Lindsay and Blyncsy partner to
accelerate connected roadway insights powered by artificial
intelligence and machine learning
OMAHA, Neb. , March 23,
2022 /PRNewswire/ -- Lindsay Corporation (NYSE:
LNN), a leading global manufacturer and distributor of irrigation
and infrastructure equipment and technology, announces a strategic
partnership with and minority investment in Blyncsy, an emerging
leader in the utilization of artificial intelligence (AI) and
machine learning for connected roadways. The partnership will
integrate Blyncsy's Payver™ technology into Lindsay's RoadConnect™ remote roadside asset
management platform, furthering the companies' shared vision of
delivering technology solutions for government agencies and their
contractors to enable smarter, safer and more efficient
roadways.
RoadConnect offers Departments of Transportation (DOTs) a
single-source solution for monitoring and maintaining a virtually
unlimited number of roadside assets including crash cushions,
guardrails and utility poles. Early commercial results have shown
that RoadConnect help DOTs improve response times up to 90% after a
roadside asset has been impacted and can allow up to 70% reduction
in personnel exposure risk.
Payver uses AI and multiple image sources to perform real-time
detection and image-recognition, enabling remote visibility into
road conditions. Payver's machine-learning models allow for
low-cost and efficient data collection within customers'
infrastructure networks.
"In the near-term, Lindsay's
collaboration with Blyncsy will enhance our RoadConnect platform by
adding visual confirmation of an impacted roadside asset," said
Eric Fleming, vice president and
general manager of Lindsay's
industrial technology subsidiary, Elecsys. "This strategic
partnership will also support creation of exclusive features that
will continue to differentiate RoadConnect over the long term in
this emerging market," said Fleming.
"Lindsay is a leader in
bringing smarter, safer roadways to reality globally. This shared
mission and our partnership accelerates the ability to bring AI to
the forefront of digital roadways and offers our customers the
ability to improve their response time, decrease their operating
costs and accelerate the future of connected roadways," added
Mark Pittman, founder and CEO of
Blyncsy.
About Lindsay Corporation
Lindsay Corporation (NYSE: LNN) is a leading global manufacturer
and distributor of irrigation and infrastructure equipment and
technology. Established in 1955, the company has been at the
forefront of research and development of innovative solutions to
meet the food, fuel, fiber and transportation needs of the world's
rapidly growing population. The Lindsay family of irrigation brands includes
Zimmatic® center pivot and lateral move
agricultural irrigation systems, FieldNET® remote
irrigation management and scheduling technology, and industrial IoT
solutions. Also a global leader in the transportation industry,
Lindsay Transportation Solutions manufactures equipment to improve
road safety and keep traffic moving on the world's roads, bridges
and tunnels, through the Barrier Systems®, Road
Zipper® and Snoline™ brands. For more information about
Lindsay Corporation, visit www.lindsay.com.
Descriptions of expected features are for informational purposes
only. The development, release and timing of future product and
feature rollouts remain at Lindsay Corporation's sole discretion.
Any new or supplemental features, functionality and enhancements or
timing of release of such features, functionality and enhancements
are at the sole discretion of Lindsay Corporation and may be
modified without notice. All descriptions of upcoming features,
functionality and enhancements or other similar information do not
represent a commitment to deliver any material, code or
functionality and should not be relied upon in making a purchasing
decision.
RoadConnect, ImpactAlert, FieldNET, Zimmatic, Barrier Systems,
Road Zipper and Snoline are trademarks or registered trademarks of
Lindsay Corporation and/or its affiliates. Blyncsy and Payver are
trademarks of Blyncsy, Inc.
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SOURCE Lindsay Corporation