Sarine gaze ahead of the 2020
In the recently announced Annual Report 2019, Daniel Benjamin Glinert, Executive Chairman, Sarine Technologies Ltd expressed the outlook 2020:
The Upstream Sector:
As responsible sourcing gains importance amongst high-end retailers catering to concerned consumers, our Sarine Diamond Journey solution garnishes more attention. We intend to broaden our cooperation with key producers already in various stages of assessing our provenance solution.
We believe that our streamlined solution, as explained above, will empower us to become a significant player in this evolving market. In addition, we expect to expand the benefits realised by Lucara and Alrosa in their respective Clara and digital tender initiatives to additional categories of stones and to additional producers.
There are additional issues of concern to miners, in which we believe we can provide added value, and which are currently being explored with interested parties.
The Midstream Sector:
A new configuration of our mobile tender rough diamond evaluation system DiaMobile XXL was launched in Q1 2020. It can handle stones up to 37mm (instead of 32mm) – as large as 260 carats in weight (previously the system's limit was around 150 carats).
We will continue to leverage our technological lead and widen the gap between the older Advisor® planning releases, utilised by our illicit competition, and our newer versions. The new Advisor® 8.0, including tension mapping and its utilisation, is scheduled for launch in Q2 2020.
Most importantly, we have announced our intent to revolutionise the way polished diamond grading is done. By enhancing our technology based AI-derived 4Cs grading with additional functionality for process control and intra-process verification, we intend to implement a completely new grading paradigm we have named e-Grading.
We will implement a time-saving cost-cutting in-house solution for the 4Cs grading of most polished diamonds, without necessitating the time-consuming and costly process of going offsite to a gemmological laboratory (hence the “e-Grading™” term, just like e-Learning is from the comfort of your home). We aim to execute initial beta-testing of this innovative industry-changing solution in the second half of 2020.
The Downstream Sector:
In 2020 we will continue refining the Sarine Clarity and Sarine Color AI-based grading capabilities, our Sarine Diamond Journey and related (e.g., fingerprinting) capabilities. We are also continuing our longer-term effort to be able to provide advanced fine-sorting of Clarity per varied retailer-specific requirements.
We will continue working with high-end global brands on the adaptation of our technologies to their requirements, whether that be the adaptation of our AI-derived grading to Tiffany & Co.'s or leading Chinese grading lab NGTC's grading criteria, or other retail brands sourcing traceability or marketing paradigms.
