ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

IVDA Iveda Solutions Inc

5.25
-0.53 (-9.17%)
04 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Iveda Solutions Inc NASDAQ:IVDA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.53 -9.17% 5.25 5.25 5.39 6.04 5.1228 6.04 337,106 00:59:57

Iveda’s VumastAR Speeds up Assembly Line and Improves Accuracy using Custom AI Models for Major Computer Manufacturer

24/09/2024 1:30pm

Business Wire


Iveda Solutions (NASDAQ:IVDA)
Historical Stock Chart


From Jul 2024 to Jan 2025

Click Here for more Iveda Solutions Charts.

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.”

Olivia Civiletto Erwin iveda@dottedlinecomm.com

1 Year Iveda Solutions Chart

1 Year Iveda Solutions Chart

1 Month Iveda Solutions Chart

1 Month Iveda Solutions Chart

Your Recent History

Delayed Upgrade Clock