Points of View

Process industries must combine synthetic data with human experience to capture AI value

May 14, 2019 Josh Matthews

Process industries are crying out for advanced analytics, yet they stagger behind much of the manufacturing space on the journey toward Industry 4.0. Despite accounting for over 50% of its $35 trillion global output, process production that encompasses oil, steel, cement, and many other sectors is stuck in its old ways; meanwhile, “discrete manufacturing” sectors such as automotive or electronics have revolutionized. Process manufacturing leaders must embrace synthetic data to slipstream their analytics projects—a critical first step in keeping pace with their industry peers.

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