ResGreen Group International Inc. (OTCMKTS:RGGI) announced on October 13, 2022, about developing an easy-to-integrate vision system for boosting productivity and efficiency, while minimizing expensive errors in everything from warehouses to factories and retail stores.
Trading Data
On Thursday, RGGI stock slumped 7.50% to $0.0185 with more than 28.50K shares traded, compared to volume of 169.62K shares. The stock moved within a range of $0.0185 – 0.0215 after opening trading at $0.0215.
ResGreen Unveils New Vision System for Visual Inspection, Object Recognition, Process Control and More
The system is great for visual inspection. It can be used to find out what an object is, the number of objects, if there is any damage to an object, and also the size and location of an object depending upon camera calibration. The system can also detect problems in a facility such as congestion, ineffective processes, and potential safety risks.
Parsh Patel, CEO at ResGreen says that after examining several leading vision systems, the engineering team decided to design their own, so customers get true value for money. The vision system conveniently connects with their BotWay software, along with third-party systems. It uses AI and deep learning to identify objects more comprehensively than non-AI approaches.
The ResGreens vision system combines cameras with edge computing devices to locally capture and recognize images on the spot versus sending them to a cloud server for identification and analysis. The cameras can be mounted anywhere in a facility where vision is needed, including on ceilings, mobile robots, work stations, and machines.
Technical Data
RGGI stock is trading below the 20-Day and 50-Day Moving averages of $0.0206 and $0.0202 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0200.
