Explore the words cloud of the TECHEYE project. It provides you a very rough idea of what is the project "TECHEYE" about.
The following table provides information about the project.
INOVALABS DIGITAL, SL
|Coordinator Country||Spain [ES]|
|Total cost||71˙429 €|
|EC max contribution||50˙000 € (70%)|
1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
|Duration (year-month-day)||from 2019-12-01 to 2020-03-31|
Take a look of project's partnership.
In the automotive industry, quality is the key differentiating factor. Scraps and defects represent a major risk to performance and competitiveness, leading to very high costs. Besides, there is no specific solution in the market for the automatic quality control of defects in plastic injection and painting defects, forcing manufacturers to maintain primitive techniques based on human vision, that can be time-consuming and costly. By applying Artificial Intelligence (AI) to visual inspections, organisations can identify defects by matching patterns to images that were previously analysed and classified. They could be detected up to 90% more accurately than humans. In addition, reduction of personnel costs, rework, and scrap yields a total cost reduction of approximately 9% (~ €26 billion). A new market report from Market&Market claims that automotive AI will reach €9.37 billion by 2025, at a CAGR of 38.46%. TECHEYE® is an innovative solution offering a fully automated directional vision system coupled with a self-calibration lighting unit, based on Neural Networks. It comprises suitable hardware for images acquisition, a communications system and software for image processing and analysis. Our algorithms can automate visual inspection activities, even under complex conditions like variable position, orientation of units or tough lighting conditions. TECHEYE® is able to classify injection faults: gusts, ampoules, pores and scratches. We offer an affordable web service, user-friendly as plug and play, enabling defect classification. TECHEYE® can be really suitable for automotive OEMs and plastic injection companies to enhance their production lines, the quality assurance and cost reduction. INOVALABS is a technical consulting company founded in 2004 in Vigo (Spain), providing services related to the definition of innovation and competitiveness strategies, and design of R&D projects. TECHEYE® will boost the company revenues streams over a new market niche
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The information about "TECHEYE" are provided by the European Opendata Portal: CORDIS opendata.
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