Cognex Corporation is a global technology company in industrial machine vision systems that seeks to improve efficiency and help solve critical manufacturing and distribution challenges, providing support across a diverse set of industrial end markets. The Company operates through the machine vision technology segment. Its solutions blend hardware and software to capture and analyze visual information, aiding the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing and distribution of discrete items, such as mobile phones, automotive components, and consumer goods, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained.