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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Microsoft Corporation    MSFT

MICROSOFT CORPORATION

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Microsoft : This Slovak startup is using AI and drones to help preserve natural water cycles

04/19/2019 | 09:33am EST

Working on their model for more than three decades, Rain for Climate founder Michal Kravčík has gathered scientists, ecologists, hydrologists, entrepreneurs and government agencies around him to create a plan to restore climate stability:

'The research we've been working on for years has shown that climate change is not just about high greenhouse gas production, but especially about desertification - the planet's drying out. According to the analyses, we have about five years to act, otherwise the ecosystem will be irreversibly damaged,' says Vlado Zaujec , CEO and co-founder of Rain for Climate.

When AI meets nature
Rain for Climate's unique solution involves gathering territorial data with drones, which can provide perspective and information faster and more accurately than standard ground-level analysis. This data can then be used to create a personalised report for each customer, based on the needs of their land, providing bespoke technical solutions from a catalogue of over 5,000 different possible measures and actions.

As a Microsoft AI for Earth grant winner, the company has been given free Azure credits to help power and develop an AI solution to more accurately analyse drone data, at a faster rate. Currently in an internal testing phase, the solution also makes use of machine learning, allowing the AI to also improve with time, teaching itself to spot patterns and make connections across its ever-growing data pool.

'We get a lot of data from the drones, which we can quickly analyse thanks to artificial intelligence and machine learning, made possible by our Microsoft grant,' says Vlado Zaujec. 'Based on the evaluation, experts can then prepare a water retention project, where they select different technical solutions from a catalogue of more than 5000 measures. The type of solution, size, location and materials used reflect the uniqueness of each territory.'

As with all environmental projects, Rain for Climate's goal is seen by its founder as a long-distance endeavour. The AI-powered solution that the company is working on is an evolution in its journey towards its ultimate goal of restoring water to its natural balance in affected areas, as quickly, and as efficiently as possible. Thanks to technology and innovative companies like Rain for Climate, we look forward to seeing more innovative solutions that will help conserve our planet.

Disclaimer

Microsoft Corporation published this content on 19 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 April 2019 13:32:09 UTC


© Publicnow 2019
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Financials (USD)
Sales 2021 158 B - -
Net income 2021 51 344 M - -
Net cash 2021 76 102 M - -
P/E ratio 2021 32,0x
Yield 2021 1,01%
Capitalization 1 635 B 1 635 B -
EV / Sales 2021 9,86x
EV / Sales 2022 8,81x
Nbr of Employees 163 000
Free-Float 99,9%
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Mean consensus BUY
Number of Analysts 39
Average target price 242,47 $
Last Close Price 216,21 $
Spread / Highest target 28,6%
Spread / Average Target 12,1%
Spread / Lowest Target -16,7%
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NameTitle
Satya Nadella Chief Executive Officer & Non-Independent Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Kirk Koenigsbauer COO & VP-Experiences & Devices Group
Amy E. Hood Chief Financial Officer & Executive Vice President
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