Rapid growth of company is only logical
Print Edition
A HIGH-TECH detection machine maker in Jiading District is expanding rapidly thanks to its self-developed logical algorithm.
Liu Mingming has hired 15 employees for Shanghai InnoVision Boot Intelligent Co Ltd, a leading machine vision equipment supplier. Logical algorithm is the core technology of the equipment, which was once monopolized by foreign manufacturers.
Liu set up the company at the beginning of the year, supplying equipment to Foxconn and other leading manufacturers.
The machine vision equipment is widely used in the manufacture of cell phones and automobiles.
In 2005 Liu joined Foxconn as an electrical engineer in Kunshan in Jiading鈥檚 neighboring Jiangsu Province. He took less than a year to become familiar with all the electrical equipment in the plant. In 2006 he received an outstanding employee award.
In 2010 domestic demand for machine vision equipment surged. However, there were few companies with core technology in the area. Imported equipment was costly and maintenance was difficult. Liu decided to quit the job and start his own business from scratch.
At the beginning he couldn鈥檛 make any money, but he believed that logical algorithm was the core of machine vision equipment, and he spent all his time developing it.
A robot manufacturer from Taiwan ordered 200 sets of machine vision equipment, which gave Liu the drive to devote all his time to research.
Finally he succeeded to submit the system to the client, but the client cancelled the order. However, to his relief, the logical algorithm became the core of technology in all his products.
The machine vision system Liu developed is half the price of its imported peers.
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