Visual AI

Visual AI: Five Steps to Greater Profitability in Manufacturing

AIRED ON: November 30, 2022

Webinar Summary

Manufacturers today rely on everything from Scada and sensor data to insights from repair orders and equipment bulletins. Unfortunately, traditional means of processing information are insufficient to provide real-time actional recommendations. Artificial intelligence redefines how discrete and process manufacturers improve plant safety, quality control, and operational throughput.

But the stakes remain high. On the safety front, there are nearly 340 million workplace accidents and injuries worldwide, costing U.S. businesses over $250 billion. Manufacturing represents the highest percentage overall, with employers spending $120,000 per accident on workplace injuries. Regarding quality, 96% of organizations report a product recall over the last five years, with 58% caused by operational mistakes. Finally, in terms of productivity, companies report losing 21 workdays a year due to unplanned downtime costing billions.

Visual AI redefines how manufacturers leverage existing infrastructure and cameras to avoid near misses, identify product defects, and ensure process compliance.

In this webinar, SparkCognition’s Cory Rhoads explains how organizations are using visual AI to:

  • Achieve a 4x improvement in worker safety
  • Improve quality performance by 20% or more
  • Reduce downtime by as much as 80%

About the Speaker

Cory Rhoads

Cory Rhoads is a results-oriented executive and experienced business consultant, skilled in advising companies to help them achieve strategic initiatives with proven software capabilities. He has been partnering with organizations for over 23 years and is driven by the success of aligning industry-leading solutions to meet each company’s unique needs. As SparkCognition’s VP of Visual AI, he is helping many of the world’s top consumer brands successfully deploy and scale artificial intelligence solutions to achieve new levels of operational excellence, quality and efficiency, resulting in greater productivity and predictability across the enterprise. Cory holds a BBA in Accounting, with a minor in Information Technology, from Stetson University.

Watch It Now

Visual AI: Five Steps to Greater Profitability in Manufacturing originally aired on November 30, 2022. Did you miss this webinar? No need to worry. You can watch it on-demand today!

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