Origin Enterprises Plc Strategic Research Partnership (4912R)
12 December 2016 - 8:00PM
UK Regulatory
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RNS Number : 4912R
Origin Enterprises Plc
12 December 2016
Origin Enterprises plc
Origin Announces EUR17.6m Strategic Research Partnership with
University College Dublin
Science Foundation Ireland supports new partnership between
Origin and UCD
12 December 2016
Origin Enterprises plc, the Agri-Services Group ('Origin' or the
'Group'), and University College Dublin ('UCD') are pleased to
announce the establishment of a dedicated digital, precision
agriculture and crop science collaborative research partnership
supported by Science Foundation Ireland ('SFI'). The five year
development programme underpinning the research partnership will be
financed by a EUR17.6m investment which is co-funded by Origin and
SFI.
The collaboration encompasses a strong multi and
inter-disciplinary approach, combining the leading expertise of UCD
in data science and agricultural science with Origin's integrated
crop management research, systems capabilities and extensive
on-farm knowledge exchange networks.
The aim of the programme is to build digitally based and user
driven advisory tools that provide rapid and localised decision
support for agronomists and farmers. A cornerstone of the
development will be the creation of a scalable crop intelligence
platform, which will incorporate consistent and real time data
analytical approaches to optimise sustainable crop performance.
Commenting on the announcement, Origin's Chief Executive
Officer, Tom O'Mahony said:
"We are delighted to join forces and collaborate with UCD, a
world-leading academic institution in agricultural science with
excellent credentials in multi-disciplinary research. We are
particularly pleased with the support of Science Foundation Ireland
under its Strategic Partnership Programme, the aim of which is to
foster and develop partnerships of scale.
The collaboration provides Origin with a development platform
which accesses the very substantial intellectual capacity, advanced
data analytics, sensing technologies and modelling resources of
UCD. The merging of conventional crop science and agronomic
application with digital technology and prescriptive data analytics
will enhance Origin's knowledge-intensive offering along with
improving the capacity to scale our service."
Professor Orla Feely, UCD Vice-President for Research,
Innovation and Impact, said:
"This is a very exciting research partnership announced today
between Origin and UCD, which will put Irish research at the
forefront of new and innovative approaches for future farming
systems. The multi-disciplinary research teams at UCD will use our
research expertise in data science and agriculture, together with
Origin's industry experts, to address the issue of crop
sustainability, a major global food security challenge." She added:
"Today's announcement demonstrates our strategy of building a
portfolio of strategic and mutually beneficial partnerships with
industry which can deliver impact to the economy and society in
Ireland and globally."
Professor Mark Ferguson, Director General of Science Foundation
Ireland and Chief Scientific Adviser to the Government of Ireland,
welcomed the announcement saying:
"The SFI Strategic Partnership Programme supports unique
research partnerships with strong potential for impact on the Irish
economy. Investing in research that enhances the agri-food industry
while protecting our natural resources is vital for Ireland's
future. Science Foundation Ireland is delighted to support this
partnership between UCD and Origin. Combining the resources and
expertise from these organisations will secure Ireland's
international position in the field of data-driven agriculture. The
proposed integrated crop model will have global implications in the
sustainable production of crops, addressing the challenge of food
production for a rapidly expanding global population."
ENDS
Enquiries:
Imelda Hurley +353 (0)1 563 4959
Chief Financial Officer
Origin Enterprises plc
About Origin Enterprises plc
Origin Enterprises plc is a focused Agri-Services group
providing on-farm agronomy advice and the supply of crop
technologies and inputs. The Agri-Services business through its
manufacturing and distribution operations in Ireland, the United
Kingdom, Poland, Ukraine and Romania has leading market positions
in the provision of specialist agronomy services, crop
technologies, inputs and feed ingredients. Origin is listed on the
ESM and AIM markets of the Irish and London Stock Exchanges.
ESM ticker symbol: OIZ
AIM ticker symbol: OGN
Website: www.originenterprises.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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