A new study prepared by Pannon Business Network, Hungary, in October 2022 shows that the higher uptake of Artificial Intelligence by companies in the different application areas as well as advocating enterprises to become as resilient as possible would contribute to the solution of the current problems.
The study was aiming to shed light on the economic situation of the Danube Region. The study was identifying the common problems of SMEs, which can be considered the followings, taking into account the effects of the COVID-19 pandemic as well as the ongoing Ukrainian war:
- shortage of raw materials
- global energy shortage
- labour shortage
The overarching goal is attempting to provide solutions to all these challenges exploiting Industry 5.0. paradigm with the result of resilience analysis as well as the uptake of more and more AI solutions will be also playing a crucial role among companies.