MESA, Ariz.--(BUSINESS WIRE)--Sep 24, 2024--
Iveda (NASDAQ: IVDA), a global leader in cloud-based AI, today announces the initiation of a proof-of-concept (PoC) project using its innovative AI vision software, vumastAR, to enhance assembly line efficiency and precision for a major computer manufacturer in Asia. VumastAR (pronounced “view master”) is an adaptable AI vision software designed to simplify complex processes, making day-to-day operations more efficient and accurate.
The PoC will focus on leveraging vumastAR’s advanced AI models to inspect and monitor critical computer hardware components throughout the assembly line. This innovative approach aims to improve both speed and accuracy by utilizing AI-driven detection and real-time alerts, reducing human error, enhancing quality control, and ultimately increasing the return on investment (ROI) for manufacturers.
"VumastAR's capabilities are virtually limitless as we can train custom models to meet each organization’s specific needs," said Richard Tsay, Iveda’s Director of Product. "For this project, we are utilizing AI with microscopes to inspect delicate and intricate hardware components, ensuring the highest level of precision in quality control."
David Ly, CEO and Founder of Iveda adds, "As the demand for faster and more accurate assembly lines continues to grow, we're excited to offer AI-driven solutions that accelerate processes and improve ROI for our clients. We are honored to have earned the trust of major manufacturers globally and remain committed to delivering cutting-edge technology that aligns with their operational goals."
The global computer hardware manufacturing industry is constantly seeking new ways to optimize production lines, reduce waste, and maximize quality assurance. According to McKinsey, companies that have integrated AI and machine learning into their quality assurance processes have seen a reduction in the total warranty costs by up to 30%.
With the implementation of vumastAR, Iveda is positioned to help manufacturers across Asia and beyond to meet these evolving needs. The platform’s customizable AI models and continuous learning algorithms are designed to tackle new challenges and deliver tailored solutions, ensuring that clients remain competitive in a rapidly advancing technological landscape.
For more information on how vumastAR can be trained to enhance your organization’s operations and efficiency, please contact us at sales@iveda.com.
About Iveda Solutions®
Iveda (NASDAQ: IVDA) provides global solutions for cloud-based video AI search and surveillance technologies that protect the people, places, and things that matter most. Iveda’s technology delivers instant intelligence to existing infrastructure, enabling cities and organizations worldwide to seamlessly enter the fifth industrial revolution. Iveda operates at the forefront of the digital transformation of cities across the globe, using IoT platforms with smart sensors and devices to support public safety, security, elderly care, energy efficiency, and environmental preservation. Headquartered in Mesa, Arizona, with a subsidiary in Taiwan, Iveda is publicly traded under the ticker symbol “IVDA.”
View source version on businesswire.com:https://www.businesswire.com/news/home/20240924064795/en/
CONTACT: Olivia Civiletto Erwin
iveda@dottedlinecomm.com
KEYWORD: ARIZONA UNITED STATES NORTH AMERICA