Artificial Intelligence and the Future of
All companies today need to be innovative, customer centric, speed to deliver and cost efficient
in this digital era. Businesses need to respond to rapidly changing customer needs, put their
innovations into production as quickly as possible, and be able to operate and deliver products
to their customers more efficiently. The life cycle of a product starts with customer driven
innovation, followed by engineering and construction of the manufacturing facility, after which
comes production and the eventual delivery of goods to customers.
Each step in this process must be responsive to the market and its consumers. From the
perspective of engineering, this begins with “faster, better, and cheaper” project delivery, and
moves into digitalization.