KATY,
Texas, July 11, 2024 /PRNewswire/ -- 406 Bovine,
a provider of facial recognition software for livestock, is leading
the adoption of artificial intelligence in animal agriculture
applications.
406 Bovine Facial Recognition Driving
Adoption of Artificial Intelligence Applications in Animal
Agriculture
Early applications for artificial intelligence in agriculture
have been focused on row crop and land management applications.
However, applications to animal agriculture are gaining attention
as producers realize the value that can be generated and captured
by implementing technology that utilizes artificial intelligence
into their operations.
USDA estimates that the total market value of livestock in 2022
was more than $260 billion with most
of the value in beef cattle ($89
billion) followed by dairy ($52
billion), hogs and pigs ($36
billion), sheep and goats ($1.1
billion), and horses ($2
billion).
Artificial intelligence applications in animal agriculture fall
into several primary categories: value creation, value capture, and
cost savings. Specific artificial intelligence applications range
from animal identification and weight determination to optimizing
genetics and feed intake to increase production efficiency and
market value.
The 406 Bovine facial recognition solution is focused on animal
identification and uses a database of more than six million animal
images to train its artificial intelligence algorithms to identify
individual animals quickly and reliably. After extensive field
testing and model improvement, the 406 Bovine application is
operating with more than 99% accuracy across all common cattle
breeds.
406 Bovine has a Patent Cooperation Treaty (PCT), multi-nation
patent pending in the U.S on animal facial recognition. This patent
is the first and only livestock biometrics patent which enables
fast, accurate, and permanent animal identification using facial
recognition to identify livestock and companion animals.
Ranchers invest time and money to make incremental herd
improvements. Most ranchers use ear tags to track and manage
individual animals. However, losing that tag means a loss of
identification and exclusion from many value-added programs.
By utilizing 406 Bovine facial recognition, ranchers maintain
individual animal identification and capture the value they have
added to their herds. The 406 Bovine app is used to improve
management of cattle herds and track important information that
helps ranchers make informative decisions that aid in making
critical management choices. All the information collected may be
stored and accessed on their smartphone.
Bryan Elliott, founder and CEO of
406 Bovine, said: "Artificial intelligence in animal production is
in its infancy but we have already seen 406 Bovine customers use
facial recognition to track program cattle with added value,
replace DNA identification, and streamline data collection."
Elliott continued, "406 Bovine is the only true permanent,
individual animal identification option on the market, so our
customers use the technology for a wide range of applications, from
replacing brands and ear tags to serving as a backup identification
method for program-specific cattle. Our customers are continually
finding new and innovative ways to apply facial recognition
technology to their operations, and we will continue to update the
406 Bovine service to meet their evolving needs."
The resources required to design, build, test, and implement
artificial intelligence solutions are significant. 406 Bovine has
raised funds from angel investors and is currently accepting
investors for subsequent funding rounds.
Elliott noted: "As artificial intelligence utility increases and
technology unit costs decrease, we believe 406 Bovine is positioned
for long-term growth as a leading provider of artificial
intelligence solutions to animal agriculture."
About 406 Bovine
406 Bovine is an agricultural
technology company providing facial recognition software which
rapidly and accurately identifies livestock by capturing
animal-specific facial data. Using advanced artificial
intelligence, 406 Bovine empowers livestock producers to record
animal identification and related information in a proprietary,
patented API.
For more information, please visit www.406bovine.com.
Contact
Bryan
Elliott
Founder and CEO
832-271-0771, ext. 800
belliott@406bovine.com
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SOURCE 406 Bovine