The world population is growing to nearly 10 billion people by the middle of this century. This growth, combined with the accelerating urbanization, will require agricultural production to double. To succeed, we need smart farming solutions that combine agriculture and technology to produce healthy, fairly produced, and sustainable food, feed and fiber. The use of advanced technology in agriculture is still in a nascent stage, with most agribusinesses having been founded and funded in the past decade. Yet, it will have a catalyzing impact on the agrarian sector.
New technology in agriculture channels innovation to provide predictive capabilities that can help farmers be prepared in advance to mitigate any potential risks. Utilizing big data analytics, geo-tagging, satellite monitoring, and AI in agriculture ensure meaningful insights to stakeholders at different levels of the agri-ecosystem.
Once a farm is digitized, all its operations become traceable, quantifiable, and transparent. Data is constantly being collected across the chain, and this means that agribusinesses can assess various value and supply chain challenges. Advancements in computing capacity help process the data in minimal time, ensuring that analysis and subsequent action can be taken quickly and decisively.
Agricultural companies are increasingly leveraging this data derived from agriculture technology platforms to achieve better yields and enhanced business outcomes for both the business and for their clients. The benefits will also spill over to the retailers and consumers, who can easily verify the authenticity and quality of what they are buying and selling.
Cropin Technology, a leading global SaaS company based in Bangalore, provides world-class agriculture technology solutions to agribusinesses worldwide. Cropin enables its clients to analyze and interpret data and derive real-time actionable insights on standing crops and agri-based projects spanning geographies.
The company has digitized over 2.1 million acres of farmland, enriching the lives of 5.5 million farmers while partnering with 200+ clients.