• Call Cognex Sales: 855-4-COGNEX (855-426-4639)

  • Contact Us
Company

News

FOR IMMEDIATE RELEASE

NATICK, MA, USA February 24, 2009

Cognex Develops an Online Tool to Calculate Cost Savings from Using Vision Technology

Helping manufacturers evaluate how much savings can be achieved by investing in vision

Cognex® Corporation (NASDAQ - CGNX), the world's leading supplier of machine vision systems and industrial ID readers, today announced the availability of a new on-line tool to help manufacturers understand the benefits that can be achieved through the use of machine vision and industrial identification. “In these difficult economic times, optimizing product quality and reducing manufacturing costs is more important than ever. Our new Cost Savings Advisor makes it really easy for manufacturers to calculate the cost reductions they can achieve through using Cognex vision and ID systems" says Peter Neve, Vice President of Global Marketing for Cognex. He added, "It also acts as a great check list to ensure that all potential savings from using vision are identified." The Cognex Cost Savings Advisor was designed to help customers evaluate a cost savings plan for vision inspection, automation or identification applications. 

The free tool can be found at www.cognex.com/costsavings. Users are asked a few simple questions about each vision application. The tool then calculates the potential cost savings that could be achieved by implementing Cognex solutions on the customer’s production lines. Additionally, the results highlight other potential benefits that customers may not have previously considered.  A wide range of cost savings opportunities can be estimated within three main sections: product inspection applications, automation guidance applications and identification/traceability applications.  Once the results are calculated, a record of the evaluation can be printed to share with colleagues. Cost management is a global concern; Cognex, as a global corporation, recognizes this and is pleased to offer this tool in nine languages: Chinese (Simplified and Traditional), English, French, German, Italian, Japanese, Korean and Spanish.

For more information, please visit www.cognex.com/costsavings.

MEDIA CONTACT:
Annmarie Latta
Gray & Rice Public Relations
Phone: (617) 367-0100 ext. 168
Email: alatta@gr2000.com

About Cognex Corporation

Cognex Corporation designs, develops, manufactures and markets a wide range of image-based products, all of which use artificial intelligence (AI) techniques that give them the human-like ability to make decisions on what they see. Cognex products include machine vision systems, machine vision sensors and barcode readers that are used in factories and distribution centers around the world where they eliminate production and shipping errors.

Cognex is the world's leader in the machine vision industry, having shipped more than 1.5 million image-based products, representing over $5 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 online at www.cognex.com.

GET ACCESS TO SUPPORT & TRAINING FOR PRODUCTS & MORE

Join MyCognex

HAVE ANY QUESTIONS?

Cognex representatives are available worldwide to support your vision and industrial barcode reading needs.

Contact Us