Agribusiness, Agriculture, Veterinary Medicine, Cassava, Garri, food security, Agritech and the Red Meat Value Chain.
Wednesday, July 27, 2016
Silicon valley dives into agriculture.
The future of agriculture is technology driven with data,machines,telecommunication and drones changing the way we practice agriculture. Agriculture merging with technology referred to as Agtech is a means to ensure food security by producing enough food for the ever growing population.
Technology biased industry,investors,banks and agricultural experts are all looking at ways to produce more food with the constraints of scarce resources for farmers, land availability and old techniques in food production and old seed strains and animal breeds.
Agriculture merged with technology has introduced not only machines but improved seed varieties,breeds and technology such as biotechnology to produce more disease resistance and rapidly growing seeds and animal breeds.
The key to improved agricultural practices is the use of data alongside machines to provide high yield, within a short time and save cost.Silicon valley has seen the gap between communication and production in agriculture. The lack of reliable data coupled with advanced technological approach is responsible for losses in the field with great economic impact.
Silicon valley firms have stepped into agriculture to provide data driven analytics which not only saves time, money and labor costs but also ensures the expected harvest reaches the market on record time. The technology driven agriculture has changed the terrain in countries that have warmed up to this new approach.
Agtech involves remote sensors sending data to a digital dashboard that shows real-time analytics on soil temperature and moisture levels and sensors in collars of cattle can also notify health status.
Drones in agriculture now fly overhead capturing high-resolution thermal and visual images that show yield variation row-by-row with Phone notifications telling the farmer the optimal time to apply fertilizer, where it’s most needed, and the estimated effect on the harvest.
Everything that a farmer once was and once thought about his business has completely transformed in the last 10 years as most of the things done by labor are replaced by machines and easy predictions on harvest is a reality as much of the guesswork and instincts n farming are now replaced with data and diagrams. This trend help farmers become more efficient, productive, and profitable.
Google Ventures recently announced investments in both Granular, a company that provides farm management software, and Farmers Business Network, an online service that allows farmers to compare the effectiveness of seeds and inputs. Silicon Valley firms like Andreessen Horowitz, Khosla Ventures, and Kleiner Perkins Caufield & Byers are also embracing AgTech start-ups and increasingly looking to agriculture.
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