Feed supplier Neocons and IT company CodeYard have been awarded HUF 248 million in European Union and state grant money for the development of an AI-powered business and production support software, Neocons told MTI.
The aim of the development is to create an innovation-based, artificial intelligence-supported business planning and production support system that provides a digital solution for feed production, animal husbandry, and agricultural logistics operators, they said.
They wrote that as a result of the project, the consortium will create data-driven decision support software that will help lay the foundations for planning processes and organize manufacturing operations more efficiently.
According to the information sheet, the investment is scheduled for completion on January 31, 2028.
Neocons had net revenue of HUF 3.9 billion in 2024, public records show. CodeYard's revenue came to HUF 257 million.
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