Artificial Intelligence Punches In At The Factory

Concurrent engineering gets products to market faster: By tackling production engineering while a gizmo is being designed, companies can cut development cycles by up to 40%. Researchers at Stevens Institute of Technology think automating the process can compound the savings. "Our goal is to reduce time to market another 50%," for a total of 70%, says Harold J. Raveche, president of the Hoboken (N.J.) college.

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