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Cognex Strengthens Market Leadership in Industrial Barcode Reading with Two New AI-Powered Products

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
AI

Cognex (NASDAQ: CGNX) has launched two new AI-powered barcode readers, the DataMan® 290 and 390. These products feature advanced AI capabilities that enable reliable code reading with a single click, simplifying setup and maintenance while reducing downtime. The readers include an integrated all-in-one light for high read rates in low-visibility environments and can handle various code types, including damaged or low-quality codes.

The DataMan 290 is designed for most standard barcode reading applications, while the 390 model offers higher resolution for complex scanning needs. Both products feature a user-friendly web interface with guided setup, allowing deployment within minutes. The launch is supported by Cognex Customer Success, providing comprehensive support from setup and training to deployment and runtime.

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Positive

  • Introduction of new AI-powered products strengthening market leadership position
  • Advanced technology enabling single-click operation and reduced downtime
  • Comprehensive product range addressing both standard and complex scanning needs
  • Enhanced user accessibility allowing non-technical users to operate the system

Negative

  • None.

Insights

The launch of DataMan 290 and 390 represents a significant technological advancement in industrial barcode reading. The integration of AI capabilities for single-click code reading and the ability to handle damaged or low-quality codes in poor visibility conditions addresses critical pain points in manufacturing automation. The key differentiator here is the combination of advanced technology with user-friendly interfaces, making sophisticated barcode reading accessible to non-technical users.

Think of it like upgrading from a basic point-and-shoot camera to a professional DSLR that automatically adjusts settings for perfect shots. The all-in-one light integration and ability to handle varied code types positions these products well against competitors like Keyence and Zebra Technologies. For manufacturing operations, this means reduced training costs, faster deployment and fewer production line stoppages due to read failures.

The market impact extends beyond immediate sales potential - this launch strengthens Cognex's competitive moat in the $7.5 billion machine vision market. The testimonial from MTS's CEO particularly highlights the superior read reliability, which is important for maintaining Cognex's premium positioning in the industrial automation sector.

This product launch strategically positions Cognex to capture a larger share of the rapidly growing industrial automation market. The focus on ease-of-use and reliable performance addresses the increasing demand for accessible automation solutions amid the global manufacturing labor shortage. The simplified setup process is particularly valuable as manufacturers struggle to find and retain skilled technical workers.

The timing is optimal given the accelerating adoption of Industry 4.0 technologies and the growing need for reliable barcode reading in e-commerce and logistics operations. The introduction of two distinct models - the 290 for standard applications and 390 for complex scenarios - demonstrates smart market segmentation that can drive revenue growth across different price points and use cases.

For investors, this represents positive momentum in Cognex's product innovation pipeline and suggests potential market share gains in 2025. The emphasis on customer support through Cognex Customer Success also indicates a strategic shift toward recurring revenue opportunities through service and support contracts.

DataMan 290 and 390 barcode readers, backed by industry-leading customer support, deliver unmatched reliability and ease of use

NATICK, Mass., Jan. 14, 2025 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today announced the launch of the DataMan® 290 and 390 barcode readers. Thanks to innovative AI technology, these readers deliver reliable decoding performance across a broad range of manufacturing applications. In addition, by making setup and deployment easy and intuitive, Cognex has given more users than ever the power to streamline barcode scanning processes and increase operational efficiency.

"The DataMan 290 outperformed other competitive solutions we tested, successfully reading codes that others couldn't," said Peter Laurinčík, CEO, MTS - Modern Technology Systems. "This reliability, plus an intuitive design, will transform our barcode reading operations, allowing us to increase productivity and throughput. The comprehensive support offered by Cognex, from setup and training to deployment and runtime, ensures smooth performance every step of the way."

The DataMan 290 and 390 provide a full set of features to let users get started quickly and efficiently handle a wide range of applications:

  • Advanced AI capabilities enable users to reliably read codes with a single click, simplifying setup and maintenance while reducing downtime, even for non-technical users.
  • Effortless handling of varied code types and symbologies, including damaged or low-quality codes, and high read rates even in low-visibility environments thanks to an integrated all-in-one light.
  • A user-friendly web interface with guided setup allows even non-technical users to go from unboxing to scanning in mere minutes.

Beyond advanced technology, DataMan 290 and 390 barcode readers are backed by Cognex Customer Success, industry-leading support that works the way you want, from self-service resources to a global network of experts. The best technology and tailored guidance enable users to easily plan, deploy, and expand their vision project.

The DataMan 290 solves most barcode reading applications out of the box, while the DataMan 390 delivers higher resolution for the most complex applications, offering a complete range of solutions to meet code scanning requirements. These readers, along with Cognex Customer Success, reflect the company's commitment to deliver best-in-class customer experience, while driving innovation in industrial barcode reading. For more information, visit cognex.com/dataman-290 or call 1-855-4-COGNEX.

About Cognex Corporation
Cognex Corporation invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in high-growth-potential businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, electric vehicle batteries and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained.

Cognex is the world's leader in the machine vision industry, having shipped more than 4.5 million image-based products, representing over $11 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe, and Asia. For details, visit cognex.com.

IR Contact
Nathan McCurren
Head of Investor Relations and Treasurer
Cognex Corporation
ir@cognex.com

Media Contact
Jeremy Sacco
Senior Manager, Global Content Marketing
Cognex Corporation
pr@cognex.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cognex-strengthens-market-leadership-in-industrial-barcode-reading-with-two-new-ai-powered-products-302327987.html

SOURCE Cognex Corporation

FAQ

What are the key features of Cognex's new DataMan 290 and 390 barcode readers?

The key features include advanced AI capabilities for single-click reading, integrated all-in-one light for low-visibility environments, user-friendly web interface with guided setup, and ability to handle various code types including damaged codes.

How do the DataMan 290 and 390 models differ from each other?

The DataMan 290 is designed for most standard barcode reading applications, while the DataMan 390 offers higher resolution specifically for more complex applications.

What support does Cognex (CGNX) provide for the new DataMan barcode readers?

Cognex provides comprehensive Customer Success support, including self-service resources, a global network of experts, setup assistance, training, and deployment guidance.

How long does it take to set up the new Cognex DataMan barcode readers?

According to the release, users can go from unboxing to scanning in mere minutes, thanks to the user-friendly web interface with guided setup.
Cognex Corp

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Scientific & Technical Instruments
Industrial Instruments for Measurement, Display, and Control
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United States
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