JD Fi­nance uses AI to im­prove pig-feed­ing process, lower costs

Global Times US Edition - - BIZOVE -

Chi­nese dig­i­tal com­pany JD Fi­nance, a spinoff from China’s e-com­merce gi­ant JD.com Inc, un­veiled on Tues­day its new so­lu­tions for the up­grad­ing of the pig-breed­ing in­dus­try by us­ing tech­nolo­gies such as ar­ti­fi­cial in­tel­li­gence (AI) and the In­ter­net of Things (IoT).

With the help of fully ap­plied AI, IoT, robots and edge com­put­ing to dig­i­tal­ize tra­di­tional agri­cul­ture prac­tices, the so­lu­tions have been in­tro­duced to the pig-breed­ing in­dus­try.

This will de­crease costs by be­tween 30 and 50 per­cent, re­duce the amount of fod­der re­quired by up to 10 per­cent and shorten the slaugh­ter time to five to eight days, ac­cord­ing to JD Fi­nance.

As a re­sult, the so­lu­tion has ef­fec­tively low­ered costs in the pig-breed­ing in­dus­try by up to 50 bil­lion yuan ($7.2 bil­lion).

Also, the new so­lu­tion show­cases how tech­nolo­gies could be dis­rup­tive to tra­di­tional in­dus­tries. For in­stance, if a pig has an ab­nor­mal diet, a fa­cial recog­ni­tion al­go­rithm can quickly iden­tify it and con­nect with its growth in­for­ma­tion, im­mune in­for­ma­tion, real-time body con­di­tion, which will help ac­cu­rately con­trol feed­ing process, ac­cord­ing to the com­pany.

JD.com Inc agreed to sell its fi­nance arm for 14.3 bil­lion yuan in cash, part of a deal to spin off the fast-grow­ing divi­sion and cre­ate a strong ri­val to bil­lion­aire Jack Ma’s Ant Fi­nan­cial, Bloomberg re­ported in March 2017.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.