Agreement will support the "Blue Economy" through digital
solutions designed to give aquaculture and other ocean-based
industries insights to help reduce their carbon output while
improving business outcomes. 3.3bn people rely on the ocean for
food and economic security.
TEANECK, N.J., June 14, 2023 /PRNewswire/ --
Cognizant (Nasdaq: CTSH) today announced that it is
collaborating with Tidal, a project inside X, Alphabet's Moonshot
Factory, to make Tidal's ocean information platform widely
available to the aquaculture market. Until now, Tidal's platform
has been available to select pilot partners only, offering
data-driven insights designed to improve the sustainability and
efficiency of their operations. Cognizant will use its software and
systems integration expertise to bring the Tidal platform to the
broader aquaculture market.
Longer term, Cognizant and Tidal will explore additional ways to
apply the platform to make an impact on industries that depend on
ocean insights, including blue transportation; blue energy, and
blue carbon. Together with aquaculture, part of blue food, these
sectors of the blue economy represent a significant opportunity to
decarbonize large ocean-based industries.
The Technology
Tidal has developed a digital technology solution that utilizes
innovations in underwater perception, machine learning, AI, and
automation to gather and analyze data. Cognizant will collaborate
with Tidal to make these technologies more widely available to the
aquaculture industry to help them make more intelligent decisions,
build more resiliency into their operations, and run more
efficiently in a strict regulatory environment.
For the past five years, Tidal has worked with aquaculture
industry leaders to develop its solution, which includes a system
of underwater cameras, sensors, machine perception tools and
software designed to interpret complex ocean environments. The
current platform has been built and validated using Tidal's AI,
which has been trained on 8 billion underwater observations of fish
behavior across 900 terabytes of operational video.
Through its longstanding relationships with global enterprises
that make up the Blue Economy, Cognizant will be able to help
companies integrate Tidal's technology into their enterprise
systems, linking data from across their business to gather insights
and make decisions that improve efficiency throughout the entire
value chain.
"With digital technology ocean industries can not only become
more resilient and future-proof in the face of a more unpredictable
and rapidly changing environment, but they can help make oceans
healthier and address humanity's biggest problems – from food
production to renewable energy to climate change," said Stig Martin
Fiskå, Global Head of Cognizant® Ocean. "We welcome this important
collaboration with Tidal to work together with clients to support
their holistic, systems-level change."
The Opportunity
Ocean based-companies can drive better business outcomes and
contribute to decarbonization through lowering the carbon footprint
of their operations. For example, in aquaculture fish farmers can
use machine perception tools and AI to automate feeding time in
accordance with the hunger levels of the fish to reduce wasted
feed, a significant carbon emissions source while improving growth
metrics. In shipping, sea transport companies can use machine
learning models to analyze micro-weather systems, current speeds
and port data traffic to optimize shipping route and port arrival
times for lower fuel usage.
"To preserve ocean health, we need to take an innovation-driven
and collaborative approach with aquaculture companies and other
businesses that make their living on and in the ocean," said Tidal
Founder and CEO, Neil Davé. "Through
our collaboration with Cognizant, we hope to build on our initial
success in the Norwegian aquaculture industry, and eventually
expand to other sectors of the Blue Economy to make a meaningful
impact in ocean health and global decarbonization."
About Tidal
Tidal, a project inside Alphabet's Moonshot Factory, is
developing a new platform to advance our understanding of ocean
health and climate change. Tidal is combining machine learning with
new types of underwater perception hardware to gain unprecedented
visibility into aquatic relationships and ecosystems. For more
information
About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help
our clients modernize technology, reimagine processes and transform
experiences so they can stay ahead in our fast-changing world.
Together, we're improving everyday life. See how at
www.cognizant.com or @cognizant.
For more
information, contact:
|
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Europe / APAC /
Americas
Christina
Schneider
christina.schneider@cognizant.com
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India
Rashmi
Vasisht
rashmi.vasisht@cognizant.com
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