Singapore Exchange Mainboard
listed Sarine Technologies Ltd
(“Sarine” or “the Group”)
(U77:SI), a worldwide leader in the
development, manufacturing ,
marketing and sale of precision
technology products for the
evaluation, planning, processing,
measurement and grading of
diamonds and gems, is pleased to
announce that it is working with
Tiffany & Co. (“Tiffany”) to adapt its
automated artificial intelligence (AI)
based grading technology to Tiffany’s
stringent grading guidelines and
criteria.
The aim to perfect the way diamonds
are graded and to ensure consistent
and accurate grading is a key element
in securing consumers’ trust in
diamonds. Over the past few years
Sarine has invested significant R&D
efforts and has been at the forefront of
this quest, employing computer
vision, advanced software algorithms,
machine learning and artificial
intelligence to realise technologybased
AI-driven objective grading.
S a r i n e ’s a u t o m a t e d g r a d i n g
technology substantially removes
subjective human error and bias from
the grading process, thus enabling a
new level of accuracy, reliability and
consistency.
Sarine and Tiffany will now be
working closely together to further
develop and adapt Sarine's solution to
meet Tiffany's discriminating grading
standards for Color and Clarity.
Sarine's automated grading
technology, introduced in early 2018,
was developed to be 'GIA compatible',
meaning the basis for the machine
learning and grading was the GIA
grading system. Tiffany's stringent
grading standards pose additional
challenges, which require further
refinement to adapt the paradigm to
Tiffany's requirements.
Andy Hart, Tiffany’s Senior Vice
President of Manufacturing ,
Diamonds & Gemstones, said, “The
anticipated advances in grading
technology by Sarine will enable the
Tiffany Gemological Laboratory’s
graders to continually employ the best
technology available in the industry to
objectively, consistently and
efficiently measure and uphold our
demanding grading standards for
Tiffany diamonds.”
David Block, CEO of Sarine
Technologies, said, "We are excited to
be working again with Tiffany, one of
the leading polishing and retailing organisations in our industry.
Adapting our technology-based
grading to meet Tiffany’s rigorous
grading standards is a non-trivial task,
requiring a dedicated team of
gemmologists, scientists and
engineers to push the technological
envelope even further.”