EU Machine Tool Builders Seek Coordinated AI Policies
The European Association of Machine Tool Industries (CECIMO) completed its recent annual General Assembly with statement committing its membership to helping define and implement a program for expanding the adoption of artificial intelligence (AI) and machine learning.
CECIMO is a Brussels-based union of trade associations for over 1,500 companies across the European Union, companies who are responsible for 97% of machine-tool production in the 28-nation region.
Related: EU Machine Tool Builders See Growth, Seek ‘Freer’ Data
At the same time that it announced its new policy on AI and machine learning, CECIMO offered an encouraging economic outlook: it forecast that its machine tool building members are will report production volume of €24.4 billion in 2017, a 1.9% year/year increase on 2016. It added that its machine-tool producers have held more than 35% of the global market for their industry over the last three years, and will increase their production levels in 2018.
Germany remains the leading regional producer of machine tools (46.4%), followed by Italy (21%) and Switzerland (11%.)
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