Basler

Artificial Intelligence Driving Quality Control Machine Vision Market to US$7.2 Billion by 2028

Retrieved on: 
Tuesday, January 2, 2024

NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Machine Vision (MV) Solutions for quality control in manufacturing are becoming ever more essential for manufacturers due to increased regulatory requirements, new manufacturing techniques, and crippling labor shortages.

Key Points: 
  • NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Machine Vision (MV) Solutions for quality control in manufacturing are becoming ever more essential for manufacturers due to increased regulatory requirements, new manufacturing techniques, and crippling labor shortages.
  • According to a new report from global technology intelligence firm ABI Research, the market is facing a period of significant evolution due to the growing presence of Artificial Intelligence (AI) solutions acting as an enabling technology, which will fuel growth in the quality control machine vision market to reach US$7.2 billion by 2028, up from US$2.3 billion in 2023.
  • "AI is accelerating and improving the efficiency of the MV market.
  • It increases inspection speeds and enables the movement of quality upstream, and AI systems are more adaptable than traditional software.

Artificial Intelligence Driving Quality Control Machine Vision Market to US$7.2 Billion by 2028

Retrieved on: 
Tuesday, January 2, 2024

NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Machine Vision (MV) Solutions for quality control in manufacturing are becoming ever more essential for manufacturers due to increased regulatory requirements, new manufacturing techniques, and crippling labor shortages.

Key Points: 
  • NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Machine Vision (MV) Solutions for quality control in manufacturing are becoming ever more essential for manufacturers due to increased regulatory requirements, new manufacturing techniques, and crippling labor shortages.
  • According to a new report from global technology intelligence firm ABI Research, the market is facing a period of significant evolution due to the growing presence of Artificial Intelligence (AI) solutions acting as an enabling technology, which will fuel growth in the quality control machine vision market to reach US$7.2 billion by 2028, up from US$2.3 billion in 2023.
  • "AI is accelerating and improving the efficiency of the MV market.
  • It increases inspection speeds and enables the movement of quality upstream, and AI systems are more adaptable than traditional software.

EQS-News: Basler AG: Business figures for the first nine months of 2023 - restructuring on track, forecast confirmation for 2023 at the lower end

Retrieved on: 
Saturday, December 30, 2023

Basler AG: Business figures for the first nine months of 2023 - restructuring on track, forecast confirmation for 2023 at the lower end

Key Points: 
  • Basler AG: Business figures for the first nine months of 2023 - restructuring on track, forecast confirmation for 2023 at the lower end
    The issuer is solely responsible for the content of this announcement.
  • In addition to the weak operating business, extraordinary restructuring expenses of Euro 10.3 million had a negative impact on earnings in the third quarter.
  • The almost balanced operating cash flow amounted to Euro -0.1 million (previous year: Euro 2.5 million).
  • Cash flow from investing activities amounted to Euro -11.0 million (previous year: Euro -41.1 million).

SolidRun Unveils the Hummingboard 8P Edge AI SBC with Hailo-8 AI Processor

Retrieved on: 
Thursday, October 12, 2023

TEL AVIV, Israel, Oct. 12, 2023 /PRNewswire/ -- SolidRun, a leading innovator in high-performance System on Module (SOM) solutions and developer of embedded systems, is proud to announce the release of its new Hummingboard 8P Edge AI single-board-computer (SBC). Based on a unique iteration of the company's popular Hummingboard development platform and equipped with an i.MX 8M Plus SOM and Hailo-8 AI processor, this groundbreaking deployment-ready solution provides engineers with everything they need to dramatically reduce time to market for new products capable of powerful AI inference at the edge.

Key Points: 
  • Our new Hummingboard 8P Edge AI SBC encapsulates this vision, offering a total package that combines cutting-edge AI inference capabilities and broad industry support with ease of use.
  • Yaron Ofer, Regional General Manager at Hailo, adds, "The Hummingboard 8P Edge AI SBC from SolidRun represents a significant milestone in edge AI development solutions.
  • The Hummingboard 8P Edge AI SBC is now available through SolidRun's official website and select distributors, with a starting MSRP of $590 USD.
  • Click here for more information about the Hummingboard 8P Edge AI SBC.

EQS-News: Basler AG: Business figures for the first six months of 2023 - Company confirms half-year result

Retrieved on: 
Thursday, August 10, 2023

The operating cash flow amounted to Euro -1.0 million (previous year: Euro -6.1 million).

Key Points: 
  • The operating cash flow amounted to Euro -1.0 million (previous year: Euro -6.1 million).
  • This is the result of a break-even in the first half of the year and a further increase in inventories.
  • Investments in fixed assets were at an increased level due to the move into the new company building and the ERP system change to SAP S/4 Hana.
  • As a result, this led to a free cash flow of Euro -9.6 million (previous year: Euro -34.4 million).

EQS-News: Basler AG: Basler sells block of shares

Retrieved on: 
Sunday, June 11, 2023

Ahrensburg, June 10, 2023 – BASLER AG, a leading provider of image processing components for computer vision applications, has sold a block of shares.

Key Points: 
  • Ahrensburg, June 10, 2023 – BASLER AG, a leading provider of image processing components for computer vision applications, has sold a block of shares.
  • Yesterday, the Basler group sold 500,000 pieces of its own shares “over the counter (OTC)” at a share price of Euro 19.25 per share, excluding the subscription rights of shareholders.
  • The proceeds from the sale of own shares strengthen the company’s equity base and serve the announced interests of the company.
  • Basler AG is an international leader and experienced expert in computer vision.

EQS-News: Basler AG: Basler sells block of shares

Retrieved on: 
Friday, May 12, 2023

Ahrensburg, May 12, 2023 – BASLER AG, a leading provider of image processing components for computer vision applications, has sold a block of shares.

Key Points: 
  • Ahrensburg, May 12, 2023 – BASLER AG, a leading provider of image processing components for computer vision applications, has sold a block of shares.
  • Yesterday, the Basler group sold 394,000 pieces of its own shares “over the counter (OTC)” at a share price of Euro 20.40 per share, excluding the subscription rights of shareholders.
  • The proceeds from the placement of own shares strengthen the company’s equity base and serve the announced interests of the company.
  • Basler AG is an international leader and experienced expert in computer vision.

Global Industrial Machine Vision Camera Market Report to 2028: Surge in Adoption of Artificial Intelligence, Industrial Robots and Industry 4.0 Drives Growth

Retrieved on: 
Friday, March 24, 2023

Growth Drivers: One of the most important factors impacting the global industrial machine vision camera market is the surge in adoption of industrial robots.

Key Points: 
  • Growth Drivers: One of the most important factors impacting the global industrial machine vision camera market is the surge in adoption of industrial robots.
  • Challenges: However, the market has been confronted with some challenges specifically, high cost of industrial machine vision camera and difficulty in maintenance of industrial machine vision camera, etc.
  • Embedded machine vision is becoming increasingly popular in the industrial machine vision camera market as it offers a compact and cost-effective solution for many industrial applications.
  • Global industrial machine vision camera market is concentrated market with top 3 players - Keyence, Teledyne Technologies Incorporated and Cognex hold around 47% of market share.

EQS-News: Basler AG: Preliminary business figures for 2022 - Basler grows with record sales and starts 2023 with an increased order backlog

Retrieved on: 
Monday, February 27, 2023

However, demand flattened out in the course of the fiscal year and Basler group’s incoming orders decreased by 23 % to Euro 248.4 million (previous year: Euro 322.5 million) compared to the extremely strong previous year.

Key Points: 
  • However, demand flattened out in the course of the fiscal year and Basler group’s incoming orders decreased by 23 % to Euro 248.4 million (previous year: Euro 322.5 million) compared to the extremely strong previous year.
  • The order backlog is still on an increased level and allows for a solid start into fiscal year 2023.
  • The forecast for 2023 and further background information on the 2022 results will be published together with the final figures and the annual report 2022 on March 30, 2023.
  • Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 – 62, 22926 Ahrensburg, Tel.

EQS-News: Basler AG: Business figures for the first nine months of 2022 - Basler AG reaches record sales in the first nine months

Retrieved on: 
Friday, November 11, 2022

In the first nine months, the Basler group reached a new sales record and broke the barrier of 1,000 employees.

Key Points: 
  • In the first nine months, the Basler group reached a new sales record and broke the barrier of 1,000 employees.
  • Compared to the reference period 2021, sales increased by 25 % to Euro 205.2 million (previous year: Euro 164.6 million).
  • Incoming orders decreased, adjusted for cancellations from orders from fiscal year 2021, by 12 % to Euro 209.7 million (previous year: Euro 237.6 million).
  • High incoming orders and book-to-bill ratios persisted into the first quarter and then changed in the course of the first nine months.