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Factories implementing AI-driven systems, highlighting the benefits of investing in artificial intelligence.## Should You Be Investing in Artificial Intelligence?

Should you be investing in artificial intelligence?

By Marvo

Just a few years back, investing in AI only existed in the realm of science fiction. It was a futuristic technology that could be found solely in books or in Hollywood films. Fast forward to todays world and AI is rapidly becoming an integral part of our daily lives. It is reshaping how we work, communicate and solve complex problems.

4 min read December 13, 2024
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Technology is advancing rapidly, transforming industry in unprecedented ways. Professionals need a place for concise analysis and valuable resources. That’s The Smart Part.

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Exploring the various types of machine downtime in manufacturing, helping you conquer production obstacles.

Identifying the types of machine downtime in manufacturing

Marvo

In the manufacturing industry, it is nearly impossible to avoid experiencing the different types of downtime. In 2023 ABB carried out an industry survey of more than 3000 businesses across the globe. Only 1% responded to say that they experienced no unplanned outages of critical equipment at all. In contrast, a whopping 8% experienced unplanned downtime every single day. As well as this, there are instances in which the machine downtime is not unplanned.

4 min read July 19, 2024
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