News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Foresight Collaborates with Leading American EV Manufacturer to Enhance Existing ADAS Systems

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today the signing of a paid joint proof of concept (POC) project with a leading American manufacturer of electric vehicles (EVs). The project consists of the technological evaluation and testing of predefined scenarios. Foresight intends to demonstrate its ability to create 3D stereo perception with software only, using the manufacturer’s existing pair of mono cameras mounted on a large baseline (distance between the cameras). Foresight’s proprietary ScaleCam ™ separated stereo camera solution allows manufacturers to place cameras on a large baseline. This solution increases distance accuracy at long ranges, allows detection of any type of obstacle, and improves the safety and robustness of the manufacturer’s driver assistance system. “We are delighted to collaborate with a major player from the EV industry who chose to evaluate the potential of our software to improve the company’s existing safety systems using a software-only solution,” said Haim Siboni, CEO of Foresight. “We believe that our cost-effective advanced stereo vision technology may be beneficial to electric vehicle manufacturers as they develop more advanced autonomous capabilities, resulting in better distance accuracy and improved active safety features, contributing to a greener and safer future.” Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the paid joint POC project and its intention to demonstrate its ability to create 3D stereo perception using the manufacturer’s existing pair of mono cameras, mounted on a large baseline (distance between the cameras), through the use of software only; its belief that its cost-effective advanced stereo vision technology may be of benefit to electric vehicle manufacturers; and the proposed benefits that may be derived from the use of its products. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 31, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third party websites. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

September 07, 2022 08:05 AM Eastern Daylight Time

Article thumbnail News Release

SnappRetail secures $2.5m to digitise retailers in Pakistan as it expands coverage 13 cities by 2024

SnappRetail

Big retail is dominating consumer communities around the world and Pakistan is no different. Fintech startup SnappRetail is empowering micro and traditional retailers in Pakistan with a suite of digital solutions to help them remain relevant and competitive. In doing so, SnappRetail is today announcing a $2.5m pre-seed funding round to expand the business across Pakistan. The round was led by Zayn Capital’s BitRate Fund with participation by Antler and Century Oak Capital. Based on Crunchbase data, this is one of largest pre-seed rounds raised in the sector in the country. SnappRetail offers retailers point of sale (POS) tools and a digital operating platform - a micro enterprise system for end-to-end shop operations - that helps traditional retailers to grow their margin and revenue while helping micro-retailers upgrade who are losing out to growing modern supermarkets because of inefficient operations, inadequate cash flows, and cluttered in-store display. Through the deployment of SnappRetail POS hardware and a sales driven data optimization operating system, they will get access to micro credit for working capital, ability to accept digital and card payments, unlock cost efficiencies and grow their sales. SnappRetail was co-founded in 2021 by Adeel Rasheed (ex-Unilever), Moazzam Ali Khan (ex Unilever/L'oreal), Ahsan Aziz (ex TRG) and Moiz Ali (Ex Primatics Financials). SnappRetail is their second startup venture having previously founded retail recruitment consultancy Resource Linked which placed employees at over 100,000 retailers. They have seen up close and first-hand the spread of the retail industry across Pakistan. Retail is the second biggest contributor to Pakistan’s GDP at $170b and an industry comprising 3m businesses. Adeel Rasheed, CEO and co-founder at SnappRetail commented: “It’s hard to believe that retail, which is such a significant contributor to Pakistan’s GDP, is still run on pen and paper. Little to no data exists for these businesses to make meaningful decisions and, critically, to seek finance to help them succeed. They are missing out on revenue and We are moving retailers from manual ways of working to digital ways of working in all their daily tasks for the shop. We anticipate this change in approach will help them increase revenue by 25-50%.” Moazzam Ali Khan, co-founder at SnappRetail added: “Our ambition is to support retailers and we will collaborate with the industry because the true winner will be the customer in terms of product choice, service and price. We believe that the whole retail and startup ecosystem is working towards improving the livelihoods of the traditional retailer, grocery and beyond. We are trying to create an ecosystem where all aggregators and other applications can come in and take advantage of our base platform. With our pilot we have seen that retention is very high and gross transaction value through the system is extremely high vs any other play.” Faisal Aftab, General Partner & Co-Founder at Zayn BitRate Fund commented: “Being a proven concept globally, there is no doubt SnappRetail has the right approach to solving the essential problem of the retailer. We were particularly impressed by the experience and maturity this founding team brings to the table, hitting the right balance between hypergrowth and managing the burn. This balance is the need of the hour as SnappRetail gears up for national and eventually international success.” Jussi, General Partner and Founder at Antler, commented: “Having invested in similar plays globally, we have witnessed the immense market potential of this sector. We have been thoroughly impressed by the vision SnappRetail brings to the tech industry of Pakistan and are looking forward to seeing them build up on their great progress.” About SnappRetail SnappRetail is a complete retail operating platform that empowers traditional retailers in Pakistan to grow their margin. SnappRetail is a digital operating platform that empowers traditional trade retailers in Pakistan to grow their margin and revenue helping reshape micro-retailers/kiryana-stores in Pakistan, which are losing out to growing modern trade and supermarkets due to inefficient operations, inadequate cash flows, and cluttered in-store display. Through deployment of SnappRetail POS ecosystem & sales driven data optimization, traditional retail gets access to micro credit for working capital, ability to accept digital and card payments,unlock cost efficiencies and grow their sales-accelerating them on their quest to scale and disrupt the retail market For more information please visit https://snappretail.io/ Contact Details SnappRetail Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://snappretail.io/

September 07, 2022 07:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

Foresight to Hold an Investor Conference in Israel

Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today that the Company will host an investor conference on September 14, 2022 at 9:15 a.m. The investor conference will be held in the conference hall of the Tel Aviv Stock Exchange, 2 Ahuzat Bayit St., Tel Aviv. Foresight will present its activities in the recent period, review trends in the defense market and summarize its activities in the developing Chinese market. In addition, business and technological developments at Eye-Net Mobile, its wholly owned subsidiary, will be presented. The updates will be presented by the senior management and will be followed by a questions and answers session. Participation in the conference is free of charge but requires registration. Click here to register. About Foresight Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn. Contact Details Investor Relations Contact: Miri Segal-Scharia, CEO, MS-IR LLC +1 917-607-8654 msegal@ms-ir.com Company Website https://www.foresightauto.com/

September 07, 2022 04:40 AM Eastern Daylight Time

Article thumbnail News Release

GETIR IS THROWING IT BACK TO THE 1990s

Getir

Today, with inflation continuing to raise prices on common household items including food, rapid grocery delivery app Getir announced it would roll back the cost of several popular food items to prices that haven’t been seen since the 1990s. According to the Department of Labor, grocery prices increased by 1.3% in July from the prior month, and rose 13.1% in July from one year ago – the fastest annual pace since 1979. “The global inflation crisis is hitting major U.S. cities very hard, and prices continue to creep up, particularly when it comes to everyday household items,” said Langston Dugger, Head of U.S. Operations at Getir. “Getir is committed to providing value to our customers, so we decided to offer some of our top products at more affordable prices.” Items featured in this promotion include Jif Creamy Peanut Butter, Vlasic Kosher Dill Pickle Spears, Hershey’s Milk Chocolate, and several brands and varieties of dish soap, toothpaste, and breakfast cereals among other foodstuffs. In some cases, the price reductions are quite dramatic; for example, an 8 ounce bag of Lay’s Potato Chips normally sells on Getir for $4.99, and will now be offered at $1.89. A full list of 1990s-priced items is available below. “This promotion, in addition to providing a nostalgic way to offer savings to our customers, is emblematic of what the Getir brand has been associated with across Europe for years: convenience, reliability, and a commitment to providing the best possible customer experience,” added Darienne Page, Head of Public Engagement at Getir. According to experts, food-related inflation shows no signs of slowing down any time soon. Getir’s promotion, which launches this week in its U.S. markets of New York, Chicago, and Boston, will run through September 23rd. About Getir: Getir is the pioneer of ultrafast grocery delivery. The tech company, based in Istanbul, has revolutionized last-mile delivery with its “groceries in minutes” delivery proposition, offering approximately 2,000 everyday items to its customers. Getir has operations in all 81 cities of Turkey, and launched operations in the UK, the Netherlands, Germany, France, Spain, Portugal and the United States in 2021. Getir is, first and foremost, a technology company that operates in retail and logistics. It was founded in 2015 by Nazim Salur (founder of BiTaksi, Turkey’s leading taxi app), Serkan Borancili (founder of GittiGidiyor, acquired by eBay in 2011), and Tuncay Tutek (ex-PepsiCo and P&G executive in Europe and the Middle East.) Learn more at www.getir.com/us. Contact Details Arielle Goren +1 212-717-5863 getir@kivvit.com Company Website http://www.getir.com/us

September 06, 2022 01:20 PM Eastern Daylight Time

Article thumbnail News Release

iTradeNetwork Appoints Amer Akhtar as CEO

iTradeNetwork

iTradeNetwork, the leading global provider of end-to-end supply chain management and intelligence solutions for the perishable food industry, is proud to announce the appointment of Amer Akhtar as Chief Executive Officer. Akhtar replaces Rhonda Bassett-Spiers, who led iTradeNetwork as President & CEO for six years. Under Bassett-Spiers’ leadership, iTradeNetwork developed a suite of industry-first solutions that enabled customers to build resiliency and quickly adapt to the ever-changing conditions of the food supply chain. Now, Akhtar is uniquely positioned to build upon this foundation and lead the company forward with his customer-centric approach and experience innovating and scaling SaaS businesses. “I want to thank Rhonda for her excellent leadership over the last 6 years. She has positioned the company for tremendous growth, and I am honored to lead us as we embark on iTradeNetwork’s exciting next chapter,” says Akhtar. Amer Akhtar has over 25 years of operating experience in companies ranging from startups to large multinationals in the US, Europe and Asia. He currently is a member of the Board of Directors of Thryv (NASDAQ: THRY), a provider of small business management software, and most recently served as CEO of Celential.ai, a venture-funded provider of AI-based recruiting solutions. Among his accomplishments building and leading SaaS businesses, Akhtar served as President of Yahoo! Small Business, where he managed over half a million clients, growing their digital presence. In addition, Akhtar spent nearly a decade at ADP building and running HR SaaS businesses. From 2009 to 2013, he was Managing Director and Country President for ADP in Shanghai, China, where he built the core business from the ground up, becoming the leading provider in the HR SaaS sector. “Our deep reverence for how quality food is produced – centered around hard work, multigenerational family traditions, and pride – strongly resonates with me,” says Akthar. “We play such a critical role in managing the perishable supply chain, which impacts everyone’s daily life and wellbeing. I'm excited to continue to bridge the gap between suppliers and buyers through our groundbreaking, innovative solutions.” Akhtar graduated from Amos Tuck School of Business at Dartmouth and resides in the San Francisco Bay Area with his wife and three children. iTradeNetwork, Inc. is the premier software provider for the industry’s largest network of 8,000+ food and beverage companies, building the smartest, freshest, most resilient supply chains of today and tomorrow. iTradeNetwork offers an expanded platform of solutions designed to improve efficiency and provide greater visibility across the supply chain for Procurement, Traceability, Analytics and foundational Data Services. For more information, visit: www.itradenetwork.com Contact Details Media Contact +1 925-660-1100 sales@itradenetwork.com Company Website https://www.itradenetwork.com

September 06, 2022 10:00 AM Pacific Daylight Time

Article thumbnail News Release

CSG Appoints Technology Veteran Rachel Barger to Board of Directors

CSG

CSG ® (NASDAQ: CSGS) today announced the addition of technology veteran Rachel Barger to its board of directors. Her appointment adds proven global expertise in go-to-market and channel growth, P&L depth in high-growth verticals and strong development of high-performance, inclusive teams. “CSG is in an era of accelerated growth and Rachel adds tremendous depth with her experience on the ground in Asia and the Americas leading large, growth-focused teams,” said Ron Cooper chair of the board of directors, CSG. “Rachel’s customer-obsessed approach, inspiring leadership style and growth mindset are a natural fit for us. She understands what it takes to build strong relationships with our customers and partners while delivering strong results for shareholders.” “It’s an honor to join the CSG board during such a transformative time,” said Barger. “CSG has a great vision for the future and incredible leaders who inspire their people to do good work each day and be good to each other. As technology embeds itself more deeply in our lives, CSG is poised to stand out as a leader that not only delivers extraordinary customer experiences but takes responsibility to create even greater impact in the world. This is why I chose to be a part of the Board.” Ms. Barger has been at Cisco Systems, Inc. since October 2020, and in May of 2022 was named Senior Vice President, Americas Sales responsible for overseeing the largest of the company’s three sales geographies with over 5,000 employees across 17 countries. She served as a President and Managing Director Southeast Asia, Chief Operating Officer APJ, and Regional VP of Sales at SAP from 2016 through 2020. Prior to these roles, Ms. Barger was a General Manager for the EMEA Region and a Vice President of Global Strategic Accounts at Lithium Technologies. She also held various senior positions for SAP Ariba from 2004–2013. Ms. Barger holds an M.B.A. from the Australian Graduate School of Management (UNSW) and a B.S. in chemical engineering from the University of Delaware. She is also a member of the Exceptional Women Foundation (EWA) and the acting Chief on the Advisory Board for the Singapore Management University School of Computing and Information Systems. # # # About CSG CSG is a leader in innovative customer engagement, revenue management and payments solutions that make ordinary customer experiences extraordinary. Our cloud-first architecture and customer-obsessed mindset help companies around the world launch new digital services, expand into new markets, and create dynamic experiences that capture new customers and build brand loyalty. For 40 years, CSG’s technologies and people have helped some of the world’s most recognizable brands solve their toughest business challenges and evolve to meet the demands of today’s digital economy with future-ready solutions that drive exceptional customer experiences. With 5,200+ employees in over 20 countries, CSG is the trusted technology provider for leading global brands in telecommunications, retail, financial services, and healthcare. Our solutions deliver real-world outcomes to more than 900 customers in over 120 countries. To learn more, visit us at csgi.com and connect with us on LinkedIn and Twitter. Copyright © 2022 CSG Systems International, Inc. and/or its affiliates (“CSG”). All rights reserved. CSG® is a registered trademark of CSG Systems International, Inc. All third-party trademarks, service marks, and/or product names which are referenced in this document are the property of their respective owners, and all rights therein are reserved. Contacts: Tammy Hovey Global Public Relations +1 (917) 520-2751 tammy.hovey@csgi.com John Rea Investor Relations +1 (210) 687-4409 john.rea@csgi.com Contact Details CSG Tammy Hovey +1 917-520-2751 tammy.hovey@csgi.com Company Website https://www.csgi.com

September 06, 2022 07:25 AM Mountain Daylight Time

Image
Article thumbnail News Release

6WIND turns Green Tech by helping CSPs Reduce Energy Consumption by Two-thirds!

6WIND

6WIND, a leading high-performance virtualized & cloud-native networking software company today announced how their enhanced Virtual Service Router (VSR) solutions can help reduce energy consumption by two-thirds. 6WIND’s mission as a Green Tech Company is to provide efficient & sustainable virtualized networking software solutions to CSPs around the world, which will not only result in huge savings but also help reduce their carbon footprint. 6WIND VSR Solutions can help reduce the carbon footprint by lowering energy consumption by two-thirds, cost effectively without sacrificing performance. 6WIND do this by drastically reducing the hardware servers required by the networks to deliver their services. 6WIND VSR solutions; vPE, vCSR, vSecGW, vCGNAT, vBorderRouter & vCPE, have proven their energy saving capabilities and their impact on reducing the carbon footprint. These solutions deliver high performance, security, scalability, flexibility, openness and agility, to global CSPs, MNOs, Cloud Providers, Data Centers and Enterprises. These are deployed bare-metal, virtualized, containerized or cloud-native on COTS servers in private and public clouds. 6WIND will be at the upcoming NGMN Conference in Paris & MWC Las Vegas, where they will share how CSPs can accelerate their virtualized and cloud native journey whilst lowering their energy consumption that can lead to huge savings. “At 6WIND we are proud to be a Green Tech company, contributing to the reduction of CO 2 within our eco-system. We are helping CSPs, MNOs and Cloud Providers to build efficient, competitive and sustainable networks with our VSR solutions.” commented Julien Dahan, CEO, 6WIND. About 6WIND 6WIND is a green tech virtualized & cloud-native networking software company and the worldwide leader for Virtual Service Router solutions. 6WIND software is deployed globally by CSPs, MNOs, Cloud Providers, Data Centers & Enterprises, allowing them to replace expensive hardware & build their new 5G networks with virtualized networking software solutions for routing and security use cases. 6WIND has a global presence with Headquarters based in Paris - France, Santa Clara, CA - USA and Singapore. Social follow - LinkedIn & Twitter www.6wind.com Contact Details 6WIND Neelam Bahal, VP Global Marketing +44 7805 090701 neelam.bahal@6wind.com Company Website https://www.6wind.com

September 06, 2022 09:00 AM Eastern Daylight Time

Article thumbnail News Release

Volt Inu (VOLT) Listing on Gate.io While Their Marketing Strategy Continues to Grow

VOLT

The Volt Inu team is excited to announce that its token ($VOLT) will soon be available on the Gate.io exchange. As its founders explained, this listing is just the latest milestone in Volt Inu's go-to-market strategy. Gate.io is a world-leading digital asset trading platform with millions of registered users. The exchange offers a wide range of tokens and features an intuitive user interface. Volt Inu's listing aims to speed up the mass adoption of the $VOLT token. What Does the Latest Listing Mean for Volt Inu? Gate.io, one of the world's leading crypto exchanges, is listing Volt Inu ($VOLT ) on its platform on September 9th. This Tier 1 listing is a significant development for Volt Inu, as it opens up the token to a much wider audience and to some of the biggest exchanges in the world. Gate.io is one of the most popular exchanges in the world, with over 6 million registered users. This listing gives Volt Inu a significant boost in visibility and legitimacy. Therefore, investors will be looking at its impact on the token's price. Volt Inu is a relatively new entrant to the cryptocurrency market, but it has already made a big splash. The team behind Volt Inu has impressed investors with their strong track record and commitment to delivering value. This move is a new step following the success path of Shiba Inu ($SHIB) after its listing on the same platform. Back in April 2021, Shiba Inu's price was just $0.0000002. However, after being listed on Gate.io, its price surged by 175X to almost $0.000035 in less than a month. This listing is a big vote of confidence from Gate.io in the potential of Volt Inu. It is an important step forward for the team and the project. Crypto enthusiasts will be careful to see how this operation will impact the trading activity on the $VOLT token. Volt Inu's Marketing Strategy Continues to Grow Volt Inu's team is working hard to give this project a strong marketing strategy. The upcoming Chainlink SmartCon event in New York City will have VOLT as a sponsor. The operation aims to increase the project's public image and attract new users. Additionally, the team has started an extensive billboard campaign across the United States that will last four months. The team believes this operation will make people more aware of the project and its purpose. Moreover, drivers for Uber Eats and Doordash are spreading the word about VOLT to their clients. These food delivery services are popular among people of all age groups, making this marketing method potentially effective. Finally, the project has a vast marketing campaign going on in Columbia. This campaign aims to educate tens of thousands of people about cryptocurrencies and Volt Inu. The team hopes this will increase the project's visibility and attract new users. About Volt Inu Volt Inu defines itself as a hyper-deflationary ecosystem that offers users a wide range of features. As its founders explained, investing in VOLT means investing in a basket of diversified assets. Among these assets, Volt Inu’s website mentions NFTs, altcoins, stablecoins, and others. Volt Inu implements an automatic 2% burn tax on ETH and another automatic 4% burn tax on the BNB Chain. These mechanisms wish to guarantee a rising price floor by reducing the circulating supply, giving the token a deflationary nature. Volt Inu has attracted much attention from the crypto community thanks to its innovative approach and strong marketing strategy. The team wishes to deliver value to investors, and the listing on Gate.io is a step forward for the project. With a wide range of features, Volt Inu is well-positioned to accelerate the mass adoption of cryptocurrencies. Volt Inu's website provides additional helpful information on the project. Furthermore, the team frequently uses the social media pages below to keep in touch with its large community base. Twitter | Telegram | LinkedIn | YouTube Contact Details Volt Inu Jo Evans contact@voltinu.in

September 06, 2022 08:17 AM Eastern Daylight Time

Image
Article thumbnail News Release

Cropin launches the world's first purpose-built industry cloud for agriculture - Cropin Cloud

Cropin

Agritech pioneer Cropin announced the launch of Cropin Cloud, the world's first purpose-built industry cloud for agriculture. Cropin Cloud is a multi-tenant, secure, scalable, flexible, intelligent cloud platform enabling agri-businesses, development agencies, governments, and allied industries to accelerate digital transformation across their business value chain. Cropin Cloud is an integrated platform of applications for digitization, clean and contextual data pipelines for enhanced decision-making based on data analytics, and globally proven crop-specific, crop and geography-agnostic machine learning models. It aims to advance technology adoption to solve real-world agricultural problems and deliver value to every stakeholder in the food value chain, from the farmer and agribusinesses to the consumer. The platform is a culmination of Cropin's 12+ years of experience and expertise in enabling the global agriculture ecosystem with technology and data. With this launch, Cropin will help agri-food and allied businesses to manage the complexity of converging multiple-point technology solutions while enjoying the flexibility of choosing the right solutions based on where they are in their digital transformation journey. Commenting on the launch, Krishna Kumar, Founder & CEO, Cropin, said, "Today, the global agriculture ecosystem is facing large disruptions triggered by climate change, geo-political tensions, food supply-chain challenges, and an ever-increasing global population. Solving these challenges demands a technology platform that enables the ecosystem players to transform their business operations. Cropin Cloud leverages the advancements in cloud computing, earth observation, remote sensing, data and machine learning algorithms to help the agriculture sector unlock new possibilities. For Cropin, this is an important milestone as we double down on our core purpose to maximize per acre value for every stakeholder in the global agriculture ecosystem." Vijay Nelson, Chief Product Officer, Cropin, said, "Cropin Cloud is the world's very first intelligent cloud platform for agriculture. Agriculture technology is complex and needs specialized expertise in multiple areas like GIS, agri-science, AI/ML models, weather data, and IoT, among others. Crops are copiously diversified, and the digital solutions required to monitor them need hyper-tuning. Cropin Cloud combines the power of a diverse set of advanced technologies, agronomy knowledge, data science and artificial intelligence. The platform offers a complete set of agriculture-specific capabilities to accelerate business growth and bring about rapid and far-reaching digital transformation in the agri-ecosystem." Cropin Cloud can be a great enabler in solving agri-ecosystem challenges such as traceability, yield unpredictability, supply chain disruptions, and other agri-food ecosystem challenges. It delivers a scalable agri-stack that comprises a powerful triad of abilities and platform layers, including Cropin Apps, Cropin Data Hub, and Cropin Intelligence: Cropin Apps - Enable digital transformation at scale across agriculture and allied industries, including forestry, commodity, banking and insurance: They enable a range of use cases such as global farming operations management, food safety measures, supply chain visibility, predictability and risk management, farm-to-fork traceability, farmer enablement and engagement, advance seed R&D, trialling, production management and multi-generational seed traceability. Cropin Apps also helps agribusiness adopt Climate Smart and Regenerative Agriculture, crop protection and nutrition management on/off the field, and monitoring and managing deforestation and carbon emissions. Cropin Data Hub - To deliver the power of unified data: The Data Hub enables interfacing with multiple agri-data sources - on-field farm management apps, IoT devices, drones, mechanization data from farming resources, remote sensing satellite and weather data. Agribusinesses can now access structured and contextualized data from various sources for correlation and analysis at scale. Cropin Data Hub also has pre-built advanced data frameworks to solve the most challenging problems, such as cloud-free satellite imagery, boundary detection of farm plots, and segmentation of land use. Cropin Intelligence - As part of the Intelligence platform, Cropin's 22 contextual deep-learning and AI models will help agribusinesses with intelligence around crop detection, crop stage identification, yield estimation, irrigation scheduling, pest and disease prediction, nitrogen uptake, water stress detection, harvest date estimation, change detection, among others. Built using the world's largest crop knowledge graph, these field-tested models have been deployed globally and fine-tuned for specific crop varieties, conditions, and locations. With the first industry cloud for agriculture, Cropin aims to usher in the next wave of innovations in digital transformation across the agriculture ecosystem. About Cropin Founded in 2010, Cropin is a global agtech pioneer who has built the world's first purpose-built industry cloud for agriculture - Cropin Cloud. Cropin Cloud enables various stakeholders in the agri-ecosystem to leverage digitization and predictive intelligence to make effective decisions that increase farming efficiency, scale productivity, manage risk and environmental changes and enhance sustainability. Cropin has partnered with over 250 B2B customers and digitized 16 million acres of farmland, improving the livelihoods of more than 7 million farmers. Our work over the last decade has enabled us to spearhead a global 'Ag-intelligence' movement with a crop knowledge graph of 500+ crops and 10000+ crop varieties in 92 countries that power the Cropin Cloud. Cropin Cloud's intelligence platform has already computed and provided predictive intelligence for over 0.2 billion acres of farmlands across the globe. Contact Details Cropin Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.cropin.com/

September 06, 2022 07:00 AM Eastern Daylight Time

Image
1 ... 370371372373374 ... 586