Seafood Decision Intelligence
Real-time market information, analysis, and insights to help the fishing and seafood industry make data-driven decisions
Cod
425 ISK/kg
+2.1%
Haddock
380 ISK/kg
+1.5%
Redfish
380 ISK/kg
+1.5%
Shrimp
1,150 ISK/kg
+3.2%
Cod
425 ISK/kg
+2.1%
Haddock
380 ISK/kg
+1.5%
Redfish
380 ISK/kg
+1.5%
Shrimp
1,150 ISK/kg
+3.2%
Real-time market insights
Leverage real-time data and analytics to make better decisions that drive profitability
AI IN ACTION
How MAGNEA's AI predicts fish prices
Our advanced machine learning algorithm processes a wide range of data sources to provide accurate price forecasts
Data collection
We collect historical price data, market trend data, and external factors such as weather and seasonal fluctuations
Data processing
We clean and standardize data to ensure high-quality information. Raw data is transformed into a format optimized for machine learning.
Artificial Intelligence Analysis
Our machine learning models analyze patterns and correlations, and learn from historical trends to predict future prices
Price Forecasts
We create accurate price forecasts with margins of error, achieving up to 83% accuracy in real-world conditions
Practical insights
We provide real-time recommendations to help you optimize pricing and increase revenue
EXTERNAL INFLUENCING FACTORS
Weather, wind, and vessel traffic
A real-time view of weather and conditions in the fishing grounds around Iceland
Wind Map
Shipping traffic
MARKET FORECASTS AND ANALYSIS
Advanced analytics and forecasts
Our machine learning algorithms analyze market trends, supply chain, and environmental factors to provide accurate price forecasts and market insights
Real-time price monitoring in all major markets
AI-powered predictive analytics
Supply chain visibility and risk assessment
Custom reports and dashboards
SUPPORTED BY LEADING PARTNERS
Strong backing
MAGNEA has received grants from Rannís, the Technology Development Fund, and the Food Fund for technological development in the fisheries sector
