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Cognex Launches AI-Powered Counting Tool for In-Sight SnAPP Vision Sensors

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Cognex (NASDAQ: CGNX) has launched an AI-powered counting tool for its In-Sight SnAPP vision sensors, aimed at enhancing manufacturing efficiency. This new tool simplifies and automates assembly verification and quantity checks, which were previously error-prone and time-consuming. It offers advanced capabilities to count objects of varying sizes, shapes, and contrasts without complex programming.

The tool is beneficial across numerous industries, enabling food and beverage producers to count products in packaging, pharmaceutical companies to verify vaccine vials or blister packs, and automotive manufacturers to count EV battery modules. The AI technology allows for easy setup and operation, making automation accessible to operators of all skill levels. This innovation is expected to enhance quality control and operational efficiency for manufacturers globally.

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Positive

  • Launch of AI-powered counting tool enhances manufacturing efficiency.
  • Tool simplifies quantity checks and assembly verification.
  • Can count objects of varying sizes, shapes, and contrasts.
  • Suitable for multiple industries including food & beverage, pharmaceuticals, and automotive.
  • Easy setup and operation make automation accessible to all skill levels.

Negative

  • None.

News Market Reaction 1 Alert

+3.31% News Effect

On the day this news was published, CGNX gained 3.31%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

New AI tool simplifies counting inspections for manufacturers across all industries

NATICK, Mass., Aug. 6, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, expanded the capabilities of its In-Sight SnAPP™ vision sensor with the launch of an AI-enabled counting tool. This innovative software tool transforms how manufacturers handle counting tasks, allowing them to easily automate assembly verification and quantity checks that were previously time-consuming or prone to error. This advanced AI technology also provides an ease of use that lets more manufacturers accurately count challenging part types including objects of similar size, reflective and distorted parts, and objects with varying contrasts and shapes.

Powered by AI, the new tool reliably identifies and counts objects without complex programming.

"Using cutting-edge AI technology and our easy-to-use vision sensors, we're now providing our customers with a counting solution that not only enhances accuracy and efficiency but also simplifies the user experience," said Lavanya Manohar, Senior Vice President of Products. "We're excited to see how this innovation will benefit manufacturers worldwide and continue making automation more accessible."

Powered by AI, the new tool reliably identifies and counts objects to ensure consistent quality control, without complex programming. Image-based training, guided setup, and embedded AI allow operators of all skill levels to quickly and effectively solve counting tasks, eliminating the need for complex setups or extensive training.

Suitable for a wide range of industries, the counting tool can be set up in minutes to perform a range of tasks.

  • Food and beverage producers can easily count the number of food products in final packaging to ensure completeness.
  • Pharmaceutical companies can verify the correct count of vaccine vials or count pills in a blister pack.
  • Automotive manufacturers can quickly count modules in an EV battery pack tray to confirm proper assembly and avoid recalls.

The In-Sight SnAPP vision sensor was first released in September 2023 and is designed to solve common quality control tasks including presence/absence detection, basic inspections, classification, and now counting applications. For more information about In-Sight SnAPP, visit cognex.com/in-sight-snapp or call 1-855-4-COGNEX.

About Cognex Corporation

Cognex Corporation invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in high-growth-potential businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, electric vehicle batteries and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained.

Cognex is the world's leader in the machine vision industry, having shipped more than 4.5 million image-based products, representing over $11 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe, and Asia. For details, visit cognex.com.

IR Contact
Nathan McCurren
Head of Investor Relations
Cognex Corporation
ir@cognex.com

Media Contact
Jeremy Sacco
Senior Manager, Global Content Marketing
Cognex Corporation
pr@cognex.com

 

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SOURCE Cognex Corporation

FAQ

What new AI tool did Cognex launch for its In-Sight SnAPP vision sensors?

Cognex launched an AI-powered counting tool for its In-Sight SnAPP vision sensors.

How does the new AI tool enhance the capabilities of In-Sight SnAPP vision sensors?

The tool simplifies and automates assembly verification and quantity checks, providing accurate counting for objects of varying sizes, shapes, and contrasts.

What industries can benefit from Cognex's new AI-powered counting tool?

The tool is beneficial for food and beverage, pharmaceutical, and automotive industries.

When was the AI-powered counting tool for In-Sight SnAPP vision sensors launched?

The AI-powered counting tool was launched on August 6, 2024.

What advantages does the new AI-powered counting tool offer?

It enhances quality control, is easy to set up and operate, and can count objects with various sizes, shapes, and contrasts without complex programming.
Cognex Corp

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Scientific & Technical Instruments
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