IT News Online – Johnson Electric and Cortica Create New Lean AI Joint Venture to Bring Revolutionary Quality Inspection to Manufacturing

Automating manufacturing quality assurance through autonomous AI will drive flawless quality and production while enabling quick and easy setup on the production line

TEL AVIV, ISRAEL / HONG KONG SAR – Media OutReach – November 11, 2021 – Johnson Electric Group and Cortica Group have formed a joint venture to build a stand-alone inspection system to revolutionize the quality inspection market. Lean AI is a breakthrough startup that will leverage Johnson Electric’s vast knowledge and experience in manufacturing processes and Cortica’s unique autonomous AI technology to revolutionize the visual inspection market.

Today, the deployment of supervised deep learning-based quality assurance systems can take weeks or even months. Existing systems depend on a data scientist or AI expert and require large training sets manually labeled with thousands of sample defect images. Requiring constant maintenance and recycling for the smallest variations, the system is unable to adapt to defects, new products and new cameras.

Lean AITechnology surpasses existing challenges of supervised deep learning-based quality assurance systems with the power of unsupervised learning to process information in a fraction of a second, uses unlabeled data, enforces predictive quality assurance and compiles data that increases the speed of deployment and scaling. As an open platform independent of camera, fault type and product, Lean AI can collaborate with all integrators, OEMs and manufacturers of automation solutions.

“With the power of Cortica’s autonomous AI technology and JE’s vast market knowledge, Lean AI will deliver a product that will reduce the cost of human error in quality inspection in manufacturing and address vulnerabilities in today’s market, ”said Karina Odinaev, CEO of Lean AI.

“Johnson Electric is very pleased to announce this new joint venture with Cortica. We are fully aware of the fundamental challenges that accompany the deployment of AI-based quality assurance software in the production environment, especially in terms of speed of deployment and reliability over time, ”said Austin Wang, vice -Chairman of Johnson Electric. “Cortica’s autonomous AI technology can solve many of these major problems and enable much faster and wider adoption.”

“Cortica has developed a self-learning AI that is fundamentally different from traditional deep learning systems. Autonomous AI technology works like a human brain – it is not a fixed system; instead, she constantly adapts to various scenarios and learns online in real time. Its technology requires much less computing power, can be deployed at a fraction of the cost, and offers much higher performance, ”said Igal Raichelgauz, founder and president of Cortica. “Our technology is robust and generic and applicable in a multitude of signal domains such as visual, audio, time series and others; visual inspection is just the start. Autonomous AI technology is quickly becoming the benchmark for the industry. “

The global machine vision market is currently valued at US $ 11 billion and is expected to reach US $ 15.5 billion by 2026. As these numbers continue to grow and AI technology advances, the Opportunity for machine vision solutions to positively help manufacturers’ revenue potential with reduced defects gives way to a new system that will fundamentally change the industry’s approach to quality assurance.

Commenting further on the formation of Lean AI, Austin Wang said, “Johnson Electric’s vast experience in a wide range of manufacturing processes provides a unique platform to develop this technology for commercial purposes. The joint venture also opens up a new avenue for Johnson Electric to develop and market software offerings. It is therefore an innovation that is both technological and commercial for us. There are also opportunities to apply the technology to predictive quality and expert systems. This is Johnson Electric’s second investment in Israeli technology and we will continue to assess these relevant opportunities. . “

Learn more about which revolutionary technology Lean AI brings to the quality inspection space: https://lean-ai-tech.com/

About the Johnson Electric Group

Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems and associated electromechanical components. It serves a wide range of industries including automotive, smart meters, medical devices, commercial equipment, home automation, ventilation, white goods, power tools, and lawn and garden equipment. The Group is headquartered in Hong Kong and employs more than 35,000 people in 22 countries around the world. Johnson Electric Holdings Limited is listed on the Hong Kong Stock Exchange Limited (stock code: 179).

About Cortica Group

Cortica Group has developed an autonomous AI that simulates natural processes in the mammalian cortex. Its unsupervised approach to learning mimics the way the brain processes information: allowing machines to learn, collaborate, and interact with the world without human intervention. The technology is backed by more than 250 patents and patent applications and 10 years of cutting edge research and is revolutionizing visual intelligence for a smarter and safer world.

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