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Canopy vision

USA, Florida
Market: Light industry, Production, Electronics, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 26.12.2021
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Idea

Canopy Vision is a hardware and software vision platform for industrial and manufacturing companies to deploy smart cameras quickly to solve a wide range of business problems.

Current Status

Initially developed alongside consulting projects deploying vision in customer facilities. Now we have a product out of the beta stage in both the hardware and software. $65k revenue generated this year + $50k+ in committed revenues for next year. Currently in pilot projects with multiple companies that would lead to $350k revenue if proven successful. In discussions with multiple other industrial/manufacturing companies now.

Problem or Opportunity

A.I. Vision systems are expensive to implement, pose technical hurdles for real-time production use, and often fail in the harsh, dirty environments found at chemical plants, mines, utilities, and other industrial locations. Projects can cost over $50k to deploy, often with high rates of failure and expensive support costs.

Solution (product or service)

Canopy Vision offers:
1. No-Code Web Portal that lowers the cost of camera and A.I. deployments.
2. Edge Computing hardware for fast, accurate, and scalable A.I.
3. Self-Cleaning Industrial cameras for success in the harshest environments -- or the ability to work with any other existing cameras.

Business model

We offer several options depending on the customer and the project. We offer a Hardware-as-a-service model, including multiple various services and software upgrades. We also offer our hardware as an up-front purchase with additional ongoing services.

Incubation/Acceleration programs accomplishment

Newchip
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