Epson, Cross Compass partner on AI

Epson Australia Pty Ltd

Wednesday, 29 May, 2019

Epson, Cross Compass partner on AI

A partnership focused on artificial intelligence has begun, with Epson purchasing shares in venture company Cross Compass.

Cross Compass, established in 2015, sees artificial intelligence as a next-generation core technology. It uses deep learning techniques to analyse data, provide AI consulting services, and develop and provide algorithms and neural networks. Cross Compass has earned a particularly strong reputation among its customers in the manufacturing industry.

Cross Compass also provides Manufacturing-IX (M-IX), an integrated development environment (IDE) for the manufacturing industry that enables easy implementation of AI without requiring AI expertise.

Epson, as stated in its Epson 25 Corporate Vision, seeks to transform the future of manufacturing by strengthening its business infrastructure as a manufacturing company, driving advances and efficiency improvements in manufacturing and production control, and innovating manufacturing processes. The development, application and implementation of AI are seen as critical for achieving this vision.

By forging capital and business ties with Cross Compass, Epson seeks to combine the unique technologies of both companies to achieve business synergies that will drive manufacturing process innovations and advances in product intelligence.

Image credit: ©stock.adobe.com/au/peshkova

Please follow us and share on Twitter and Facebook. You can also subscribe for FREE to our weekly newsletter and quarterly magazine.

Related News

Australian businesses link sustainability and profit

More than two-thirds of Australian business leaders polled by SAP see a moderate to strong link...

Sustainability of hybrid clouds to be a hot topic by 2026

Gartner expects half of all organisations to adopt sustainability-enabled monitoring of the...

AI transforming service role for ANZ organisations

New research released by Salesforce seeks to quantify the impact the AI revolution is having on...


  • All content Copyright © 2024 Westwick-Farrow Pty Ltd