Cognex announced the availability of a new online tool to help manufacturers understand the benefits that can be achieved through the use of machine vision and industrial identification. “In these difficult economic times, optimizing product quality and reducing manufacturing costs is more important than ever. Our new Cost Savings Advisor makes it really easy for manufacturers to calculate the cost reductions they can achieve through using Cognex vision and ID systems,“ says Peter Neve, Vice President of Global Marketing. The Cost Savings Advisor was designed to help customers evaluate a cost savings plan for vision inspection, automation or identification applications. Users are asked a few simple questions about each vision application. The tool then calculates the potential cost savings that could be achieved by implementing solutions on the customer’s production lines.