Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Dia Rekhi

Manufacturers look beyond cost cutting to drive AI adoption

Manufacturers are co opting AI as an engine for growth and faster decision-making rather than a tool for slashing costs, the AI Readiness & Adoption survey in collaboration with Cisco where 70 CXOs from manufacturing firms were surveyed, found.

The survey found meeting customer expectations (49%) and boosting operational efficiency (47%) were the primary forces driving AI adoption among manufacturers. However, cost reduction, often touted as a top reason for AI adoption in enterprises, ranked last at just 23%.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.