Fintech PR
Aquaculture technology provider UMITRON launches Fish Appetite Index (FAI), the world’s first real-time ocean-based fish appetite detection system.
UMITRON PTE. LTD. (Singapore, Co-founder/ Managing Director Masahiko Yamada) launches Fish Appetite Index (FAI), the world’s first real-time ocean-based fish appetite detection system. UMITRON FAI uses efficient machine learning and image analysis techniques to extract relevant data from video streams that can then be used to accurately quantify fish appetite. FAI software has already been rolled out to existing customers to optimize their feeding operations.
Over the past twenty years the aquaculture industry has been expanding at an exponential rate with annual production tripling during this brief time span. At the same time, however, aquaculture feed prices have also risen dramatically. This presents an ever-growing challenge for farmers since feed costs account for a majority of their operational overhead. Farmers must walk a tight line: underfeeding their fish risks lower growth rates and slower time to market, while overfeeding increases costs and potentially harms the environment. New data analytics technologies such as IoT devices and machine learning offer farmers a solution to improve their feeding operations.
The FAI algorithm takes in the same visual information that humans would and then scores fish appetite and presents it in an easy to understand chart. When used in tandem with a smart feeder such as UMITRON CELL, the feed time intervals and amounts can be automatically adjusted with minimal human interference. Farm operators can utilize FAI to fine-tune their feeding schedules, ensuring fish are always satiated. This is easily done via their smartphones with the UMITRON app, where they can check and remotely adjust feed settings based on the FAI feedback.
FAI benefits farmers by reducing wasted feed, improving profitability as well as environmental sustainability. FAI in combination with technology such as CELL allows farmers to stay onshore during dangerous weather conditions or holidays while still keeping a close eye on their fish stocks. Furthermore, it reduces the need for every employee to be an expert at feeding and instead frees workers to focus on other tasks that improve fish welfare.
Existing UMITRON customers have already begun using FAI alongside CELL. “Today, there are many companies developing machine-learning algorithms for a variety of industries but only testing them under ideal conditions. The UMITRON Fish Appetite Index on the other hand is already being embraced by our existing customers at their ocean-based farm sites where it operates under real world conditions. It might be difficult for some of our potential customers to completely trust artificial intelligence at first, but FAI is an important tool that can be used to increase productivity and reduce waste,” said Masahiko Yamada, managing director of UMITRON. “Our appetite analysis approach is being developed with customer feedback in mind. UMITRON will continue to develop similar value-added software services that can be automatically rolled out to our existing customer base. Also, we are open to developing other practical applications after discussions with potential customers or equipment partners,” added Takuma Okamoto, CTO of UMITRON.
UMITRON is looking for partners interested in using FAI for species such as Atlantic salmon, rainbow trout, European sea bass, and gilthead sea bream. Similarly, UMITRON is looking for feeding system manufacturing partners who wish to utilize data analysis software such as FAI to improve their current products.
UMITRON will participate in AquaNor, which will be held in Trondheim, Norway from August 20-23, and The Japan International Seafood & Technology Expo from August 21-23 in Tokyo, Japan. Interested parties should contact UMITRON in advance to set up an informational meeting.
SOURCE Umitron
Fintech PR
Healthcare leaders gather at House of Commons to discuss productivity-boosting tech with MyStaff app
LONDON, Nov. 15, 2024 /PRNewswire/ — Healthcare leaders from 16 NHS trusts gathered at the House of Commons this week to see how Mid and South Essex NHS Foundation Trust is using a groundbreaking new app that transforms staff access to information vital to their patients’ care.
The MyStaff app uses AI and automation to simplify the management of critical policies and procedures, reducing the time staff spend searching for information from almost 10 minutes to under 30 seconds. Over 12,000 of the Trust’s staff have signed up, and around 1,000 are using the app daily.
With £2bn pledged to help digitise the NHS and bring down waiting lists, such time-saving tech is high on healthcare’s agenda. Trust Chief Executive Matthew Hopkins introduced the session, which was hosted by David Burton-Sampson, MP for Southend West and Leigh, and saw technology strategists and users share their experiences of digitising vital healthcare operations.
Matthew said: “Our Trust is working to make the best use of digital technologies wherever this can help staff to provide the best possible care to our patients. MyStaff app is a versatile and easy-to-use tool that improves our governance processes and makes it easy for staff to access the vital clinical information they need when treating patients.”
The Trust developed MyStaff app with digital innovators Diligram, who have created a digital governance solution that helps ensure staff use the latest policies and guidance when delivering patient care. Document compliance rates have grown from 60% to 98%, whilst projections indicate the app could release 55,000 hours’ worth of staff capacity over 3 years, worth almost £4m in staff costs and giving staff more time on patient-facing care.
Diligram CEO Leslie Golding said: “We have worked closely with the Trust on developing groundbreaking technology that supports our healthcare heroes by simplifying access to essential information. We’re proud to be part of this brilliant example of positive digital change.”
Editor’s notes
- Contact: Rob Benson, 07815098560, [email protected]
- Further images, interviews, site visits available
About MyStaff app
The MyStaff app from digital transformation company Diligram is time-saving tech that offers a mobile-first digital corporate governance solution for healthcare providers.
Web: mystaffapp.io
About Mid and South Essex NHS Foundation Trust
MSE is one of the largest Trusts in the country, serving around 1.2million people. Our values are about delivering excellent, compassionate and respectful care.
Web: mse.nhs.uk
Photo – https://mma.prnewswire.com/media/2558941/MSE_CEO_Matthew_Hopkins_MyStaff_app.jpg
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/healthcare-leaders-gather-at-house-of-commons-to-discuss-productivity-boosting-tech-with-mystaff-app-302307051.html
Fintech PR
ThunderSoft Partners with HERE Technologies to Enhance Intelligent Navigation Solutions
BEIJING, Nov. 15, 2024 /PRNewswire/ — On November 14, 2024, ThunderSoft (Stock Code: 300496), a world leading OS and intelligent device products and technology provider, and HERE Technologies, the leading location data and technology platform, announced a strategic partnership to enhance collaboration in intelligent navigation and high-definition maps. The collaboration aims to support the efficient development of navigation systems, contributing to a more connected and intelligent mobility ecosystem.
The agreement will see both companies maximize their technical strengths and platform resources for comprehensive, multifaceted cooperation. ThunderSoft’s Aqua Drive OS will integrate HERE location data and services, including HERE SDK, HD Map and autonomous driving solutions. These AI-powered elements, create a foundation for developers worldwide to build intelligent system platforms. Additionally, the partnership will deliver tailored intelligent navigation solutions for international markets, addressing the diverse requirements of automotive manufacturers and consumers.
The companies will also collaborate to develop immersive and interactive 3D high-definition mapping solutions by combining HERE’s map data with ThunderSoft’s Kanzi Map engine, establishing a new benchmark in intelligent driving and navigation.
Deon Newman, Senior Vice President and General Manager of HERE Technologies said, “This strategic partnership with ThunderSoft represents a transformative step in delivering on the potential of AI and software-defined vehicles. By uniting our best-in-class location technology with ThunderSoft’s advanced system capabilities, we will together deliver greater insight and intelligence to every journey, empowering our clients to create richer, more personalized experiences for their customers worldwide.”
Hengshang Chang, Executive President and President of SmartVehicle Business Group of ThunderSoft, highlighted the strategic importance of the collaboration, “Our collaboration with HERE holds immense significance. By integrating HERE’s map data and location platform capabilities with ThunderSoft’s pioneering vehicle OS technology, we aim to develop more competitive, globally-oriented intelligent navigation systems for the automotive industry, enabling automakers to achieve accelerated growth.”
About HERE Technologies
HERE has been a pioneer in mapping and location technology for almost 40 years. Today, HERE’s location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. Find out how HERE is moving the world forward at here.com.
About ThunderSoft
ThunderSoft, a well-known intelligent operating system products and technologies provider, has been continuously accumulating and innovating in the operating system field, with its business expanding gradually from smart phone to smart vehicle, AIOT and smart industries. Website: https://en.thundersoft.com
View original content:https://www.prnewswire.co.uk/news-releases/thundersoft-partners-with-here-technologies-to-enhance-intelligent-navigation-solutions-302307004.html
Fintech
Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator
Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.
GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”
Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”
The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.
The post Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator appeared first on .
-
Fintech4 days ago
Fintech Pulse: Industry Innovations and Partnerships Drive Global Fintech Forward
-
Fintech3 days ago
Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation
-
Fintech PR7 days ago
Converge Technology Solutions Named Solution Partner of the Year at the 2024 Ingram Micro ONE Innovation Summit
-
Fintech PR7 days ago
Manulife Investment Management aligns capabilities across regions under the newly created role of Global Emerging Market Equities CIO
-
Fintech PR7 days ago
Bybit and Block Scholes Uncover Post-Election Bullish Sentiment: Traders Lean Into Leveraged Longs Amid Stabilized Market
-
Fintech PR7 days ago
Palm Jebel Ali Project Surges Ahead in 2024: Milestones Achieved in Record Time for Dubai’s Most Anticipated Development
-
Fintech PR6 days ago
Statement From Universal Music Group N.V.
-
Fintech PR2 days ago
Cayman Enterprise City Receives Two Prestigious Awards from the Financial Times’ fDi Intelligence Global Free Zones of the Year 2024