STOCK TITAN

Akamai Awards $1M in Products and Services to Future of Life Online Challenge Winner Bloomfield Robotics

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Akamai Technologies has awarded $1 million in products and services to Bloomfield Robotics, the winner of its Future of Life Online Challenge. This initiative aims to tackle global food production issues through advanced agricultural technology. Bloomfield Robotics employs AI and imaging hardware to enhance crop monitoring, addressing challenges from environmental pressures and supply chain disruptions. With this grant, Bloomfield will leverage Akamai's edge computing and security solutions to improve the efficiency and safety of its operations, ensuring better crop performance and data protection.

Positive
  • Bloomfield Robotics wins $1 million in Akamai products and services.
  • Akamai's edge computing capabilities will enhance Bloomfield's data processing speed and efficiency.
  • Bloomfield aims to improve crop monitoring using advanced AI technology.
Negative
  • None.

Plant sciences artificial intelligence startup sets sights on solving global food production challenges by scaling agtech platform with Akamai edge computing and security capabilities

CAMBRIDGE, Mass., June 13, 2022 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced that Bloomfield Robotics is the winner of its Future of Life Online Challenge, clinching an award of USD $1 million in Akamai products and services. Bloomfield is addressing the challenges of growing high-quality crops in the face of rising environmental pressures, demographic shifts, production costs and supply chain issues. Using a combination of artificial intelligence and custom imaging hardware, Bloomfield makes it easier for farmers and produce companies to understand the health and performance of every plant by automating crop inspection and analysis. 

Akamai today also debuted the Future of Life Online Challenge video docuseries hosted by two-time Emmy Award-winning talk show host Mario Armstrong. Available at akamai.com/lifeonline, the four-part series follows Bloomfield and co-finalists Cooler Screens and Ennoventure through the pitching and judging processes, culminating with the Bloomfield team's high-energy welcome to Akamai headquarters as the newly minted winners of the challenge.

Launched last fall, the Akamai Future of Life Online Challenge is an opportunity to celebrate and reward "the visionaries, the rebels, and the insanely curious innovators" shaping breakthrough digital experiences that make life better. The rigorous submission process included "Shark Tank"-style live pitches before a panel of judges from the Akamai global leadership team. Applicants had to demonstrate how their innovative products or services could viably scale to make a positive impact on the world with the benefit of Akamai security, delivery, and compute solutions.

"Winning the Akamai Future of Life Online Challenge gives Bloomfield access to world-class technology and expertise that will immediately help us scale and better secure our business," said Mark DeSantis, CEO, Bloomfield Robotics. "It also affords us leeway to experiment with new capabilities and resources in ways that many companies at this stage simply don't have the luxury of doing. Bloomfield is honored to win the challenge and we're even more excited to work with Akamai to help improve crop performance from seed to harvest."

Bloomfield can use Akamai compute solutions to build its systems faster, accelerate time to deployment, and more quickly return data to farmers. The valuable data, along with customer information and its own internal functions, can be better secured with Akamai security offerings. Bloomfield intends to explore numerous Akamai capabilities, including:

  • Edge Compute Services: The Akamai edge platform can assist with pre-processing and delivering large volumes of data from farm to data center significantly faster than before. With more than 360,000 Akamai edge servers deployed globally, Bloomfield will have a decidedly more robust network to get farmers closer to real-time insights.
  • Security: As Bloomfield grows, security will become an even more essential piece to protect its business, customers, and high-value data. The company intends to explore how Akamai cybersecurity solutions can better protect and secure its data from inception to analysis to storage.
  • Cloud Computing: Bloomfield intends to evaluate how its existing cloud compute systems can work with new capabilities from Akamai and Linode to train front- and back-end data to move quickly and seamlessly together.

"Bloomfield is at the bleeding edge of crop digitization, an exciting convergence of big data and artificial intelligence," said Kim Salem-Jackson, chief marketing officer, Akamai and one of the challenge judges. "Among so many extraordinary submissions for the $1 million Future of Life Online Challenge, Bloomfield stood out as a company with values and aspirations that aligned directly with Akamai's purpose to make life better for billions of people billions of times a day. Bloomfield represents the best of the entrepreneurial spirit and Akamai couldn't be more excited to help the company grow and fuel positive change in helping deliver better food to consumer tables around the world."

For additional information about Bloomfield Robotics, visit bloomfield.ai.

About Akamai
Akamai powers and protects life online. The most innovative companies worldwide choose Akamai to secure and deliver their digital experiences — helping billions of people live, work, and play every day. With the world's largest and most trusted edge platform, Akamai keeps apps, code, and experiences closer to users — and threats farther away. Learn more about Akamai's security, content delivery, and edge compute products and services at www.akamai.com, blogs.akamai.com, or follow Akamai Technologies on Twitter and LinkedIn.

Contacts:
Chris Nicholson
Akamai Media Relations
+1 617-444-2987
cnichols@akamai.com

Tom Barth 
Akamai Investor Relations 
+1 617-274-7130 
tbarth@akamai.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/akamai-awards-1m-in-products-and-services-to-future-of-life-online-challenge-winner-bloomfield-robotics-301565424.html

SOURCE Akamai Technologies, Inc.

FAQ

What is the Future of Life Online Challenge by Akamai?

The Future of Life Online Challenge is an initiative by Akamai that rewards innovative companies addressing global challenges, featuring a rigorous submission process.

What did Bloomfield Robotics win in the Akamai challenge?

Bloomfield Robotics won $1 million worth of Akamai products and services to enhance its agricultural technology operations.

How will Akamai's solutions benefit Bloomfield Robotics?

Akamai's solutions will help Bloomfield Robotics improve crop monitoring and data security, accelerating deployment and enhancing operational efficiency.

What technology does Bloomfield Robotics use for crop analysis?

Bloomfield Robotics uses artificial intelligence and custom imaging hardware to automate crop inspection and analysis.

When was the press release about Akamai and Bloomfield Robotics published?

The press release was published on June 13, 2022.

Akamai Technologies Inc

NASDAQ:AKAM

AKAM Rankings

AKAM Latest News

AKAM Stock Data

12.92B
150.23M
1.84%
98.8%
5.27%
Software - Infrastructure
Services-business Services, Nec
Link
United States of America
CAMBRIDGE