Synthetic data and computer vision – examples from industry

In this section, you will learn about and understand how companies have just started using synthetic data-based computer vision solutions to stand out from competitors and overcome real data limitations and issues.

Neurolabs using synthetic data in retail

According to Getting Availability Right: Bringing Out-of-Stocks Under Control (https://www.oliverwyman.com/content/dam/oliver-wyman/global/en/2014/aug/2012_CEU_POV_Getting%20Availability%20Right_ENG.pdf), out-of-stock items cause heavy financial losses and dissatisfied customers. The consequences can be dramatic on businesses and revenues. At the same time, collecting and annotating large-scale real data for this task is an expensive and time-consuming process. Neurolabs, an ML company specializing in providing solutions in retail automation, investigated an elegant solution using synthetic data for this issue. They utilized Unity and their own synthetic data...