FINAL WORD
Real-time data sharing provides industrial competitive advantage
45 % of industrial companies polled in the recent AVEVA Industrial Intelligence Index survey believe platforms that enable real-time data sharing and collaboration will drive the greatest opportunity for their organisations. They recognise that sharing AIinfused insights can elevate human ingenuity, explains Rob McGreevy at AVEVA.
If humanity now has a new item in its toolbox, to quote the 2024 Nobel Committee for Physics, it is thanks to the interdisciplinary work of scientists John Hopfield and Geoffrey Hinton and their teams more than 30 years ago. That item is the neural network. A core Artificial Intelligence, AI technique, these brain-mimicking networks are integral to Machine Learning, Generative AI and deep learning.
They support a staggering array of use cases, from computer search, image recognition and language generation to finding subatomic particles, photographing black holes and understanding amino acid formation, the last use case also cited for the 2024 chemistry Nobel.
AI is everywhere because numerous scientists built on each other’ s work. Such collaboration is key to moving the needle in science, but also in business. Anyone who’ s ever attended a successful brainstorming meeting knows that working together helps solve tough problems and drive innovation.
Today’ s advanced industrial AI technologies, many springboarding off Hopfield and Hinton’ s work, present the opportunity to work together in new ways, enabling cross-company networks to drive efficiency, innovation, and growth. Using AI in tandem with other data-driven technologies, we can radically transform the concept of collaboration.
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