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Visual AI

Visual AI: Five Steps to Increase Production and Profitability

AIRED ON: November 15, 2022
 

Learn How to Reduce Workplace Downtime and Costly Accidents with Visual AI

Today, operators across industries–from manufacturing to energy production–rely upon everything from SCADA and sensor data to insights gleaned from repair orders and equipment bulletins to keep their operations running smoothly. Unfortunately, as the variety, volume, and velocity of data continues to grow exponentially, traditional approaches to process information have become inadequate to provide timely, actionable insights that operators need. Artificial intelligence has become the must-have technology to close this gap and take on challenges with workplace safety, quality control, and operational throughput.

On the safety front, there are nearly 340 million workplace accidents and injuries worldwide, costing U.S. businesses over $250 billion annually, with employers spending $120,000 per accident on average for workplace injuries. Regarding quality, 96% of organizations have reported 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 in losses across industry.

Visual AI redefines how operators can leverage existing camera infrastructure to avoid near misses, identify product defects, and ensure process compliance to increase profitability.

In this webinar, SparkCognition’s Curt Richtermeyer reveals 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

Curt Richtermeyer

Curt Richtermeyer is an accomplished executive, public speaker, and advisor to companies looking to find innovative software solutions for the most complex business problems. Throughout his 30+ year career in the software industry, he has developed a passion for helping companies unlock growth, optimize performance, and realize return on their software investments. As SparkCognition’s Executive Vice President of Global Sales, he leads sales teams that help the world’s most recognizable companies leverage cutting-edge artificial intelligence solutions. Prior to joining SparkCognition, Curt served as SVP and General Manager for Aurea, led North America Sales for CallidusCloud, and held senior management positions with Oracle, Trilogy, BDO, and Grant Thornton. Curt holds an MBA and a BA in Philosophy from the University of Texas at Austin.

Watch It Now

Visual AI: Five Steps to Increase Production and Profitability originally aired on November 15, 2022. Did you miss this webinar? No need to worry. You can watch it on-demand today!

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