Cognex Broadens Its Market Opportunity With AI

  • Cognex Corporation is positioned for growth in industrial automation with new AI-enabled scanning technologies, broadening its marketability to customers seeking plug-and-play solutions. Management sees growth in the manufacturing and logistics markets while automotive lags. Cognex has focused on improving its go-to-market strategy by focusing on a more hands-on approach, potentially improving customer relationships for long-term CGNX growth.