Tag: factory automation
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Siemens targets up to 80% factory automation with AI, board member says
Erlangen, GERMANY, Oct 19 : AI could help preserve manufacturing jobs in high-wage countries such as Germany by boosting factory automation to as much as 80 per cent, Siemens executive board member Cedrik Neike said on Monday.Speaking at the company’s electronics plant in Erlangen, Neike said manufacturers n
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Toyota estimates factory automation could cost $6.4 billion per year from 2028
TOKYO, Sept 18 : Toyota Motor estimates it could cost 1 trillion yen ($6.4 billion) annually from 2028 to modernise its factories as the world’s biggest carmaker accelerates automation and robotics deployment.Across the industry, automakers are turning to robotics to cut costs and address ageing infrastructur
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