Window & door auto-recognition solution
powered by artificial intelligence automatically converts home
photos into interactive design visualizations.
CALGARY, July 25, 2019 /CNW/ - Renoworks Software
Inc. (TSXV: RW) ("Renoworks"), leading visualization
solutions provider to the home remodeling and new home construction
industry, today announced industry-first artificial intelligence
(AI) technology that automatically detects openings from a
photograph and allows homeowners to instantly visualize their home
with window and door products.
Bridging the "Imagination Gap"
Current rendering technology in the construction &
remodeling industry can be time-consuming, requiring homeowners to
manually identify windows and doors on an image so that products
can be displayed realistically.
The new addition to the Renoworks platform solves this problem
by automatically recognizing openings, allowing homeowners to
visualize new windows and doors on their homes right away. This
streamlines the home design process and offers manufacturers a
unique way to help their customers bridge the remodeling
"imagination gap."
Bringing AI Assistance to the Industry
One of the most important steps to accurately recognizing
windows and doors on a home is to "train" the artificial
intelligence system using available data. The accuracy of the AI is
heavily dependent on the amount of data it has to learn from.
Renoworks is uniquely positioned in this regard because its
software has collected millions of annotated images of homes over
the course of almost two decades of providing visualization
experiences to homeowners. The wealth of available training data
from Renoworks' data-sets allows the AI system to accurately and
quickly identify openings and make them interactive so the
homeowner can visualize new windows and doors on their
home.
Going Beyond Windows and Doors
"We have long been a proponent of enabling faster and easier
design decisions around a homeowner's renovation and remodel
project," stated Doug Vickerson, CEO
of Renoworks. "By offering this new AI-powered visualization
technology to our windows and doors clients, we can deliver an
automated and highly-visual representation of the project so that
homeowners can proceed quickly from planning, to final design, to
purchase."
Mr. Vickerson continues, "This advancement in windows and doors
is just the beginning. We have already made significant strides in
both siding and roofing and have begun integration into our
next-generation platform, Renoworks FastTrack, where 3D models and
measurements can be ordered by the homeowner simply by inputting an
address. Our goal for the immediate future is to bring our AI image
recognition advancements to our clients in order to streamline the
remodeling value chain from initial design idea all the way to
project completion."
Renoworks has introduced the new AI windows and doors technology
to select manufacturers. Visit the following link to learn
more:
https://www.renoworks.com/news/ai-windows-and-doors-artificial-intelligence-auto-recognition.
About Renoworks
Renoworks Software Inc. develops and sells unique digital
visualization software and integration solutions for the remodeling
and new home construction industry. Renoworks delivers its
technology to manufacturers, contractors, builders, and retailers,
offering solutions to one of the home improvement industry's
greatest challenges: enabling homeowners to review their product
selections in a true-to-life virtual environment before committing
to purchases and construction. Renoworks markets its technologies
as innovative engagement tools and generates revenues from five
main business lines: Renoworks Enterprise, Renoworks PRO, Renoworks
Design Services, Renoworks FastTrack and Renoworks API (Application
Programming Interface). For more information,
visit: www.renoworks.com and www.renoworkspro.com.
Forward Looking Information
Certain statements in this news release, other than
statements of historical fact, are forward looking information that
involves various risks and uncertainties. Such statements relating
to, among other things, the prospects for the company to enhance
operating results, are necessarily subject to risks and
uncertainties, some of which are significant in scope and nature.
These uncertainties may cause actual results to differ from
information contained herein. There can be no assurance that such
statements will prove to be accurate. Actual results and future
events could differ materially from those anticipated in such
statements. These and all subsequent written and oral
forward-looking statements are based on the estimates and opinions
of the management on the dates they are made and expressly
qualified in their entirety by this notice. The Company assumes no
obligation to update forward-looking statements should
circumstances or management's estimates or opinions change.
The TSX Venture Exchange does not accept responsibility for
the adequacy or accuracy of this release.
SOURCE RenoWorks Software Inc.