Industrial video analytics uses computer vision, AI and machine learning technologies to study motion patterns of production processes and identify opportunities for improvement or help explain non-standard unexpected losses of time or motion.
Current continuous improvement techniques are very manual and time consuming, and not very effective. Using AI to process large amounts of data, Pacefactory, along with its consortium partners, seeks to develop advanced video analytics solutions and processes to solve some of the costliest production problems in manufacturing.
“Their manufacturing facilities will provide real case studies thus offering added value in the development of Pacefactory technology and improving logistics’ effectiveness.”, mentions Sean Clare, Co-Founder of Pacefactory.
“In this project, Magna International will participate in the development of AI video analytics solutions to optimize supply chain in their Canadian operations."— Sean Clare, Co-Founder of Pacefactory