Image credit: Erin Barrett/Eigen Innovations
In the industrial world, defect detection has always been a top priority. Much of the cost of sales is in material, so the ability for manufacturers to identify defects and to correct them–on the spot if possible–can be the difference between increasing profit margins and maintaining operations or at the other extreme, shutting down. The American Society for Quality (ASQ) estimates that defects cost manufacturers billions of dollars every year, and quality-related costs can consume 15 to 20 percent of sales revenue.
Fortunately, the rise of Industry 4.0 has ushered in more intelligence and IoT automation in manufacturing. That wave of innovation includes the rollout of smarter computer vision solutions that can help companies investigate, capture, monitor, and analyze industrial processes, resulting in faster defect detection.
The Marriage of Image and Process Data
One such company moving automated defect detection forward is Eigen Innovations. Based in Fredericton, New Brunswick, Canada, it specializes in helping manufacturers realize zero defects by giving them real-time information about the quality of their products and their manufacturing process.
Eigen’s industrial software platform is designed to enhance image data by correlating it with machine/process data. By doing this, manufacturers have the ability to detect quality issues in real-time, which leaves them better equipped to prevent manufacturing issues and equipment malfunctions from occurring in the first place.
Industrial Software as a Service
To understand what’s happening today with AI and computer vision in manufacturing, the IoTSI editors in our podcast talked with Erin Barrett, Chief Revenue Officer at Eigen Innovations. Barrett’s focus is on scaling the business through expansion and also accelerating Eigen’s partnership strategy.
She discusses how Eigen’s Industrial Software as a Service (ISaaS) business model is revolutionizing the machine vision industry and changing the way manufacturers think about inspection solutions, artificial intelligence, and automation.
- Listen to the podcast with Erin Barrett, Chief Revenue Officer at Eigen Innovations.
- Learn more about Eigen Innovations and machine vision.
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