13th Oct 2014 09:01
LONDON (Alliance News) - Arria NLG PLC said Monday that it has signed a new framework development agreement with FarmLink Inc.
Arria NLG, which develops and deploys Natural Language Generation technologies, said the agreement provides for a new application to use NLG technology for narrative summaries on FarmLink's TrueHarvest data. These narrative reports will then help FarmLink's farmer clients and their agronomic advisers identify, analyse and optimise field potential, said the company.
TrueHarvest is a yield benchmarking service that accurately shows farmers the full range of performance potential for their fields and management zones to help them measure the effectiveness of inputs and other prescriptive farming practices, as well as to make resource allocation decisions.
When farmers compare their yield information to the benchmark, a gap map is created that shows the full range of potential performance improvement. Arria NLG said its reporting application will take the information used to build the gap map and deliver agronomic insights in natural language reporting.
Under the terms of the agreement, FarmLink will pay Arria NLG for application scoping, implementation and deployment. The fees for annual licensing and other business terms have yet to be finalised, said the company.
FarmLink is a Kansas City-based technology company which offers a set of services to help farmers improve productivity and profitability.
Shares in Arria NLG were Monday trading 1.41% higher at 36.00 pence per share.
By Alice Attwood; [email protected]; @AliceAtAlliance
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
NLG.L