Tag Archive for: vision

Top three computer vision trends to follow in 2023

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Many of us interact with computer vision applications every day, from Apple’s Face ID and Tesla Autopilot to the Meta Quest and Google Lens. Computer vision gives machines the ability to “perceive” the world like humans do and use that knowledge to augment human efforts. The potential is immense, and analysts agree: The computer vision market is expected to expand to $9.62 billion according to research from Report Ocean. 

Here are three of the biggest trends to keep an eye on in the year ahead — and how organizations can unleash new possibilities through computer vision.

Faster, cheaper, more efficient edge computing storage will accelerate CV applications

To date, one of the big bottlenecks in the cloud vision space has been the power of computer vision devices. Because edge devices — think sensors and cameras — haven’t been powerful enough to do their own computation, most of the data processing has had to happen in the cloud. The result: Ballooning costs due to high energy and network bandwidth consumption.

We’re finally seeing that change. Thanks to advancements in edge computing, computer vision applications can run real-time data processing and analysis, which is not just reducing energy and bandwidth burdens, but is also improving computation efficiency. This is a big deal considering that many of the most compelling applications of computer vision rely on ultra-low latency data processing to deliver seamless user experiences.

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In addition, we’re also seeing some exciting advancements in edge storage. Rapid advancements in NAND Flash technology have dramatically increased the volume of data that can be stored on the edge devices…

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ISC West 2023: How Computer Vision Increases Security and Improves Facility Operations

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How the Port of Vancouver Used Computer Vision to Boost Efficiency

Enter real-time computer vision, a technology that adds machine learning processes to live and recorded video to produce metadata. The Port of Vancouver, using mainly its existing infrastructure of Axis security cameras plus AWS Panorama technology to perform the processing, was able use computer vision to add key metadata on containers in real time as they entered and moved through port facilities.

“It had been a very manual process in terms of how all this was being recorded and reported,” Trinh explained. Computer vision adds real-time metadata to the captured images, including each container’s identification number and its color, which often indicates what types of goods are inside the container.

The technology is helping the port develop a new class of insights on physical operations that will improve collaboration with shippers.

After applying computer vision, the Port of Vancouver was able to optimize its ground operations and expedite container inspections. According to Deloitte, which worked on the project at the port, “a bot predicts and sends alerts about berth allocation, container sequencing, and containers ready to return,” which allows port space to be used more efficiently and reduces the amount of time containers are held up.

DIG DEEPER: Discover how enhanced video surveillance provides better security.

Increased Efficiency With Computer Vision Cuts Expenses

The application of computer vision is also reducing costs by reducing inefficient and manual container examination processes. “Anything from missing paperwork and intensive exams can delay shipments from a few days to a month,” Deloitte notes. “Some require additional labor for unloading and reloading cargo. They interrupt traffic flow and ground operations and increase storage and labor costs.”

Trinh said the project in Vancouver is a good example of the kind of machine learning-enabled computer vision that will become more common as organizations take advantage of the real-time insights they can glean, both for security and operational purposes, from metadata extraction.

“Deep learning with computer vision is here,”…

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Computer Vision Market Size Worth USD 22.76 Billion in 2032 | Emergen Research

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VANCOUVER, B.C., March 9, 2023 /PRNewswire/ — The Computer Vision market size reached USD 11.90 Billion in 2022 and is expected to register a CAGR of 6.7% during the forecast period, according to the latest analysis by Emergen Research. The increasing demand for automation across industries, advancements in artificial intelligence and machine learning, and the growing need for surveillance and security systems are some key factors driving the growth of the Computer Vision market. 

The integration of computer vision technology in various applications, such as autonomous vehicles, industrial automation, and healthcare, is expected to fuel the growth of the market. The demand for automated solutions in manufacturing and logistics is driving the adoption of computer vision technology to enhance operational efficiency, minimize errors, and reduce costs.

Governments across the globe are also investing in the development and implementation of computer vision technology for surveillance and security purposes. The technology is being utilized for real-time monitoring of public places, detecting criminal activities, and identifying potential security threats. For instance, the Chinese government has deployed millions of surveillance cameras that use computer vision technology to monitor citizens in public spaces.

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Drivers:

The growing demand for autonomous vehicles and advancements in artificial intelligence and machine learning are expected to drive the growth of the Computer Vision market. Computer vision technology is essential in the development of self-driving cars and drones as it enables them to perceive and interpret their environment accurately.

The healthcare industry is also adopting computer vision technology for various applications such as medical imaging and diagnostics. The technology is being used to analyze medical images, detect diseases, and identify abnormalities.

The retail industry is also leveraging computer vision technology to enhance customer experience and optimize operations. The technology is being used to track…

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Samsung Electronics Shares its Vision for the Homes and Devices of Tomorrow – Samsung Global Newsroom

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This month in San Francisco, the 2022 Samsung Developer Conference (SDC) spotlighted some of Samsung’s best and brightest minds across tech, marketing and product fields, sharing a compelling vision of the future, showcasing the transformational technologies that will improve consumers’ daily lives and giving users more time to focus on what matters most.

 

With opening remarks from Jong-Hee Han, Vice Chairman, CEO and Head of Device Experience (DX) Division at Samsung Electronics, the presentations revealed how Samsung is crafting systems that help make lives smarter, safer, more convenient and more connected than ever before.

 

▲ Attendees take their seats at SDC 2022 in anticipation of the day’s wide-ranging Keynote

 

Read on to see Samsung Newsroom’s recap of the innovation and inspiration revolutionizing how we live and work both now and in the future.

 

 

Opening: A Seamless, Frictionless Experience

Jong-Hee Han opened up the day’s talks by underscoring the importance of convenience in an age of brilliant yet complex technologies. “At Samsung, our goal has always been to make our lives easier through technology innovation,” said Han. “But innovation can also be burdensome for users if convenience is not at the forefront. Our teams are determined to deliver devices that are as smooth and accessible as they are advanced.”

 

▲ Jong-Hee Han, Vice Chairman, CEO and Head of DX Division at Samsung Electronics, welcomes attendees to SDC 2022.

 

Covering everything from Calm Technology to Knox Matrix to holistic household platforms like Bixby Home Studio and SmartThings, Han outlined a device and systems ecosystem that puts the user experience at the center. “The goal of all this is to give you an easier, seamless and more frictionless experience,” Han emphasized. “So you can focus on what matters most.”

 

 

A Home That Learns and Adapts Through SmartThings

Following Jong-Hee Han, Jaeyeon Jung, Vice President and Head of SmartThings, Mobile eXperience Business, discussed how Covid-19 galvanized teams at Samsung to prioritize the important things in life, particularly in the home. “If you’re…

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