Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm Programming Radio Oklahoma Network  |  7401 N. Kelley Ave. Oklahoma City, OK 73111  |  (405) 841-3675  |  Fax: (405) 841-3674

advertisements
   
   
   
   
   
   
   
   

Agricultural News


John Deere Set to Advance Machine Learning Capabilities with Acquisition of Blue River Technology

Thu, 07 Sep 2017 11:58:38 CDT

John Deere Set to Advance Machine Learning Capabilities with Acquisition of Blue River Technology


Deere & Company has signed a definitive agreement to acquire Blue River Technology, which is based in Sunnyvale, California and is a leader in applying machine learning to agriculture.



“We welcome the opportunity to work with a Blue River Technology team that is highly skilled and intensely dedicated to rapidly advancing the implementation of machine learning in agriculture,” said John May, President, Agricultural Solutions, and Chief Information Officer at Deere. “As a leader in precision agriculture, John Deere recognizes the importance of technology to our customers. Machine learning is an important capability for Deere’s future.”



As an innovation leader, Blue River Technology has successfully applied machine learning to agricultural spraying equipment and Deere is confident that similar technology can be used in the future on a wider range of products, May said.



Blue River has designed and integrated computer vision and machine learning technology that will enable growers to reduce the use of herbicides by spraying only where weeds are present, optimizing the use of inputs in farming - a key objective of precision agriculture.



“Blue River is advancing precision agriculture by moving farm management decisions from the field level to the plant level,” said Jorge Heraud, co-founder and CEO of Blue River Technology. “We are using computer vision, robotics, and machine learning to help smart machines detect, identify, and make management decisions about every single plant in the field.”



Already in 2017, Blue River Technology has been listed among Inc. Magazine’s 25 Most Disruptive Companies, Fast Company’s Most Innovative Companies, CB Insights 100 Most Promising Artificial Intelligence Companies in the World, and the Top 50 Agricultural Innovations by the American Society of Agricultural and Biological Engineers.



Deere said it will invest $305 million to fully acquire Blue River Technology. Deere plans to have the 60-person firm remain in Sunnyvale with an objective to continue its rapid growth and innovation with the same entrepreneurial spirit that has led to its success. The transaction is expected to close in September.



May said the investment in Blue River Technology is similar to Deere’s acquisition of NavCom Technology in 1999 that established Deere as a leader in the use of GPS technology for agriculture and accelerated machine connectivity and optimization.



Source - Deere & Company





   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • National FFA Officer Piper Merritt of Oklahoma Prepares for a Busy Year Ahead Serving FFA Members  Tue, 21 Nov 2017 11:35:05 CST
  • OSU's Deb VanOverbeke Says Industry Showing Notable Improvement in Latest Beef Quality Audit  Tue, 21 Nov 2017 10:16:34 CST
  • Tuesday Preopening Market Update with Dave Lanning  Tue, 21 Nov 2017 07:19:09 CST
  • Latest Crop Progress Report Shows Slipping Winter Wheat Conditions as Fall Planting Wraps Up  Tue, 21 Nov 2017 05:14:43 CST
  • Department of Transportation Grants Livestock Haulers 90-Day Waiver for ELD Regulation Mandate  Mon, 20 Nov 2017 14:58:17 CST
  • Oklahoma Foundation Seed Stocks Poised for Continued Growth as New Complex Officially Opens  Mon, 20 Nov 2017 15:40:50 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Monday, November 20, 2017  Mon, 20 Nov 2017 14:22:46 CST
  • Monday Market Wrap-Up with Justin Lewis  Mon, 20 Nov 2017 14:16:29 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2017 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® NSI