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%.