According to a survey, unplanned downtime across manufacturing setups can result in losses of over $260,000 per hour. What follows is inevitable disruptions and a sense of helplessness in the face of destabilized operations.
Continue readingSafety and Security in Retail Establishments – There’s a Role for Computer Vision
For decades, retail stores have been accustomed to the use of CCTV surveillance cameras within their premises as a deterrent for potential crimes. However, the scale at which events like store vandalism, thefts, and other attacks happen inside the four walls of a store, has grown exponentially over the years.
Continue readingCan Technology Like Computer Vision and AI Help Retailers Overcome Staff Shortages?
As the global economy emerges from the 2020 pandemic, organizations are struggling to find and retain their best talent.
Continue readingComputer Vision Trends Likely to Grab the Headlines in 2023
As we move towards the end of 2022, computer vision (CV) technology is touching a market value of $48 billion. In 2023, we can expect to see more innovative trends and developments in this AI-powered technology space.
Continue reading7 Use Cases of Computer Vision in Construction
“Looking at construction projects today, I do not see much difference in the execution of the work in comparison to 50 years ago,” said John M. Beck, the Chairman of the Canadian construction company Aecon Group.
Continue readingHow Computer Vision Nurtures Quality Management in the Industry 4.0 Era
In the era of Industry 4.0, manufacturing companies are relying more on digital technologies like Big Data analytics, Artificial Intelligence (AI), and the Internet of Things (IoT). To remain competitive in today’s complex business environment, manufacturing companies recognize that they must have business agility, flexibility, and resilience.
Continue readingUsing Facial Recognition for Access Control Systems – A Guide for Factories
Every day, thousands of workers, managers, and other staff members come in and go out of factory premises. As safety and security concerns emerge, it becomes crucial for factories to control the access of the workforce into and out of the premises. But traditional access control mechanisms have several loopholes.
Continue readingMaking the Leap from Digitization to Autonomous Anything
Digital means are now integrated into our lives. Already a force to reckon with since the past decade, the growth in consumption of digital services by consumers and businesses was rapidly accelerated by the COVID-19 pandemic.
Continue readingHow Can Smart Technology Make Travel Pleasant Again?
The COVID-19 pandemic proved to be extremely devastating for the travel industry. Not only did airlines cancel 100% of their national and international flights, but netizens worldwide also became too wary about exposing themselves to the virus and putting their health and safety at risk. But, as 2022 rolls along, the industry has picked up immense steam – much to everyone’s delight.
Continue readingCan Computer Vision Improve the Supply Chain?
At the height of the 2020 supply chain crisis, 75% of organizations faced disruptions in their supply chains. 44% of organizations had no clear strategy to manage these disruptions.
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