Aimbe LAB Inc. (CEO Byung-soo Go) attended ‘SWITCH 2022 (The Singapore Week of Innovation and Technology 2022)’, the global startup exhibition held in Singapore Resort World Convention Center between October 25th(Tues) and 28th (Fri).
Aimbe LAB is a company that leads the digital transformation of the entire value chain of the livestock industry based on ‘Feedtech’ technology and provides overall livestock feed management and data platforms to farms and feed companies.
‘Myfeed’, which will be introduced at the exhibition, is a solution for the entire process of feed measurement, management, logistics, and shipping, and maximizes the efficiency of feed management for livestock farms and feed companies. It measures the amount remaining in the feed bin, consumption pattern, and condition through ‘Feed Manager’, a feed measurement IoT device, and shows it in real-time through the ‘Myfeed’ app. It is capable of monitoring the temperature and humidity inside the feed bin in real-time and can check the rate and pattern of feed consumption by keeping track of the amount of feed consumed. The user is alerted through the app when the feed is mostly consumed, shows sign of spoilage, or if the lid isn’t properly shut, enabling them to quickly take measures.
Feed companies are able to optimize the management of raw materials, inventory, logistics, and shipping by monitoring trading farms in real-time through ERP. All data accumulated through Aimbe LAB’s solution is linked to public data and processed into meaningful data based on AI and machine learning technology.
A spokesman for Aimbe LAB said that, “Our ‘Myfeed’ solution is provided at a ¼ of the cost compared to products of other companies, enabling it to be adopted at an affordable cost. In addition, we took farms and feed companies, which are sensitive to the spread of infection diseases through the entry of outsiders, into consideration to provide a service that can be installed by oneself within 10 minutes.”
They went to explain, “Feed companies can cut the number of deliveries by 30% through the Myfeed platform, and subsequently reduce CO2 emissions. Livestock farms can adopt the product at an optimal price and optimize their feed management.”
Having its 7th iteration this year, ‘SWITCH 2022’ is global startup exhibition hosted by Enterprise Singapore, a public institution under the Singapore Ministry of Trade and Industry. The 20 Korea startups that are attending ‘SWITCH 2022’ were selected by 2 organizations in KISED and Singapore’s KSC Center (KISED 10, KSC Center 10). Between October 25th to the 28th, the attending startups will be in the main event, where they will take part in programs like operating the K-STARTUP demo booth, K-STARTUP demo day, investors meeting, networking event, and pitching contest.
