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Cognex Corporation Value Stock - Dividend - Research Selection

Cognex

ISIN: US1924221039 , WKN: 878090

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Description of the company

Cognex Corporation was incorporated in Massachusetts in 1981. Our corporate headquarters are located at One Vision Drive, Natick, Massachusetts 01760 and our telephone number is (508) 650-3000.

Cognex is a leading worldwide provider of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. Machine vision products are used to automate the manufacture and tracking of discrete items, such as mobile phones, aspirin bottles, and automobile tires, by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings are obtained through the reduction of labor or improved product quality. Today, many types of manufacturing equipment require machine vision because of the increasing demands for speed and accuracy in manufacturing processes, as well as the decreasing size of items being manufactured.

 

What is Machine Vision?

Since the beginning of the Industrial Revolution, human vision has played an indispensable role in the process of manufacturing products. Human eyes did what no machines could do themselves: locating and positioning work, tracking the flow of parts, and inspecting output for quality and consistency. Today, however, the requirements of many manufacturing processes have surpassed the limits of human eyesight. Manufactured items often are produced too quickly or with tolerances too small to be analyzed by the human eye. In response to manufacturers’ needs, “machine vision” technology emerged, providing manufacturing equipment with the gift of sight. Machine vision systems were first widely embraced by manufacturers of electronic components who needed this technology to produce computer chips with decreasing geometries. However, advances in technology and ease-of-use, combined with the decreasing cost of implementing vision applications, have made machine vision available to a broader range of users.

 

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NEWS


First Week of June 21st Options Trading For Cognex (CGNX)

2024-04-19
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Cognex Announces First Quarter Earnings Release Date and Conference Call

2024-04-11
Cognex Corporation (NASDAQ: CGNX) will release earnings for the first quarter of 2024 on Thursday, May 2, 2024, before the market opens, and will host a conference call that same day at 8:30 a.m. Eastern Daylight Time (EDT). The earnings release and conference call are scheduled to coincide with the company's expected filing of its Form 10-Q for the quarter ended March 31, 2024.

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Cognex Launches the World's First 3D Vision System with AI

2024-04-02
Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today released the In-Sight® L38 3D Vision System, which combines AI, 2D, and 3D vision technologies to solve a range of inspection and measurement applications. The system creates unique projection images that combine 3D information into an easy-to-label 2D image for simplified training and reveals features not visible with traditional 2D imaging. AI tools detect variable or undefined features, while rule-based algorith

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Cognex Launches Flexible, Data-Driven Tunnel Solution Powered by the DataMan 380 Barcode Reader

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Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today introduced the 380 Modular Vision Tunnel, a new addition to the Modular Vision Tunnel portfolio, featuring the powerful DataMan® 380 barcode reader.

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