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Advantech Acquires Image Acquisition Specialist BitFlow

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Industrial IoT technology developer Advantech has acquired image acquisition and AI machine vision technology firm BitFlow Inc. Per the cash acquisition, Advantech said, it will further BitFlow’s market foundation, product range, and core technologies in high-speed image acquisition. BitFlow is a leading developer of frame grabbers. According to Magic Pao, associate vice president of Advantech’s industrial cloud and video group, while the application of advanced computer vision has been highly integrated with AI solutions, strong growth in industrial AI has become much more...Read full article

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    Published: September 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...
    artificial intelligence
    The ability of a machine to perform certain complex functions normally associated with human intelligence, such as judgment, pattern recognition, understanding, learning, planning, and problem solving.
    Businessacquisitionsmachine visionAIartificial intelligenceAsia-PacificAdvanTechAmericasBitFlowThe News Wire

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