SMARTISLAND IS THE NEW DIGITAL MAGICS PALERMO STARTUPÂ DEVELOPING INNOVATIVE PRODUCTS AND SERVICESÂ FOR THE AGRIFOOD INDUSTRY
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The first SmartIsland project is an artificial intelligence system dedicated to precision agriculture for the prevention of plant diseases and viruses ,and the monitoring of their health status
 The Startup from Niscemi, supported by the Sicilian incubator Digital Magics, has developed vision farming(?) IoT technologies to innovate and improve the processes and production of agricultural companies.
Palermo, December 14 2017 – SmartIsland (www.smartisland.info), innovative Startup of Niscemi (Caltanissetta), which is developing technological products and services for the food industry, joins the team of Digital Magics Palermo: Sicilian headquarters of Digital Magics, business incubator listed on the AIM Italia market of the Italian Stock Exchange (symbol: DM), in collaboration with partner company Factory Accademia.
Digital Magics Palermo acquired 10% (Digital Magics 5%, Factory Academy 5%) of the share capital of SmartIsland and is working alongside the AgriTech Startup with its incubation services in strategic and commercial development.
The first project designed by the new digital enterprise is Smart Farm: an information system for precision agriculture, able to prevent diseases, water stress, viruses and plant pest attacks, by controlling, improving, and automating the management of the entire production cycle, planning and quantifying properly irrigation and fertilization.
Thanks to an artificial intelligence-based automatic system, Smart Farm analyses the soil and in particular micro-nutrients such as nitrogen, phosphorus and potassium, also providing an innovative observation tool for water and soil control, helping farms to reduce working time and compensating for investments with a significant optimization of resources (labour, machines, energy and fertilizers).
IoT (Internet of Things) technologies of vision farming, developed by SmartIsland, are systems with software and hardware sensors (which detect information both from the field and during the production phase) for disease prevention, health status monitoring and analysis of requirements for crops such as citrus, vegetables, olive trees and vineyards, sending alerts to farmers and agricultural business managers’ PCs, smartphones and tablets.
Maria Luisa Cinquerrui, Founder and CEO of SmartIsland, said: “The AgriFood sector is increasingly broad and dynamic: it is estimated that there are 2.5 billion people working in agriculture worldwide and 570 million agricultural companies, of which 513 million are family-owned. With Smart Farm, which we will launch onto the market in early 2018, we want to apply the technologies of the Internet of Things to the cultivation of the earth, because we are convinced that we can really improve some aspects of human life such as health and work “.
Alessandro Arnetta, Founder and CEO of Factory Academy and Partner of Digital Magics Palermo, declares: “SmartIsland is the third participant of our incubator in Sicily, after Morpheos and SpidWit, and it represents the perfect example of how innovation can create Industry 4.0 and Enterprise 4.0 even in a market as traditional as agriculture. The mission, the advanced technology and the heterogeneous and extremely comprehensive skills of the team have literally conquered(?) us. We are convinced that this Startup has all the right credentials, starting from the original and scalable business model, in order to conquer the international markets over the next few years “.
This press release is online in the section Investors/Press Releases at www.digitalmagics.com.
SmartIsland is the innovative Startup of Niscemi (Caltanissetta), incubated by Digital Magics Palermo, which is developing technological products and services for the agro-food industry. The first project created is Smart Farm, an information system dedicated to precision agriculture capable of preventing occurring diseases, water stress and monitoring the crops health status. This is possible through the use of artificial intelligence automated systems, capable of representing an innovative observation point for water and soil control.
Digital Magics, listed on AIM Italia (symbol: DM), is a business incubator of digital projects that provides consulting services and acceleration services to startups and enterprises, to facilitate the development of new technological businesses. Digital Magics, Talent Garden and Tamburi Investment Partners, have created the most important national hub for innovation for DIGITAL MADE IN ITALY, by providing support to innovative startups to create successful projects, from conception to IPO. Digital Magics has always been a partner of excellent enterprises, with its Open Innovation services, thus creating a synergetic bridge between companies and digital startups. The incubation and acceleration services offered by Digital Magics are active in the TAG co-working campuses present throughout Italy. Complementary services include investment activities, which have produced over the years a portfolio of 70 investments in digital startups, scaleups and spinoffs with high growth rates. Accelerated companies are flanked by Digital Magics’ team, a partner of enormous business and digital experience, and benefit not only from the large network of private and institutional investors that support them through “club dealsâ€, but also from the many partner companies that support them on an industrial scale.
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