KoiReader Created a Logistics Solution with Computer Vision Tech
Colin Smith — May 20, 2022 — Tech
References: koireader & truckinginfo
'KoiReader' is a Dallas-based technologies firm that is creating a solution for logistics organization and automation by leveraging image recognition and computer vision technologies. The company created a technology that utilizes artificial intelligence (AI) in order to make logistics data more comprehensible and compatible.
The technology scans documents with its automation API in order to extract information and digitize the data into a widely compatible document structure. The KoiReader technology uses image recognition and computer vision in order to analyze the entirety of a document with high precision, meaning this is a far different system than a text recognition software.
Vivek Prasad, the CEO of KoiReader, believes this technology can reduce theft and errors across logistics systems while also improving data surveillance and protecting sensitive information.
Image Credit: KoiReader
The technology scans documents with its automation API in order to extract information and digitize the data into a widely compatible document structure. The KoiReader technology uses image recognition and computer vision in order to analyze the entirety of a document with high precision, meaning this is a far different system than a text recognition software.
Vivek Prasad, the CEO of KoiReader, believes this technology can reduce theft and errors across logistics systems while also improving data surveillance and protecting sensitive information.
Image Credit: KoiReader
Trend Themes
1. Logistics Automation - Companies leveraging computer vision and AI for logistics organization and automation.
2. Image Recognition Technology - Advancements in image recognition technology for more precise document analysis and data extraction in logistics.
3. Data Security in Logistics - Increasing emphasis on utilizing technology for improving data surveillance and protecting sensitive information in logistics operations.
Industry Implications
1. Logistics - Technology-based logistics startups embracing computer vision and data digitization solutions for automation and efficiency.
2. Artificial Intelligence (AI) - Companies across various sectors investing in artificial intelligence for document automation, data security, and efficiency.
3. Software Development - Increasing demand for software development services to cater to the rising needs of automated logistics solutions.
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