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KoiReader Technologies and Kinetic Vision Announce Strategic Partnership

POSTED 05/09/2024

Chicago, IL – May 9, 2024 – KoiReader Technologies, a global leader in Vision and Generative AI-powered Logistics, Supply Chain, and Industrial Automation solutions, has announced a new partnership with Kinetic Vision, a leading product and technology development firm. Together, the companies aim to pioneer advanced solutions that deliver simulation, visualization, and automation as an integrated capability to Enterprise Customers in a unified platform. Such an integrated approach will redefine accuracy, efficiency, profitability, performance, safety, and collaboration within enterprise operations across various industries through creation of a Generative AI-powered Physical and Process Digital Twin Network.

The partnership will fuse KoiReader's innovative KoiVision® Platform capabilities with Kinetic Vision's expertise in NVIDIA Omniverse application development, OpenUSD asset integration, and real-time physics, rendering and simulation. The collaboration introduces a whole new class of proven intelligent video solutions enabled by the NVIDIA AI Enterprise software platform for AI development and deployment.

Embedding KoiReader's Vision capabilities into Kinetic Vision's digital twin technology enables enterprises to virtually deploy AI-powered systems during process development, and ultimately obtain real-time visibility into their actual operational processes.

“A Digital Twin is not a nice-to-have, but the backbone of digital operations to unlock unprecedented value. We are thrilled to partner with Kinetic Vision to bring our advanced Logistics, Supply Chain, and Industrial Automation solutions to businesses worldwide. The combination of KoiVision® platform offerings with Kinetic Vision’s expertise in visual simulation will enable us to provide unparalleled value to our customers by optimizing their operations, reducing costs, and increasing productivity.”

- Ashutosh Prasad, Founder and CEO, KoiReader Technologies

Kinetic Vision has a proven track record of providing innovative solutions to a range of vertical markets, including transportation, consumer packaged goods, medical technology, and more. The firm's expertise in design, engineering, visual real-time simulation, and software development will complement KoiReader's visual cognitive engine powered KoiVision® platform, enabling the partnership to deliver cutting-edge solutions to clients. Kinetic Vision is also an Elite Service Delivery Partner in the NVIDIA Partner Network and utilizes the NVIDIA Omniverse platform as the development platform of its industrial digital twins.

"We’re very excited about our partnership with KoiReader Technologies. Our industrial digital twin solutions will empower companies to virtually implement KoiReader's Vision and Generative AI systems throughout their facility, and test and optimize their use. You can even predict your capital payback period and potential ROI. It’s a digital test drive of your new AI-powered facility, and as your intelligent systems come online, you can connect their edge data into the digital twin.”

- Rick Schweet, Founder and Board Chairperson, Kinetic Vision

“KoiReader Technologies and Kinetic Vision are bridging the digital and physical aspects of enterprises using NVIDIA Omniverse and NVIDIA AI Enterprise. These enterprise-grade platforms are accelerating the adoption of AI to drive significant time and cost savings in manufacturing, logistics, retail, consumer packaged goods, and many other industries.”

- Azita Martin, Vice President of AI for Retail, Consumer Packaged Goods and Quick-Service Restaurants, NVIDIA

 

About KoiReader Technologies

KoiReader Technologies is a pioneer and global leader in Vision and Generative Al-powered Logistics, Supply Chain, and Industrial Automation solutions, and recognized in the industry for its KoiVision® Platform and Al Operating Model. Through its proprietary Visual Cognitive Engine, it provides real-time operational intelligence to logistics, supply chain, and industrial clients.

As AI projects continue to fail to deliver value globally for lack of accuracy and ease of integration, companies such as PepsiCo have endorsed KoiVision® Platform for its offerings that include Warehouse, Yard, and Manufacturing Intelligence.

For more information, please visit www.koireader.com or contact our team at [email protected].

About Kinetic Vision

Kinetic Vision is a premier product and technology development firm that services over 50 of the US Fortune 500 companies. For more than 30 years their clients have leveraged Kinetic Vision’s collaborative, multidisciplinary teams to solve tough challenges in all areas of the product life cycle, including development, production, quality control, logistics, and fulfillment.