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Renoworks Launches Next Generation AI Image Recognition and Visualization Technology
Renoworks Launches Next Generation AI Image Recognition and Visualization Technology Ca...
About this update from Renoworks Software Inc.
[{"type":"text","content":"\n \n \n \n Renoworks Launches Next Generation AI Image Recognition and Visualization Technology\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Renoworks AI Gen 2 improves delivery of home visualization customer experiences for enterprise customers and homeowners\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Feb. 6, 2023\n \n \n /CNW\n \n /\n \n -\n \n Renoworks Software Inc.\n \n (TSXV: RW)\n \n (\"Renoworks\"\n \n ), an industry leader in visualization and lead generation technology for the home renovation and new construction sector, announces the launch of its next generation artificial intelligence (AI) image recognition and visualization technology - Renoworks AI\n \n \n Gen\n \n \n 2. AI\n \n \n Gen\n \n \n 2 is faster, more accurate and more scalable, which should lead to better outcomes for all stakeholders utilizing the Renoworks platform.\n \n \n Renoworks AI Gen 2 harnesses a new state-of-the-art model to recognize exteriors and object edges with improved quality up to 30% better than previous models. This advanced AI model reduces processing times from an average 45 seconds to 10-15 seconds, an efficiency improvement of 3x to 4.5x. The significant improvement in speed should lessen churn of high-quality leads away from the platform, resulting ultimately in more successful transactions for all Renoworks partners and customers.\n \n \n Renoworks AI Gen 2 is highly scalable and can handle up to 15x the number of projects than the current process, meaning Renoworks will be able to accommodate growth and usage across its client network at reduced cost.\n \n \n The new technology also includes better detection of obstructions, such as trees and foliage, which means that homeowners no longer need to frame the best photo for Renoworks AI Gen 2 to generate a perfectly prepared shot for home visualization. In addition, the new model brings potential training costs down by 50-75% than the legacy solution for better cost efficiency for Renoworks.\n \n \n \"The launch of Renoworks AI Ge...