Renoworks AI Gen 2 improves delivery of home visualization customer experiences for enterprise customers and homeowners
Renoworks AI Gen 2 harnesses a new state-of-the-art model to recognize exteriors and object edges with improved quality up to 30% better than previous models. This advanced AI model reduces processing times from an average 45 seconds to 10-15 seconds, an efficiency improvement of 3x to 4.5x. The significant improvement in speed should lessen churn of high-quality leads away from the platform, resulting ultimately in more successful transactions for all Renoworks partners and customers.
Renoworks AI Gen 2 is highly scalable and can handle up to 15x the number of projects than the current process, meaning Renoworks will be able to accommodate growth and usage across its client network at reduced cost.
The new technology also includes better detection of obstructions, such as trees and foliage, which means that homeowners no longer need to frame the best photo for Renoworks AI Gen 2 to generate a perfectly prepared shot for home visualization. In addition, the new model brings potential training costs down by 50-75% than the legacy solution for better cost efficiency for Renoworks.
"The launch of Renoworks AI Gen 2 is a major milestone for our Company, as it not only enhances the customer experience but also aids our clients in remaining competitive in the home improvement market," said
Renoworks AI Gen 2 is available as a free upgrade exclusively for customers utilizing the latest version of the Renoworks visualization platform, and a paid upgrade for earlier platform version users.
Certain statements in this news release, other than statements of historical fact, are forward-looking information that involve various risks and uncertainties. Such statements relating to, among other things, the prospects for the Company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from the information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.
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