Author: Team AI rolls up its sleeves in Legacy Industries with Landing AI’s MLOps Platform. PALO ALTO (Calif.), Nov. 8, 2021 Landing AI provides tools that help build and deploy AI systems in manufacturing more quickly and easily than ever before. McRock Capital is the only investment firm exclusively focused on Industrial IoT. Insight Partners (New York), a global venture capital and private equity firm, Taiwania Capital and Canada Pension Plan Investment Boards (CPP Investments), McRock Capital and Intel Capital participated in this round. Andrew Ng (an artificial intelligence visionary), led Landing AI. It is a quick, simple-to-use platform for enterprise MLOps. The application of deep learning and AI to assist manufacturers in solving visual inspection issues, detecting product defects with greater reliability, and generating business value. The next generation of AI is one where all businesses can benefit from AI. This includes legacy industries like manufacturing, agriculture, healthcare and farming. Landing AI recommends industries adopt a data-centric approach for building AI. This ensures the data is accurate and conveys the information needed to enable the AI to learn. Data-centric AI technology will allow AI to be applied without relying on large amounts of data. Instead, it will be based on what the entities have in real time. AI is not limited to big data. Ng, founder and CEO of Landing AI said that good data is essential to teach the AI what it needs. AI built to handle 50 millions of data points won’t work if you have 50 only. Machine learning will be made accessible to all regardless of how large their data sets are. This is why the LandingLens data-centric approach to Landing AI makes LandingLens easy and fast. Manufacturers can now teach their AI models how to use the data they have created by engineering it instead of using AI software. Not only AI specialists, but domain experts too can build and put into production an AI system. Domain experts can now train neural networks with just a few clicks, instead of writing hundreds of lines code. The platform is data-centric and no code, allowing users to create advanced AI models in a matter of hours. LandingLens makes it possible to complete vision inspection projects that would normally take more than a year. Scott MacDonald (Co-Founder, Managing Partner, McRock Capital) said that “LandingAI will unlock the power of Industrial IoT one firm, one factory and one manufacturing line at the time.” We partner with tireless entrepreneurs like Andrew who bring transformative technologies to large industrial market.” MacDonald joined the Landing AI Board of Directors as part of the funding. Insight Partners’ Managing Director George Mathew stated that digital modernization in manufacturing is on the rise and will reach $300 trillion by 2023,”. The demand for Landing AI continues to grow. This will open up a new segment of machine vision projects that address quality, efficiency, and output. “We are looking forward to being a part of the next phase Landing AI’s exciting journey. Landing AI has a solid growth trajectory and its customers have been reaping the rewards. Landing AI is a great partner for our company. It can increase the reliability and efficiency in our quality inspection processes, which will be crucial to our growth. QuantumScape’s Co-Founder and CTO Tim Holme said that using cutting-edge deep-learning tools such as LandingLens allows our team to work faster, and focuses on the development and commercialization of our next generation batteries. This new investment will allow Landing AI to grow its engineering and operations departments, as well as product and sales marketing. To join the Landing AI team, please go to https://landing.ai/careers/, and to schedule a demo of LandingLens, please click here. Source: LandingAI
