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Cognex: Vision Systems

February 2, 2015

Cognex Corporation is headquartered in Natick, Massachusetts. It is a publicly traded company on the Nasdaq stock market under the symbol CGNEX. The firm is a leading provider of vision systems, vision software, vision sensors and surface inspection systems used in manufacturing automation. Cognex is a leader in industrial ID readers as well.

The firm helps other companies improve product quality, eliminate production errors, lower manufacturing costs, and exceed customer expectations for high quality products at an affordable price.

Some of the applications for machine vision include detecting defects, monitoring production lines, guiding assembly robots, and tracking, sorting and identify parts.

Dr. Robert J. Shillman founded Cognex in 1991. He was a lecturer in human visual perception at the Massachusetts Institute of Technology at the time.  Robert decided to leave the academe and become an entrepreneur investing his live savings of $100,000 to start the company. He invited two MIT graduate students, Marilyn Matz and Bill Silver to embark on his business venture with him. He offered them free bicycles to convince them to leave MIT for a summer. What started as a summer job for Marilyn and Bill eventually became a career. They stayed on to help co-found the company. The trio also gave the company its name – Cognex from the phrase “Cognition Experts”.

Cognex provides inspection, guidance and identification solutions to virtually all manufacturing industry sectors. In the automation equipment market, vision systems by Cognex enable a broad range of advanced automation equipment to operate reliably, accurately, and at high speed. OEMs, machine builders, equipment suppliers, robotics companies, system integrators and line builders all use Cognex vision as integral parts of the products and solutions they delivery to customers.

In the automotive market Cognex vision and ID has been used to inspect and identify virtually every type of components and sub-assembly used in vehicle production; from power trains to electronics and more.

It also supplies the Aerospace, Electronic Assembly Equipment, Document Processing and Printing, Life Sciences and Production Security, Consumer Products, Continues Process Industries, Electronics, Food and Beverage, Logistics, Pharmaceutical/Medical, Semiconductor, and solar markets.



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