Peach blossoms. Trials in peach orchards in Spain showed the AI system was 90 per cent accurate in its estimates of the number of flowers. National Robotarium / PA
Peach blossoms. Trials in peach orchards in Spain showed the AI system was 90 per cent accurate in its estimates of the number of flowers. National Robotarium / PA
Peach blossoms. Trials in peach orchards in Spain showed the AI system was 90 per cent accurate in its estimates of the number of flowers. National Robotarium / PA
Peach blossoms. Trials in peach orchards in Spain showed the AI system was 90 per cent accurate in its estimates of the number of flowers. National Robotarium / PA

New AI tool predicts harvest time six months before crop is ready


Soraya Ebrahimi
  • English
  • Arabic

A new artificial intelligence (AI) system can be used to predict crop yields up to six months before harvest, researchers say.

The tool counts flowers on fruit trees, which could help farmers to boost crop yields and improve their allocation of resources such as water and labour, and plan harvests and distribution.

The system, developed by researchers at the National Robotarium in Edinburgh, can accurately estimate the number of flowers on fruit trees from photos taken by a standard smartphone.

It recognises patterns and features, such as the edges and shapes of petals.

Trials in peach orchards in Spain showed the system was 90 per cent accurate in its estimates of the number of flowers, compared with counts done manually, which the researchers say have error rates of between 30 and 50 per cent.

“In countries all across the world, farmers often rely on manual methods to estimate their yields, which can have a significant error margin," said Fernando Auat Cheein, associate professor in autonomous systems at the National Robotarium.

“By leveraging the power of AI and the convenience of off-the-shelf technology like smartphones, our approach seamlessly integrates with traditional farming practices, making it easier for growers to embrace and benefit from innovative solutions without overhauling their existing methods.”

Fernando Auat Cheein, associate professor in robotics and autonomous systems at the National Robotarium in Edinburgh, Scotland. National Robotarium / PA
Fernando Auat Cheein, associate professor in robotics and autonomous systems at the National Robotarium in Edinburgh, Scotland. National Robotarium / PA

Mr Cheein said that during the trial in Spain, farmers “appreciated the simplicity and accuracy of the flower-counting AI and its potential to help them make more informed decisions about crop management, such as targeted pruning and herbicide application.”

“By focusing their efforts on areas of the farm that are expected to yield the most fruit, farmers can optimise resources, reduce their environmental footprint, and maximise both the quantity and quality of their harvest," he said.

The researchers will next compare the AI’s predictions with the actual peach harvest in September 2024.

If these turn out to be effective, they believe the approach could be adapted for crops such as apples, pears and cherries, benefitting fruit growers in Britain, Europe and beyond.

Peaches on trees. Researchers at the National Robotarium in Edinburgh have developed a new AI system that can count flowers on fruit trees. National Robotarium / PA
Peaches on trees. Researchers at the National Robotarium in Edinburgh have developed a new AI system that can count flowers on fruit trees. National Robotarium / PA

According to the researchers, agriculture uses about 65 per cent of the world’s fresh water, almost half of which is wasted, while each year about 45 per cent of fruit and vegetables produced for human consumption are lost or wasted.

The research project has been developed by academics and researchers from the National Robotarium, and the Federico Santa Maria Technical University and Universidad Andres Bello in Chile.

The National Robotarium is the UK’s centre for robotics and AI, and is part of the Data-Driven Innovation initiative, supported by £21 million ($26.6 million) from the UK government and £1.4 million from the Scottish government.

Its researchers collaborate with industry partners to develop solutions to the most pressing challenges facing the agriculture sector, from improving crop yields and quality to reducing environmental impact and enhancing sustainability.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Updated: June 20, 2024, 11:39 AM