AgEye Technologies Named 'AI-Based AgTech Company of the Year' by AgTech Breakthrough

RALEIGH, N.C., October 18, 2022 (Newswire.com) - AGEYE, provider of AI-powered cameras, sensors, and predictive analytics for indoor farming, today announced it has been recognized as "AI-based AgTech Company of the Year" in the 2022 AgTech Breakthrough Awards conducted by AgTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global agricultural and food technology markets today.

AGEYE's artificial intelligence platform analyzes thousands of data points across hundreds of metrics to provide real-time visibility and insights into the internal operations of commercial indoor farms. Using advanced computer vision and machine learning algorithms, the platform provides per-plant visibility at a commercial scale. Growers can instantly access critical information relating to the health and development of their crops, including the height, fresh mass, and growth rate of individual crops, the distribution of leaf temperatures and airflow across layers, and the overall harvest readiness of a cycle. 

AGEYE's functionality extends beyond crop monitoring with its digital twin platform that enables growers to see the profitability of a crop cycle before harvest, optimize environmental conditions to maximize growth or energy savings, and visualize what impact nutrient and/or light changes will have on their crop - before actually making any changes. 

"This award from AgTech Breakthrough truly validates the continued work and focus we are putting into sustainable methods for controlled environment agriculture," said Nick Genty, CEO of AGEYE. "Artificial intelligence has the potential to transform the industry by reducing the complexity that surrounds the interaction of growth factors, enabling commercial growers for the first time with the tools needed to see how environmental and/or nutrient changes will impact the crops being grown within their specific facilities." 

No stranger to AgTech Breakthrough, AGEYE has previously been recognized as "Indoor Farming Company of the Year" in 2020 and awarded the "Overall Sensor Solution of the Year" award in 2021.

The mission of the annual AgTech Breakthrough Awards program is to conduct the industry's most comprehensive analysis and evaluation of agricultural and food technology categories, including Internet-of-Things (IoT) and Artificial Intelligence (AI) based agricultural technologies, farm management, indoor farming, food quality, data analytics and many more. This year's program attracted more than 1,600 nominations from over 15 different countries throughout the world.

"Growing in a controlled environment is the opportunity to maximize plant growth rate, development, and yield. However, for the majority of indoor growers this isn't possible without first understanding what's happening at a much more granular level," said Bryan Vaughn, Managing Director, AgTech Breakthrough. "We fully support AGEYE's approach in transforming commercial indoor grow operations from clipboards and best guesses into a highly efficient and controlled manufacturing process. We're excited to offer congratulations for the third year in a row - this time for 'AI-based AgTech Company of the Year."

Source: AGEYE