Katy, Texas, July 11, 2024 406 Bovine, a provider of facial recognition software for livestock, is leading the adoption of artificial intelligence in animal agriculture applications.
Early applications of artificial intelligence in agriculture have focused on crop and land management applications, but livestock applications are gaining attention as farmers realize the value they can create and gain by implementing AI-enabled techniques in their operations.
The USDA estimates that the market value of livestock in 2022 will be $260 billion Most of the value is in beef cattle ($89 billion) followed by dairy products ($52 billion), pig, piglet ($36 billion), sheep, goats ($1.1 billion),Horse($2 billion).
The application of artificial intelligence in animal agriculture falls into a few main categories: value creation, value capture, and cost reduction. Specific applications of artificial intelligence range from identifying and weighing animals to optimizing genetics and feed intake to increase production efficiency and market value.
406 Bovine's facial recognition solution focuses on animal identification, using a database of over 6 million animal images to train artificial intelligence algorithms to quickly and reliably identify individual animals. After extensive field testing and model refinement, the 406 Bovine application works with over 99% accuracy on all common cattle breeds.
406 Bovine has pending a multi-country patent application in the United States under the Patent Cooperation Treaty (PCT) for animal facial recognition, the first and only livestock biometric patent that uses facial recognition to identify livestock and pets, enabling rapid, accurate and persistent animal identification.
Ranchers invest time and money into incrementally improving their herds. Most ranchers use ear tags to track and manage individual animals. But losing that tag means loss of identification and exclusion from many value-add programs.
406 Bovine's facial recognition capabilities allow ranchers to maintain the identity of each individual animal and understand the value they are adding to their herd. The 406 Bovine app is used to track important information that improves management of the cattle herd and helps ranchers make informed decisions to help make important management choices. All information collected can be stored and accessed on your smartphone.
Brian Elliott“While artificial intelligence in livestock farming is still in its early stages, we are already seeing 406 Bovine customers using facial recognition technology to track value-added cattle, providing an alternative to DNA identification and streamlining data collection,” said 406 Bovine founder and CEO.
Elliott added, “Because 406 Bovine is the only truly permanent animal identification option on the market, our customers use the technology for a wide range of applications, from replacing brands and ear tags to a back-up method of identification for program-specific cattle. Our customers are constantly looking for new and innovative ways to apply facial recognition technology to their operations, and we will continually update our 406 Bovine services to meet their evolving needs.”
The resources required to design, build, test and implement an artificial intelligence solution are significant. 406 Bovine has raised funding from angel investors and is currently seeking investors for its next funding round.
“As the usefulness of artificial intelligence increases and the unit cost of the technology falls, we are confident that 406 Bovine is well positioned for long-term growth as a leading provider of artificial intelligence solutions to livestock agriculture,” Elliott said.
Approximately 406 cows
406 Bovine is an agricultural technology company that provides facial recognition software to capture animals' unique facial data to quickly and accurately identify livestock. 406 Bovine uses advanced artificial intelligence to enable livestock producers to record animal identities and associated information with its unique, patented API.
For more information, visit www.406bovine.com.
contact
Brian Elliott
Founder and CEO
832-271-0771, ext. 800
[email protected]
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