Natick-based Cognex Corp. has announced it will expand into a $500 million market with its new, smartphone-based mobile terminals market.
The company, known for its barcode reading technology, has announced it will enter the mobile terminal market with rugged terminals based on smartphones. The MX-1000 series of mobile terminals offers manufacturers, logistics companies and many other organizations a new option for tasks such as inventory management, logistics and field service. Many of these companies currently rely on expensive, inflexible and purpose-built mobile terminals, according to a release from Cognex. The MX-1000 will use the company’s barcode reader.
Early units of the MX-1000 have been undergoing field testing by a number of Fortune 500 companies, and Cognex is now receiving orders from them, according to the company.
