Israel's ScanTask Chosen for Industry Expo in London

Jerusalem, 1 November, 2016 (TPS) -- ScanTask, a Tel Aviv-based agri-tech company that focuses on precision agronomy, has been chosen as part of a select group of companies for an industry showcase expo.

CEO Israel Fraier told Tazpit Press Service (TPS) that the World-Agritech Investment Summit, held November 2-3 in London, would serve as a critical stage to discuss the role of business intelligence technology for the agriculture sector.

“Apart from the obvious goal of raising capital, the Summit will be a chance to accelerate our ability to provide precision agronomy services to farmers in any part of the world. That, in turn, will allow them to maximize output by correlating the results of multiple farming technologies,” Fraier said.

Precision Agronomy (PA) deals with fine agriculture optimization aimed at defining a decision support system capable of maximizing returns on inputs while preserving resources and contribute to food and environment safety. 

Fraier said the AgriTask system creates a farmers’ business intelligence ecosystem, which correlates between various data layers of ground data, aerial images, forecast data, and activities that are performed or planned for the specific crop. The data is then combined with existing agro-knowledge for the specific crop to provide customized decision support for the various agriculture players. He added that company research showed that AgriTask helps users preempt crop risks, secure and increase yield, improve work efficiency and generate direct-cost savings on inputs of 18 to 40 percent.

“Moreover, by enabling big ag-buyers to manage and work with small farmers, AgriTask is helping those farmers to become part of the global market and sell their crops for a better price with fewer middlemen,” Fraier claimed.

World Agri-Technology is considered a meeting place for international stakeholders dedicated to advancing sustainable agriculture in both developed and developing markets. Focused on identifying the best models for successful technology commercialisation, the summit brings together experts from around the world to share best practices and case studies and to identify opportunities for investment.

Thursday, ScanTask board member Thiago Terzi will join delegations from the UK, Spain, Australia and Ireland for a side exhibition entitled “Early-Mid Stage Technology Innovators Present Seven-Minute Snapshots of their Solutions.”

Israel will also be represented by Nitza Kardish, CEO of Trendlines Agritech, who will chair a second exhibition of agricultural and food technologies.

Summing up, Israel Fraier told TPS that the London conference will catapult the company into the world agricultural market.

“Given the fact that AgriTask is already a developed and sophisticated product selling in the main market worldwide, and given the relative low resources needed for building an AgriTask-based global company, we hope to make it an Israeli brand,” he concluded.