TL;DR:
- NEORIS, a technology company with over 20 years of experience, introduces an advanced AI solution for businesses.
- The AI tool combines object detection and tracking capabilities, enhancing efficiency and security in various industries.
- CEMEX, a sustainable construction leader, benefits from NEORIS’ solution, improving logistics and delivery coordination.
- The solution leverages innovative technologies like Computer Vision and neural networks.
- Gilberto Quintanilla, Associate Director at NEORIS, emphasizes their commitment to innovation and automation.
- The tool provides analytical reports and real-time information, boasting a 90% accuracy rate in object location.
- It is operational in eight CEMEX plants in the US and Mexico, with plans for expansion in Latin America.
- The technology can be customized for various applications, including health and safety, train wagon tracking, and inventory management.
- Latin America witnessed a surge in AI investment, with sectors like finance, logistics, and infrastructure taking the lead.
Main AI News:
In the realm of technological advancement, NEORIS, a seasoned technology company with a legacy spanning more than two decades, has taken the initiative to introduce a groundbreaking Artificial Intelligence (AI) tool. This remarkable solution seamlessly integrates cutting-edge object detection and tracking capabilities, revolutionizing the precision with which behavioral patterns in both vehicles and personnel can be identified within industrial settings, including plants, terminals, production facilities, and distribution centers. The versatility of this technology spans diverse industries, promising enhanced efficiency, proactive prevention measures, and elevated security standards.
Among the early adopters of this game-changing platform stands CEMEX, a prominent leader in sustainable construction materials and solutions. Thanks to NEORIS’ visionary solution, this construction giant has experienced a remarkable transformation in its logistical operations. The implementation of NEORIS’ AI solution has led to significant enhancements in logistics efficiency, optimizing various aspects such as total service time, truck management, and delivery coordination.
What sets this AI solution apart is its adept utilization of innovative technologies, including Computer Vision, image recognition, Edge Computing, neural networks, and advanced data analysis. Gilberto Quintanilla, Associate Director and Project Leader at NEORIS, underscores the company’s dedication to innovation and the pursuit of excellence through transformative AI solutions. He states, “We proactively invest in acquiring and developing cutting-edge capabilities to empower our clients with transformative Artificial Intelligence solutions. By leveraging advanced visual recognition technologies, we drive innovation, automation, and better decision-making across all industries. This approach fosters a competitive advantage in today’s data-driven world.”
A distinctive advantage of this tool lies in its capacity to deliver an extensive array of analytical reports, real-time operational information, and dynamic dashboards. Remarkably, it boasts an impressive 90% accuracy rate in object location, leading to the optimization of infrastructure and cargo processes. This optimization, in turn, results in reduced overall costs, streamlined delivery times, and the assurance of heightened customer satisfaction.
Currently operational in eight CEMEX plants in the United States and Mexico, the solution’s potential extends far beyond these borders. It aspires to further its reach across other Latin American countries where NEORIS has established a significant presence. The adaptability of this technology is a testament to its versatility, making it well-suited for customized applications tailored to the specific needs of any company or business line, regardless of geographical location. Notable applications encompass diverse domains, including health and safety, train wagon track monitoring, ship and barge tracking, and the efficient management of physical inventory.
As the global landscape tilts toward the widespread adoption of AI, Latin America is firmly entrenched in this technological wave. The region witnessed a substantial surge in investment and the implementation of AI-based solutions. Data from the OECD AI Policy Observatory reveals that in 2022, the financial services and insurance sectors emerged as the primary beneficiaries of venture capital investments in artificial intelligence across seven Latin American countries. Peru, Chile, and Colombia showcased robust investments in fintech, insurance, and related domains.
Meanwhile, Mexico took center stage with the logistics, retail, and wholesale sectors, attracting the lion’s share of venture capital dedicated to AI projects. Argentina and Brazil concentrated on nurturing infrastructure computing startups, firmly establishing their dominance in this arena. Uruguay, on the other hand, channeled all investments into the business processes and support services sector, making it a standout recipient of AI investment in the country.
Conclusion:
NEORIS’ trailblazing AI solution heralds a new era of efficiency and security across industries, with CEMEX serving as a testament to its transformative potential. Latin America’s embrace of AI further solidifies the region’s position at the forefront of technological progress, with diverse sectors benefiting from substantial investments in artificial intelligence.
