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Goldman Sachs is sounding (and acting) a lot more like private equity
Categories: Forest Products Industry
Copper market sees half chance of 10% US tariff by first quarter-end, Goldman says
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Chinese investors pile into Bridgewater-style funds, eyeing Trump return
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Vivendi's new 'galaxy' of companies needs more time to explain strategy, analysts and investors say
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Stock market today: Asian shares gain and bitcoin hits a record high ahead of U.S. inauguration
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Is the Stock Market Open Today? Here Are the Trading Hours for Martin Luther King Jr. Day.
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India's Wipro eyes best day in four years on echoing IT peers' demand revival hopes
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Drone Makers Looking to Steer Clear of China Fear Beijing’s Wrath
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Country Garden expects to reach terms with creditors in February, lawyer tells court
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Dollar drops, bitcoin hits all-time high before Trump inauguration
Categories: Forest Products Industry
Timbeter’s AI digital timber measurement solution
Timbeter, an AI-powered digital timber measurement solution provider, has started collaboration with Polish State Forest (PGL LP) to support the forestry operations. A project that is transforming the whole timber industry in Poland is being carried out in Regional Directorates in Piła and Poznań. Source: Timberbiz The initiative aims to integrate Timbeter’s digital measurement solutions into everyday forestry operations. The project’s goals include reducing the workload of foresters, simplifying timber measurement processes, and enhancing objectivity of results. This transition will also provide additional insights for stakeholders, from contractors to timber purchasers, enabling better decision-making and operational efficiency. The first stage of the project, which was until the end of December 2024, focused on the integration and use of Timbeter’s technology across approximately 100 forestry units within 14 districts of Piła and Poznań. This phase involved comprehensive organizational, technical, and formal preparations, ensuring readiness for the full-scale rollout scheduled for 2025. Timbeter licenses were distributed to foresters, technical support teams, and educators, facilitating the measurement of up to 700,000 cubic meters of timber during the pilot phase. Timbeter’s innovative solution utilizes AI and photo-optical technology to measure timber stacks accurately. By seamlessly integrating with the State Forests’ Leśnik+ system, the software ensures data synchronization and minimizes errors. The adoption of this technology is expected to increase measurement efficiency by 10–30% and reduce manual workload, freeing foresters to focus on higher-value tasks. The State Forests have tested photo-optical measurement methods since 2012. Timbeter was selected for its proven compatibility with existing systems and rigorous testing compliance. As a result, Timbeter was selected as a solution that meets the requirements of the Polish State Forest. “We are thrilled to collaborate with Poland’s State Forests on this transformative journey,” said Anna-Greta Tsahkna, CEO at Timbeter. “This partnership highlights our commitment to advancing sustainable and efficient forestry practices.” Timbeter is a provider of digital timber measurement solutions, leveraging innovative technologies to enhance accuracy, efficiency, and sustainability in forestry operations worldwide. The company’s software uses AI, photo-optical analysis and machine learning to measure timber quickly and precisely, offering seamless integration with existing forestry management systems. Timbeter serves a diverse global client base, including state forestry organizations, private timber companies, and NGOs in more than 30 countries.
Categories: Forest Products Industry
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