NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: SAS Institute, Inc.
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

SAS and Pappas Capital Partner to Propel AgTech Startups with Analytics - Collaborative partnership will strive to advance North Carolina as a global leader in agribusiness - Pappas-Capital.com / SAS.com
SAS and Pappas Capital Partner to Propel AgTech Startups with Analytics

 

NewswireToday - /newswire/ - Cary, NC, United States, 2021/10/20 - Collaborative partnership will strive to advance North Carolina as a global leader in agribusiness - Pappas-Capital.com / SAS.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Agriculture / Aquaculture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Two North Carolina companies, analytics leader SAS and venture investment firm Pappas Capital, are joining forces to help advance the state as a global leader in agricultural technology. The state’s AgTech sector is ripe for continued growth and innovation, and technologies such as artificial intelligence, machine learning and analytics are driving innovation in digital agriculture. The collaboration between SAS and Pappas will allow select NC agriculture and food startups to gain guidance and executive leadership from Pappas and access to industry-leading analytics software, data science expertise and cloud services from SAS.

“North Carolina has an unrivaled combination of leading technology companies, a thriving entrepreneurial community, major research universities and international agriculture corporations committed to AgTech innovation,” said Paula Henderson, Executive Vice President and Chief Sales Officer for the Americas at SAS. “SAS and Pappas hope to harness this ecosystem to put the state at the forefront of solving the grand challenges of global hunger and food scarcity.”

Agriculture remains North Carolina’s leading industry and one that plays a vital role in the local, national and global economy. For instance:

• More than 100 AgTech companies in the Research Triangle alone, as well as North Carolina State University’s renowned Plant Sciences Initiative.
• $91.7 billion contributed to the state’s economy from agribusiness and agriculture in 2020.
• 4.4 million workers one in six North Carolinians employed in agricultural sectors, according to NC Chamber.

Emerging technologies and a massive increase in the amount and types of agricultural data available created opportunities in areas including crop protection, seeds and traits, precision ag, sustainability, animal health and nutrition, and indoor agriculture.

Seeding startups with analytics
SAS got its start more than 40 years ago by creating a system to analyze crop and livestock data. In 2019, the company returned to those roots by launching an AgTech business unit to help growers and agribusiness leaders turn an exploding amount of farm and agricultural data into insights that inform safe and secure food production. With investments in early-stage companies and contributions to the Southeast’s growing ecosystem, Pappas is supporting the AgTech companies that are poised to transform the agricultural industry. Karen LeVert, a Pappas venture partner, is leading an expansion of the firm’s Specialized Fund Management business, with a focus on identifying attractive investment opportunities in agricultural and other related technologies.

Through the collaboration, SAS will contribute analytics software and services to select startups, providing technical prowess the young companies would not have otherwise. The goal is to boost business success and power research breakthroughs for more North Carolina-based agricultural companies.

“Pappas and SAS offer significant potential to strengthen the state’s entrepreneur community and drive economic growth, while at the same time furthering the development of new technology-based solutions and tools to improve the health and function of plants, animals and microorganisms,” said LeVert.

Combining crop science and data science leads to breakthrough opportunities
A local startup is already seeing success with SAS analytics and funding from Pappas. Boragen, Inc., is pioneering a robust platform using the element boron to create new molecules that fight plant disease and protect crops, and that has broader applications in human health, animal health and agriculture.

Getting a new compound from the lab to the field is time-consuming and expensive, involving several phases of testing. SAS’ agricultural technology experts believe that their patent-pending breakthrough may change that. By applying SAS® artificial intelligence and machine learning technologies to agricultural chemical R&D data, researchers can better predict which products will be more effective and should be moved to the next testing phase, and which can be abandoned. The most promising products are moved into field testing quicker, shortening development time and generating greater cost savings.

“The Boragen story is an example for what we hope to accomplish for AgTech companies across the state,” said LeVert.

About Pappas Capital

Pappas Capital (pappas-capital.com) is a global venture capital and commercial development firm investing in next-generation life sciences, agriculture, and technology companies.

About SAS

SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Agriculture / Aquaculture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: SAS Institute, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Agriculture / Aquaculture articles,
CATCH Visitors via Your Competitors Announcements!


SAS and Pappas Capital Partner to Propel AgTech Startups with Analytics

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Trent Smith - SAS.com 
919-531-4726 trent.smith[.]sas.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any SAS Institute, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Agriculture / Aquaculture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From SAS Institute, Inc. / Company Profile


Read Agriculture / Aquaculture Most Recent Related Newswires:

DSM to Acquire Vestkorn Milling to Accelerate Growth in Plant-based Proteins
xarvio® FIELD MANAGER Expands Weather Station Connectivity with Integration of METOS by Pessl Instruments and Sencrop
UPL Europe Joins Leading Ag-industry Players in Supporting the Easyconnect Closed Transfer System
BASF and Vipergen Accelerate Targeted Research and Development of Sustainable Crop Protection Products
BASF Venture Capital and Amathaon Capital Acquire Minority Stake in Bioinformatics Company Computomics
BASF and TrinamiX Introduce Mobile NIR Spectroscopy Solution to the Feed Industry
BASF Digital Farming Launches Free Xarvio® SCOUTING Chatbot Service in India to Aid Farmers and Advisors
Bayer Supports Easyconnect Closed Transfer System
DSM Acquires Next-generation Eubiotics Platform Start-up
BASF Venture Capital Invests in Indian Hydroponics Pioneer UrbanKisaan
Belchim Crop Protection, FMC Corporation and Rovensa Group Support Easyconnect Closed Transfer System
Bosch and BASF Smart Farming Joint Venture Gets Global Green Light
First Vegetable Seeds Grown in BASF’s New State-of-the-art Production Facility in Ethiopia Enter the Global Market
Introducing ‘xarvio™ CONNECT’ Fast, Secure and Seamless Data Exchange with Machinery Terminals
NEC and Kagome Contribute to the Sustainability of Farming through Enhancing the CropScope Agricultural ICT Platform

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Limelon Advertising, Co.





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)