Frontier IP Group PLC (LON:FIPP), a specialist in commercialising intellectual property, has revealed that its portfolio company, Celerum Limited has been sub-contracted to support software development for Aberdeen-based marine logistics firm, PlanSea Solutions Limited
The company noted that the work builds on approaches proven in a number of projects undertaken by Celerum founder Professor John McCall, former Head of the School of Computing, Science and Digital Media at RGU who has more than 25 years of research experience in nature-inspired computing (NIC) which looks to develop new software and AI algorithms based on natural processes and behaviours.
READ: Frontier IP rises as portfolio firm Fieldwork Robotics inks deal with Bosch to accelerate development of harvesting robots
The technology also has the potential to tackle a host of other complex scientific, engineering and industrial challenges, including applications developed for the transport and the telecommunications sector.
Other examples of NIC include particle swarm optimisation, based on how birds and fish behave in flocks and schools, and genetic algorithms, software techniques based on natural selection and evolutionary genetics.
In a statement, PlanSea co-founder and CEO Jim Cargill commented: "Innovation and new technology has a key part to play in the next chapter of our industry's future. We are looking forward to working with Celerum as one of our key service providers to deliver this important project for the sector."
Frontier IP chief executive officer Neil Crabb said: "Industry engagement is a vital part of how we work with our portfolio companies, so we are delighted Celerum is involved in this important partnership with PlanSea."
Frontier IP holds a 33.8% equity stake in Celerum.