Cognex Corporation (NASDAQ:CGNX) is the market leader in machine vision technology that captures and analyzes visual information in order to automate tasks that previously relied on human eyesight. The company has reaped the benefits of increasing automation in manufacturing and item-tracking-intensive industries such as consumer electronics, automotive, and logistics.
Cognex also continues to expand its addressable market by leveraging its proprietary vision software and systems into new markets such as ruggedized mobile computing.
From Lauren Romeo's Today's Opportunities in Quality Small-Caps.
