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Description
Bedalov d.o.o. is a young and innovative micro enterprise and a spin off from University of Split (professors and Phd students). They have developed an extensive and comprehensive suite of machine-learning algorithms for automatic segmentation and classification of complex structures detected on the digital images. In this R&D project, Bedalov will develop and validate a custom automatic analysis service of video materials based on Artificial Intelligence (AI) and machine learning to inspect fish tanks'' fouling. They will collaborate with Njord Aqua AS, a small Norwegian company specializing in inspection of fish tanks infrastructure with their ROV (Remote-Operating-Vehicle) and camera equipment.
Summary of project results
The project aims to enter the market of fish farm inspections as they have seen that there are already infrastructure acquiring image/video data, but still lots of “manual” work has to be done, where experts spend hours on image analysis (by eye), while more objective measurement would be needed.
In this small R&D project, Bedalov d.o.o. will develop and validate a custom automatic analysis service of video materials based on Artificial Intelligence (AI) and machine learning to inspect fish tanks'' fouling. They will collaborate with Njord Aqua AS, a small Norwegian company specializing in inspection of fish tanks infrastructure with their ROV (Remote-Operating-Vehicle) and camera equipment.
1 Innovative Blue Growth solution has been developed : Artificial Intelligence (AI) used for automatic video analysis of biomaterial growth on fish tank nets to estimate time to clean fouling from the fish tank nets. Service of automatic video analysis of biomaterial growth on fish tank nets is completed and qualified (TRL 8/9).
2 new software services have been commercialised: Basic AI-based image analysis of fish tanks and Advanced AI-based image analysis of fish tanks.
Estimated increase in turnover for 2024, compared to 2019 is expected to be 172%.
Estimated increase in net operating profit for 2024, compared to 2019 is expected to be 6970%.
It is estimated that 2 new jobs are created in 2024 compared to 2019.
As a bilateral outcome, the business partnership with the Norwegian partner Njord Aqua AS is expected to continue after the project implementation.
Summary of bilateral results
As a bilateral outcome, the business partnership with the Norwegian partner Njord Aqua AS is expected to continue after the project implementation. Promoter was responsible for AI and machine learning software, and the Partner was responsible for hardware (fleets of ROVs remotely operated from the Bergen area).