machine vision

Market Forecast Charts Rise of Image Recognition

Market Forecast Charts Rise of Image Recognition

The global image recognition market will grow at an annual rate of 21.8 percent between 2018 and 2025, when it will be worth $86 billion, according to a new forecast from Allied Market Research. Cloud-based image recognition services will grow the fastest, according to the firm’s report, with a CAGR of 23.3 percent over the…

New AI System Can Spot Eye Disease Better Than Doctors

New AI System Can Spot Eye Disease Better Than Doctors

AI-driven computer vision could help to save organic human vision, with a new automated system able to identify over 50 eye diseases more accurately than doctors. It’s the product of a collaboration between AI specialist DeepMind, the UK’s Moorfields eye hospital NHS foundation, and the University of College London. The system is designed to read…

Evolv Technology Marks Face Scanning Security Milestone

Evolv Technology Marks Face Scanning Security Milestone

Boston-based Evolv Technology is celebrating an important milestone with the news that its AI-driven computer vision technology has scanned more than a million people. The company’s platform, Evolv Edge, is designed to scan video feeds for security threats based on a combination of object and facial recognition. Evolv says it conducted trials of its platform…

Image Recognition Market Sees 19.7% CAGR Growth Trend: Report

Image Recognition Market Sees 19.7% CAGR Growth Trend: Report

The global image recognition market is in the middle of a considerable growth trend, according to a new analysis from Progressive Markets. Using 2015 as a benchmark, the India-based research agency says that the market will grow from a value of $13.7 billion to $79.8 billion by 2025, reflecting a CAGR of 19.7 percent. In…

IBM Developing Huge Public Dataset to Help Eliminate Bias from Facial Recognition

IBM Developing Huge Public Dataset to Help Eliminate Bias from Facial Recognition

“IBM is going to release a dataset of 36,000 facial images that will be equally distributed across a range of ethnicities, genders, and ages.” As the competition to develop sophisticated facial recognition systems continues to escalate, IBM is preparing to make a decidedly counterintuitive move, with plans to release a huge dataset for training facial…

Biometric Surveillance Specialist to Bring Face Scanning to London Stadium

Biometric Surveillance Specialist to Bring Face Scanning to London Stadium

Israel-based AnyVision says it’s bringing biometric entry to a sports stadium in London this summer, but it’s not saying which one. As the Evening Standard reports, the revelation came at this week’s Ifsec International Security Show in Newham, where AnyVision’s founder, Eylon Etshtein, explained that the stadium deployment will replace tickets with face biometrics, scanning individuals…

‘Our Company Should Not Be In the Surveillance Business’: Amazon Employees

‘Our Company Should Not Be In the Surveillance Business’: Amazon Employees

Amazon’s own employees have now joined the chorus of voices calling for the company to halt its sale of biometric surveillance technology to law enforcement and other government agencies. Their demand has surfaced in an open letter to Jeff Bezos with an undisclosed number of signatories. The letter has arrived immediately after another open letter,…

ACLU Criticism of Amazon Facial Recognition Pays Dividends

ACLU Criticism of Amazon Facial Recognition Pays Dividends

Just a month after the ACLU made Amazon’s sale of facial recognition technology to government authorities a matter of public debate, a group of prominent Amazon shareholders are calling on the company to halt such business activities, at least until the proper oversight is put in place. The controversy concerns Rekognition, Amazon’s machine vision solution,…

Industrial Farming Turns Facial Recognition to Cows

Industrial Farming Turns Facial Recognition to Cows

“The companies say their focus will first be on dairy farming, but that ultimately this approach will be taken to swine, poultry, and fish farming ‘over the next several months…’” Agricultural giant Cargill is looking to bring AI-driven machine vision to farming with a new partnership. The company has taken a partial stake in Cainthus,…

Machine Vision Doesn’t Stop at Facial Recognition

Machine Vision Doesn’t Stop at Facial Recognition

Among the tech world buzzwords that are currently being tossed around like confetti – “blockchain”, “neural network”, “the IoT” – “machine vision” is perhaps the most straightforward. It really means just that: The ability of a machine to see. It’s a branch of artificial intelligence that has become increasingly prominent in recent months and years,…

Seeing AI App Helps Blind Users Recognize Faces

Seeing AI App Helps Blind Users Recognize Faces

A new app that describes what an iPhone’s camera can see could prove useful to blind and visually impaired users. Called Seeing AI, the app uses computer vision to provide descriptive aid to users. It can read documents and scan barcodes, beeping at an increasing rate to let users know when their camera is getting…