E-con Systems Secures $13M to Fuel Global Expansion

RIVERSIDE, Calif., May 16, 2023 — OEM camera solution provider e-con Systems, which additionally develops embedded vision technology, computer on-module products, and solutions for autonomous mobile robots, agriculture, traffic, life science, and other markets, has secured $13 million to expand its operations within the U.S. and other countries. The company said that it aims to increase its revenue threefold in the next four years. Private equity firm GR 2022 Holdings provided the funding.

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Published: May 2023

Glossary

machine vision: Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
computer vision: Computer vision enables computers to interpret and make decisions based on visual data, such as images and videos. It involves the development of algorithms, techniques, and systems that enable machines to gain an understanding of the visual world, similar to how humans perceive and interpret visual information. Key aspects and tasks within computer vision include: Image recognition: Identifying and categorizing objects, scenes, or patterns within images. This involves training...
embedded vision: Embedded vision refers to the integration of computer vision technologies into various embedded systems, devices, or machines. Computer vision involves teaching machines to interpret and understand visual information from the world, much like human vision. Embedded vision takes this concept and applies it to systems where the processing occurs locally within the device, as opposed to relying on external servers or cloud-based services. Key components of embedded vision systems include: ...