VE4001S2T2B3When it comes to the impact of AI on the workplace, nearly two-thirds (64%) of respondents cite increased efficiency and productivity as one of the top advantages. 60% of respondents said AI improves cybersecurity and threat detection. 59% of respondents said they generate real-time data to optimize decisions.
But many also mentioned a few other advantages they considered, including:
Increased flexibility (49%)
Increase job satisfaction (45%)
More time for skills development and creative thinking (44%)
Improving workplace safety (39%)
With a wave of retirements looming and a shortage of young workers, skills development is critical to today’s economy. AI can help employers promote and retrain employees faster. AI will drive industrial change, enabling employees to perform higher levels of work and have higher job satisfaction, while increasing productivity and addrVE4001S2T2B3essing skills shortages.
As an example, Lucian Boldea, president and CEO of Honeywell Intelligent Industrial Technologies, said: “Processing and manufacturing products can require thousands of instruments, equipment and valves, and many of the components we provide to manufacturers require experienced technicians to operate and maintain them, but these skilled technicians are increasingly scarce.” Through AI training or using AI as an ‘assistive tool’, the skills of less experienced technicians can be upgraded more quickly, allowing them to become industry experts who can perform tasks based on the company’s knowledge and best practices. In turn, the plant significantly reduces human error and makes operations safer and more reliable.”
The future direction of AI
Despite the enthusiasm for AI applications, several challenges remain on the road to full adoption. More than a third of respondents (37%) believe that their company’s senior management does not understand how AI works at all. Nearly half (48%) of respondents say they need to continually demonstrate the importance of AI or apply for the resources needed to implement AI initiatives.
“Businesses of all types recognize that AI is transforming our world and creating new possibilities. For buildiVE4001S2T2B3g operations such as hospitals, campuses and offices, this is clearly the future. AI’s ability to coordinate and control the use of HVAC, lighting and electricity helps improve the safety, operational capability and sustainability of buildings, “said Billal Hammoud, president and CEO of Honeywell Smart Building Technologies.
