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Annual Report 2020

Rusagro informs about receiving a grant for a project for the introduction of artificial intelligence on its fields together with AssistAgro

17.12.21

Rusagro-Invest LLC, part of the Rusagro Group of Companies, and AssistAgro LLC will receive a grant for the implementation and complementation of artificial intelligence in the field of crop production from the Skolkovo Foundation (VEB.RF Group) within the framework of the federal project Artificial Intelligence of the national program Digital Economy of the Russian Federation. The Foundation received funds for grant support from the Ministry of Economic Development of the Russian Federation.

Within the framework of the competition, AssistAgro received a positive assessment of the project for the introduction of a product for identifying weeds and calculating the density of agricultural crops. The company also plans to release on the market recommendation systems and control systems for the automation of technological operations. The Foundation will provide a grant to improve artificial intelligence used in the company's first product i.e. automated agro scouting and an agricultural service management system.

Next year, Rusagro is completing the algorithmization of all its processes in crop production and will continue to develop systems in the field of artificial intelligence and robotization. The use of remote diagnostics and precision farming tools will allow faster achievement of Rusagro's sustainable development goals, including control of the carbon footprint and care for soil fertility.

AssistAgro was created to develop crop management technologies and offer these technologies to the market. The first product is already being offered to the market i.e. automated field scouting and a digital management system for agricultural services. By the end of next year the second product will be launched i.e. a recommendation system with a forecast of yield and profit according to different technological scenarios, and a year later an automated control of equipment will be introduced. In the near future, AssistAgro's shareholders will invest more than RUB 1 billion in the company. The company is a resident of Skolkovo and has the status of an IT company.

A video about the AssitAgro project can be viewed at the link on YouTube: https://www.youtube.com/watch?v=dIpzQ8XwpkU