ALL >> Others >> View Article
Bollegraaf And Greyparrot Forge Ai Alliance Revolutionizing Global Recycling Sector
Bollegraaf, the world's leading recycling plant manufacturer, has formed a transformative alliance with Greyparrot, a trailblazer in AI waste analysis, aiming to revolutionize the global recycling industry. In a strategic move, Bollegraaf is divesting its AI computer vision business to Greyparrot, investing €11.8 million ($12.8M), and acquiring a non-controlling minority stake. This collaboration leverages Greyparrot's AI expertise, expanding its reach to 14 countries, including the establishment of its first EU office in the Netherlands. The partnership envisions fully automated smart recycling facilities, using AI to enhance recycling rates and measure emissions, accelerating the global shift towards a circular economy.
Bollegraaf, with over 50% market share in recycling plants, provides the physical infrastructure, complemented by Greyparrot's digital prowess. The initiative aims to address the imminent challenge of managing the anticipated 3.4 billion tons of waste generated annually by 2050. Greyparrot's technology, exemplified by the Greyparrot Analyzer, facilitates real-time waste monitoring and AI-driven systems, eliminating "invisible waste" and significantly contributing to sustainability. The collaboration extends beyond hardware, fostering data transparency for regulatory compliance and promoting collaboration across the waste sector supply chain.
Read More - https://www.techdogs.com/tech-news/business-wire/bollegraaf-and-greyparrot-enter-strategic-partnership-in-artificial-intelligence-ai-to-transform-the-global-recycling-industry
Add Comment
Others Articles
1. Boost Your Farm Efficiency With Vishal 328 LealAuthor: Ajay tiwari
2. Effortless Office And Budget Relocations In Auckland
Author: Accurate Movers
3. Stainless Steel Shower Tray Auckland: Strong, Sleek Solutions
Author: Kiwi Stainless
4. Best Cash For Cars In Auckland
Author: Cars 4 Cash
5. Trusted Junk Car Buyers In Auckland
Author: Cars 4 Cash
6. Cryptocurrency In Medical Billing: A Revolutionary Approach
Author: Albert brown
7. Stainless Steel Auckland Kitchen Makeover
Author: Kiwi Stainless
8. The Long-term Effects Of Childhood Trauma And How To Heal
Author: ImPerfect
9. Top It Companies In India: Driving Global Innovation
Author: Johnny
10. Uk Health And Wellness: Trends, Challenges, And Opportunities
Author: Alex
11. Trending Job Categories On Aamdhane
Author: Aamdhane
12. Enhance Your Hearing Experience With Custom Made Ear Plugs And Hearing Aid Solutions In Cardiff
Author: Steve Jones
13. Industrial Hose Pipe Couplings - Manxpower
Author: MANXPOWER
14. Best Astrologer In Koppal
Author: Astrology56
15. Unveiling Photo Editing Tricks: What You Need To Know
Author: Sam