Navigating Computer Vision Projects From Prototype to Production
Computer vision is quickly gaining traction in several industries as the availability of image data grows, and artificial intelligence (AI) becomes increasingly paramount to companies worldwide. Computer vision, or CV, is a form of machine learning (ML) that helps computers see and interpret images similar to the human eye. By classifying images and the objects within, computers can then react to what they see and provide enhanced predictions, customer experiences, and security depending on the use case. There are many computer vision applications when it comes to AI, with its usage expecting to increase with time exponentially. CV in healthcare, for instance, is expected to grow from about $400 million in 2019 to $1.3 billion by the end of 2025, while 30% of retailers will have up-to-date CV technology in place over the next 12 months. The CV market as a whole is projected to be worth $18.24 billion in 2025, a massive chunk of the global AI market (which will reach an impressive $68 billion by 2026). Despite the rapid growth of computer vision projects, many companies still struggle to find the confidence to deploy it due mainly to a lack of high-quality data and limited understanding of building automated AI pipelines. Unlocking business value will require overcoming these challenges and doing so in a scalable way.What Are Some Successful Computer Vision Applications?
Many organizations have already found success with their computer vision applications, unlocking business value. These case studies highlight successes across various industries:E-COMMERCE
Shotzr provides an image database for marketing professionals comprising over 70 million images. They sought us out for high-quality training data to help create a more personalized and localized search experience for marketers. Leveraging image classification CV, Shotzr used a diverse crowd to tag numerous images with relevant categories, such as fashion, nature, and lifestyle. These images were then fed into the search algorithm for their platform, improving the recommendation and search experience. Engagement increased by 20% because marketers were able to find more relevant images and content.RETAIL
Robotics is an exciting area of AI that relies on CV. In retail, companies are placing robots on their store floors to track inventory and identify which items are low-stock or out-of-stock. Given that out-of-stock items cost $448 billion in revenue globally per year, there’s a potential for enormous cost-savings for major retailers. The robots use object detection using image annotation to identify if a product is out-of-stock, in addition to optical character recognition using image transcription to scan barcodes and output product name and price.AGRICULTURE
John Deere is shaping pesticide use by applying computer vision algorithms to identifying weeds on farms. With pixel-level image segmentation, the AI is trained to differentiate which part of an image is a crop and which part is a weed. That way, farmers can use drones to spray pesticides only on the weeds, leading to a potential 90% reduction in pesticide costs.AUTOMOTIVE
HERE is a company that creates accurate maps for many industries by leveraging video, image, and text data. Their street sign detection algorithm has ML-assisted video object tracking, and their platform can identify businesses using an optical character recognition algorithm with bounding boxes on commercial signage. HERE uses pixel-level semantic segmentation on satellite imagery to annotate buildings for pedestrian entrances, floor counts, and more. The company also uses video annotation to track cars, vehicles, and pedestrians. Our tools provide heightened machine assistance, with the model able to track each object’s movement to make human annotation of that object much more manageable. These examples demonstrate CV’s power to unlock critical cost-savings for companies across significant industries while also emphasizing the value of training data in their success.How to Approach Computer Vision Projects
