Agriculture and agricultural practices have witnessed a significant turnaround in the last two decades.
With major industry players shifting to digitized ways of doing businesses, agriculture, too, has undergone a paradigm shift in ways of doing its business.
The rising advent of digital services has revolutionized corporates and is also transforming the agriculture sector, where agro players are investing massively in digital tools and technologies.
Emerging technologies are used for attaining considerably higher output and driving benefits.
The potential applications of the technologies such as IoT and AI lead to the development of smart farm machinery, irrigation systems, and general agricultural practices.
As the current demand for food is rising, agro organizations need to cultivate, process and harness the outputs of the agro products. To attain that, digital tools and technologies and automation enable organizations to drive profits and achieve higher results.
The Internet of things holds considerable potential to become a game-changer in agriculture automation, and it is already doing wonders in that field.
It is a network of physical objects called ‘things’ with network connectivity that allows these objects to collect and exchange data and interact with the environment in the most digitally driven ways.
According to recent research from Statista, the market value of the global Ag Tech market will reach USD 22.57 million by 2025.
This giving rise in the market value of Agrotech is a testimony to the surge in the digital transformation in agricultural practices.
Digitization of farming activities enables farmers to leverage the benefits of the automation of agriculture, minimized human effort, quick access to crop and soil health, and remotely monitoring crops.
Different sensors such as Ph sensor, DHT sensor, and soil sensors are deployed in the agriculture field, which uses technology to gather data on the crop periodically cost-effectively.
The benefits of Agro Tech are numerous; however, the most effective ones are the reduction in costs and improved quality of crops with a higher yield, which are discussed below;
Due to multiple fields and their management, it becomes tedious for farmers and farming organizations to track and trace the crops and monitor them.
However, agro players understand this very fact and hence leverage on automation of agriculture such as minimizing human effort, providing quick access to crop and soil health, and monitoring the crops remotely by gathering the crop data periodically.
Leveraging smart agro devices, too, provide benefits to agricultural practices. Investments are made in procuring smart devices based on IoT and driving actionable insights to maximize yield and informed decision-making.
Smart agricultural devices such as vehicles, drones, actuators, and autonomous robots help agro players track, trace, and monitor crops and fields simultaneously, driving enhanced outputs.
Data analytics tools, such as data visualization system, planning manuals, and predictive planning tools, help agro players make informed decisions based on agro devices that continuously embeds digital tools and technologies and drives growth in more ways than imagined initially.
Moreover, ERP products such as “Fox ERP for Agriculture” manage the entire agriculture business cycle with unique features that record and track the crop field’s locations, diseases of crops and plants, fertilizers, and the overall crop cycles.
With “Fox ERP for Agriculture,” agro players can analyze their crops, plants, soil, water, and weather through analytics and insights for multiple crop fields simultaneously within a few clicks.
Once implemented in the fields, such digitized practices don’t look back, provided the benefits they derive from digital transformation practices, enabling the major agro players to utilize Agrotech for farming practices.
“Fox ERP for Agriculture” is one-of-its-kind ERP software that manages all the agriculture-related activities with just one software by recording and tracking the orders and invoices along with crops and fertilizers, benefitting various agricultural stakeholders across the entire value chain.
Digital is the way to go. That’s what the COVID-19 pandemic has taught us.
The challenges that came up with the pandemic found their rescue with the digitized business practices, which helped agro-business players drive the benefits of agricultural businesses and ensured a robust digitized business environment that holds the critical requirements of the digital farming practices.
The Agrotech, with the digital tools and technology in place, will only go to flourish in the days to come.
The world has changed, and so have the ways of doing business. Since the emergence of the COVID-19 pandemic, we have seen an unprecedented shift in how organizations carry out their business processes.
It’s a world of emerging technologies, and organizations across industries are adopting them quickly. Supply chain operations, too, hold a significant share among organizations and businesses utilizing such technologies for their operations.
The times have changed, organizations have transformed their ways of doing business, and companies are shifting to an all-new digitized way of doing business.