Friday, November 22, 2024

Cropin Launches AI Labs; To Bring Predictive Intelligence to Every Acre of the World’s Cultivable Land

Cropin, the agritech pioneer, building the first global Intelligent Agriculture Cloud, announced that it has set up a new AI Labs. With an initial team of 30 members comprising Earth Observation Scientists, Data Scientists, Agronomists and AI/ML Researchers, the AI Labs will focus on studying and ‘computing’ cultivable lands worldwide. Leveraging the contextual convergence of earth-observation data, geo-fenced field data, AI models and knowledge built and tested over the years, Cropin’s AI Labs scientists will bring intelligence to every acre of the world’s farmlands.

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The complex process of ‘Agri asset computation’ brings together hyper local historical and forecasted weather data, soil information, agro-climatic conditions, seed genetics, global crop sowing and harvesting patterns, management practices, agronomical knowledge, land records, farmer KYC and other farming insights, all under one umbrella. Cropin’s proprietary knowledge graphs are created on trillions of farm pixel datasets that continuously grow and multiply in time & space, allowing the company to build and implement the various AI models in any country in the shortest possible time. Cropin is doubling down efforts in solving some of the most complex challenges and opportunities in this industry with the launch of this initiative.

In a first of its kind initiative in the global agriculture ecosystem, this move will help accelerate digital adoption in the sector and transform agriculture into a sustainable, efficient, and data-driven industry.

Commenting on the launch of Cropin AI Labs, Krishna Kumar, Co-Founder & CEO, Cropin, said, “At Cropin, we are constantly focused on building technology that can enable and transform the agriculture sector. Right from our founding in 2010, when no category called agritech existed, to today, we see the industry evolving from the digitization of farming to intelligent and data-driven agriculture. Over the past few years, our Earth Observation & AI science research teams have built global intelligence models for agriculture that are already unmatched in terms of accuracy and scalability in the real world. Cropin’s AI Labs will help us accelerate this effort to compute and bring the benefits of predictive intelligence to every acre of the world’s farmlands.”

The company’s AI/ML-powered predictive risk monitoring and mitigation solutions have registered a revenue growth of more than 110X between 2019 and 2022 and now account for 65% of Cropin’s revenues. Cropin’s Data and Insight Platforms provide businesses with actionable insights on crop identification and yield estimation; crop health monitoring, biotic and abiotic stress risk mapping, predicting harvest, irrigation & water usage management; and greenhouse gas emission monitoring and climate-smart agriculture advisories.

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