

  • Ralf T. Kreutzer & Marie Sirrenberg, 2020. "Fields of Application of Artificial Intelligence—Production Area," Management for Professionals, in: Understanding Artificial Intelligence, chapter 3, pages 87-103, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-030-25271-7_3
    DOI: 10.1007/978-3-030-25271-7_3
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