Artificial intelligence (AI) is helping to power innovation for multiple manufacturing industries, but the aerospace sector has been slow to adopt this emerging technology. According to different studies by Altair and Accenture, aerospace executives know that they lag behind the competition in terms of AI, and they are going to lose out on market share if they don’t start investing in it.
To embrace this technology, aerospace companies need to facilitate an enterprise AI strategy to execute as part of their digital transformation journeys. There are four distinct ways aerospace manufacturers can effectively leverage AI in their operations: predicting performance of parts, root-cause analysis, analyzing text to ensure regulatory compliance, and mitigating risks with digital twin technologies.
Utilizing AI, machine learning, simulation, and data analysis tools are key to advancing the aerospace industry. Aerospace manufacturers must focus on adopting AI now, so they can stay competitive in a future that is becoming increasingly digital.