Industry 4.0 paved the way for technologies like AI and real-time analytics in the manufacturing domain. Now, the gradual advent of Industry 5.0 will spell the next phase of the industrial revolution.
Continue readingThe Coming of Intelligent Automation in the Modern Enterprise (and a Helping Hand from Computer Vision)
According to IDC research, global spending on automation tools will rise to $42.6 billion by 2025. Today, more organizations are transitioning to technologies like Robotic Process Automation (RPA) and even extending the boundaries of automation to more nuanced and complex applications.
Continue readingHow Can Computer Vision Help Modern Manufacturing Raise the Quality Bar?
As per a recent analysis, smart factory investments can increase up to 205% by 2025 compared with 2020 across the “Big-5” cluster (US, China, India, Brazil, and the UK).
Continue readingTop 4 Ways to Use the Power of Computer Vision to Improve Worker Safety in Manufacturing Plants
According to the UN, nearly 2.78 million people die yearly from workplace-related accidents and illnesses. The organization also says that, when it comes to unsafe workplace operations, the manufacturing sector is one of the biggest contributors to injuries and fatalities for workers.
Continue readingHow Can Computer Vision Improve Employee Productivity?
Companies are more concerned than ever before about employee productivity, and rightly so!
Statistics show that less than 60% of working hours are spent productively. A company can increase profits by 21% if employees become optimally productive.
Continue readingqCommerce and the Acceleration of the Fulfillment Cycle – Does Computer Vision Have a Role?
What started as a way of offering convenience to customers at their doorstep during the COVID-19 lockdown has now become a mainstay in the retail industry.
Continue readingIn Top Gear – How Computer Vision Is Driving the Automotive World Ahead
A decade ago, manufacturers began fitting their vehicles with hi-tech gadgets and electronic sensors to help bring better driving as well as engagement experiences to the mix. In the initial days, the focus from manufacturers was to deliver entertainment and navigation options through infotainment screens and cockpit displays.
Continue readingExploring The Synergy Between Generative AI And Computer Vision
In 2022, Afraz Jaffri, Director Analyst at Gartner, said that the AI Hype Cycle is “full of innovations expected to drive high or even transformational benefits.” He stressed that enterprises need to “pay attention” to innovations, such as “decision intelligence and edge AI,” that will hit mainstream adoption soon.
Continue readingExploiting the Synergy Between Natural Language Processing and Computer Vision
In the realm of cutting-edge technologies, the convergence of Natural Language Processing (NLP) and Computer Vision has captured the attention of researchers and industry experts alike. By harnessing the synergistic potential of these two fields, enterprises can unlock a plethora of benefits.
Continue readingWill AI Make Human-Supervision Redundant?
As AI technologies continue to become more sophisticated, we’re witnessing their pervasive use across industries. Consider the case of manufacturing; from using RPA to handle repetitive tasks to employing digital twins to drive the entire manufacturing lifecycle, AI is serving well to demonstrate its inherent versatility in various sectors today.
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