COMPUTER VISION

© 2015 MERA Software Services. All rights reserved. www.merasws.com April 2015

In compliance with the market research from BCC Research, the global market for the machine vision system components is totaled to $15.7 billion in 2014. The market should reach $17.1 billion in 2015 and about $26.9 billion in 2020, registering a compound annual growth (CAGR) of 9.4% over the next five years.

About 14% from market revenue is spent on R&D work. Here are some examples of CV projects:

Computer Vision (CV) technologies are used in a number of vertical industries such as automotive, semiconductor, consumer electronics, food & packaging, printing, healthcare, military & defense, logistics and many more.

In video surveillance industry CV is used for video analytics and generating meaningful alerts. Video analytic systems allow to detect events such as movement in a zone, motion from one area to another, item appearance or disappearance in a zone, face detection and many others. MERA has implemented MERA Watch framework with CV functionality, which can be integrated with the 3rd party video surveillance

party video surveillance systems, video cameras from any vendors and provides intelligent CV functions.

In manufacturing industry CV is used for counting and controlling of the produced items. MERA has developed a WEB solution for quality control within the production cycles. The CV component of the solution can be programmed to recognize the produced items and flaws. This process automates quality management activities.

CV technologies can be used in biology and medicine. MERA has successfully developed projects which automatically recognize and count biology structures in photos made by a microscope. The framework suits biologic/medicine research projects perfectly.

MERA is involved in CV projects for the retail industry. In the retail industry many manual operations can be automated with the use of CV. As an example, merchandisers can use CV applications from smartphones to define an optimal position of goods at sales points. In a retail shop the video surveillance can catch a person’s interest towards some goods and the corresponded advertisement appears on a monitor.

Smartphones, tablets and Smart TVs run software applications to recognize gestures and react to users’ behavior. The total available market in gesture recognition for mobile hardware stands at around 25% of the overall global gesture recognition market and is expected to grow at a CAGR of 25% from 2013 to 2018. MERA is implementing several R&D projects in gesture recognition domain.

© 2015 MERA Software Services. All rights reserved. www.merasws.com April 2015

In the automotive industry CV is used for driver assistance systems and for autonomous vehicles. In the 2040s autonomous vehicles will represent approximately 50% of vehicle sales, 30% of vehicles, and 40% of all vehicle travel. Google has announced the first fully working road-legal prototype of its self-driving car. Google hopes to produce around 200 of the prototype cars. If all goes to plan, Google will partner with a real car maker to bring a self-driving vehicle to market in the next five years.

CV increasingly penetrates into our everyday life. MERA features a solid track record of successfully delivered CV R&D projects. At MERA software design and development services are performed by highly efficient and well-coordinated teams with clearly defined goals.

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