Fyusion Introduction
Fyusion is a technology company that develops AI-powered 3D imaging and vehicle condition assessment solutions for the automotive industry.
View MoreWhat is Fyusion
Fyusion is a San Francisco-based company that specializes in 3D computer vision and machine learning technologies for the automotive sector. Founded in 2013, Fyusion creates innovative solutions for capturing high-quality 3D vehicle imagery and performing AI-based condition assessments. Their technology allows for comprehensive vehicle imaging and understanding, providing actionable insights for various players in the automotive industry including dealerships, auctions, and fleet operators. In 2021, Fyusion was acquired by Cox Automotive to further enhance their digital wholesale and retail solutions.
How does Fyusion work?
Fyusion's technology works by capturing detailed 3D images of vehicles using smartphones or specialized imaging equipment like fixed imaging tunnels. These images are then processed using advanced computer vision and machine learning algorithms to detect and analyze vehicle condition, including damage, wear, and other relevant factors. For example, their fixed imaging tunnels can capture up to 2500 high-resolution images of a vehicle in seconds as it drives through, automatically selecting the best images for condition reports. Their mobile solutions allow users to perform 360-degree vehicle inspections using just a smartphone. The AI then analyzes these images to provide detailed condition assessments, helping to streamline vehicle valuation and reconditioning processes.
Benefits of Fyusion
Fyusion's technology offers numerous benefits to the automotive industry. It significantly improves the efficiency and accuracy of vehicle condition assessments, reducing the time and labor required for manual inspections. The high-quality 3D imagery enhances the online buying experience, allowing potential buyers to view vehicles in detail remotely. For sellers, the AI-powered damage detection helps in creating more accurate and trustworthy condition reports, potentially increasing sale prices and reducing disputes. Fleet operators can use the technology for quick and consistent vehicle check-ins and check-outs. Overall, Fyusion's solutions help increase trust and transparency in vehicle transactions, streamline operations, and enhance decision-making processes across the automotive ecosystem.
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