Cognex Corp at Robert W Baird Global Industrial Conference Transcript
While everybody is eating, we will get started here. Good morning, and welcome to the Cognex presentation. Very quickly, I've probably done this 8 times already, but I'm Rick Eastman, Senior Analyst and Managing Director here at Baird. I, along with my very, very trusted wingman, Rob Mason, work the Advanced Industrial Equipment sector here at Baird.
So good morning, and welcome again to the Cognex presentation. I think you'll find Cognex to be a very unique company, which brings 2D and 3D vision and is a leading machine vision industry -- to the machine vision industry is bringing these learning capabilities to the discrete automation market. It wasn't said real well, but Cognex' worldwide growth opportunity is very significant in that the company's technology automates key functions such as inspection, identification and robotic guidance. Management invests about 13% of sales into R&D, and as the machine vision industry's leading innovator, expanding and broadening its TAM and the
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