CarMax. has been granted a patent for a system that generates a 360-degree viewing experience by processing multiple images of an object from different orientations. The system utilizes machine learning models to detect the object and its features, assigning metadata before publishing the images and metadata via an API. GlobalData’s report on CarMax gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on CarMax, was a key innovation area identified from patents. CarMax's grant share as of July 2024 was 92%. Grant share is based on the ratio of number of grants to total number of patents.
360-degree image viewing system with feature metadata
The granted patent US12056327B1 describes a sophisticated system designed to process and analyze images of objects, particularly vehicles, captured from various orientations. The system utilizes one or more processors and a memory that stores executable instructions. These instructions enable the system to receive multiple images of an object, detect the object and its features using two distinct machine learning models, and generate associated feature metadata. The first model is responsible for object detection, while the second focuses on identifying specific regions related to the object's features. The system can also publish the images along with the generated metadata, which includes region labels and coordinates.
Additionally, the patent outlines a method for enhancing the visual representation of detected features. The system can compare detected features against predefined feature lists and high-value features, generating visual indicators when matches exceed a specified threshold. This process involves regression analysis to update the coordinates of the visual indicators across a series of images, creating a dynamic display that simulates the object rotating about an axis. The system is designed to operate seamlessly, allowing for real-time image cropping and display, thereby providing an interactive experience for users. Overall, the patent presents a comprehensive approach to image processing and feature detection, leveraging advanced machine learning techniques to enhance object recognition and visualization.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
