Transcript
Introduction
Matt
This is Matt Reustle and today we are breaking down machine vision leader Cognex. Our guest today is Brett Larson from NZS Capital and Brett returns to Business Breakdowns. We covered Trane Technologies last year and Brett gives us a different angle on the industrial economy with Cognex. Today we get into the history of machine vision and how Cognex is a factory player, but I particularly enjoyed the strategic angles of this discussion. Cognex is not your typical reoccurring revenue story. They are a self proclaimed cyclical that has tended to focus on a specific customer segment over time, looking for S curves that might trigger their next growth era.
This is evolving and we get into a lot of that with Brett. In this discussion I'd mentioned the big name businesses tend to attract the widest audience, but these are my favorite episodes. So please enjoy this business breakdown on Cognex.