Idaho Patent of the Month – January 2023
Acuitus Ag is a revolutionary platform that provides a comprehensive solution to the inefficiencies present in the farming process. The platform, developed by the innovative minds at Acuitus Ag, is designed to provide farm managers with real-time monitoring and management of their agricultural operations.The company is focused on developing the technology needed so that farmers can make decisions with information rather than intuition – all in a real-time basis.
The platform, which has recently been patented, is equipped with cutting-edge technology that enables it to accurately track the progress of ongoing agricultural operations, solving the technological problems that have created inefficiencies in a farm’s operations.
The platform addresses several operational inefficiencies such as lack of coordination between different operators and difficulty in tracking assets, which can have a significant impact on production efficiency, overall production, and costs. The platform provides a centralized view of all the operations, allowing farm managers to monitor the progress of all the activities in real-time, without the need to travel to multiple work sites for visual inspection.
One of the key features of the Acuitus Ag platform is the use of GPS data to accurately track the movements of vehicles, allowing farm managers to monitor the progress of the operation, and make any necessary changes to meet time demands and increase operational efficiencies. The platform uses advanced algorithms to accurately characterize tractor movements, providing an accurate representation of operational progress.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.