18:54:16 EDT Thu 19 Sep 2019
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Renoworks Software Inc
Symbol C : RW
Shares Issued 36,559,007
Close 2019-07-25 C$ 0.29
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Renoworks releases AI for window, door visualization

2019-07-25 09:54 ET - News Release

Mr. Doug Vickerson reports

RENOWORKS UNVEILS NEW AI-POWERED WINDOW AND DOOR VISUALIZATION TECHNOLOGY FOR THE BUILDING INDUSTRY

Renoworks Software Inc. has released an industry-first artificial intelligence technology that automatically detects openings from a photograph and allows homeowners to instantly visualize their home with window and door products.

Bridging the imagination gap

Current rendering technology in the construction and remodelling industry can be time consuming, requiring homeowners to manually identify windows and doors on an image so that products can be displayed realistically.

The new addition to the Renoworks platform solves this problem by automatically recognizing openings, allowing homeowners to visualize new windows and doors on their homes right away. This streamlines the home design process and offers manufacturers a unique way to help their customers bridge the remodelling imagination gap.

Bringing AI assistance to the industry

One of the most important steps to accurately recognizing windows and doors on a home is to train the AI system using available data. The accuracy of the AI is heavily dependent on the amount of data it has to learn from.

Renoworks is uniquely positioned in this regard because its software has collected millions of annotated images of homes over the course of almost two decades of providing visualization experiences to homeowners. The wealth of available training data from Renoworks' datasets allow the AI system to accurately and quickly identify openings and make them interactive so the homeowner can visualize new windows and doors on their home.

Going beyond windows and doors

"We have long been a proponent of enabling faster and easier design decisions around a homeowner's renovation and remodel project," stated Doug Vickerson, chief executive officer of Renoworks. "By offering this new AI-powered visualization technology to our windows and doors clients, we can deliver an automated and highly visual representation of the project so that homeowners can proceed quickly from planning, to final design, to purchase."

Mr. Vickerson continues: "This advancement in windows and doors is just the beginning. We have already made significant strides in both siding and roofing, and have begun integration into our next-generation platform, Renoworks FastTrack, where 3-D models and measurements can be ordered by the homeowner simply by inputting an address. Our goal for the immediate future is to bring our AI image recognition advancements to our clients in order to streamline the remodelling value chain from initial design idea all the way to project completion."

Renoworks has introduced the new AI windows and doors technology to select manufacturers.

About Renoworks Software Inc.

Renoworks develops and sells unique digital visualization software and integration solutions for the remodelling and new-home construction industry. Renoworks delivers its technology to manufacturers, contractors, builders and retailers, offering solutions to one of the home improvement industry's greatest challenges: enabling homeowners to review their product selections in a true-to-life virtual environment before committing to purchases and construction. Renoworks markets its technologies as innovative engagement tools and generates revenues from five main business lines: Renoworks Enterprise, Renoworks PRO, Renoworks Design Services, Renoworks FastTrack and Renoworks API (application programming interface).

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