With every industry undergoing digital transformation, agriculture industry is no exception. The efforts, however, remain segmented and small-scale until now. As business leaders and stakeholders in agriculture realize the potential of digital technologies in agriculture, we’re witnessing increasing adoption of tehcnology in overcoming a number of challenges. From digital farming solutions to supply chain management in agriculture and customer analytics, the value chain is on its way to become more efficient, productive, and resilient. This report discusses the transformation across each segment in detail and presents how digital agrciulture is the present and the future.
[x]cube LABS, in collaboration with Grand Farm, launched this report, which aims to give the readers a comprehensive view of the industry and offer insights that can enable them to build a more resilient, efficient, and sustainable agriculture ecosystem powered by digital technologies.
The report addresses critical challenges and threats in agriculture and examines how stakeholders globally are leveraging digital technologies to overcome them, giving rise to an all-new domain called agritech. The report also includes insights from our annual survey, “The Future of Agriculture Survey 2023” that provide a clearer understanding of the challenges faced by key stakeholders in agriculture, how they plan to overcome them, what impedes their adoption of digital tech, and the direction in which the agritech industry is headed. The report extensively covers challenges and solutions from the perspective of each value chain stakeholder as well as their collective impact on an agribusiness as a whole.
The report also includes insights from industry experts in the agriculture community, and further covers a high-level overview of key companies and startups leveraging digital technologies to highlight how the agriculture industry is being redefined.
Latest trends in agriculture
Everything you need to know about the current state of agriculture industry, market size, growth, economic impact, opportunities and threats
Challenges facing agriculture and how stakeholders are overcoming them
From supply chain challenges to changing consumer preferences, find out about the challenges in agriculture and how stakeholders are tackling them
The scope of digital technologies in agriculture
The market size of different technologies in agriculture, challenges in implementing them and the potential use cases of each- your all in one resource for new technology adoption in agriculture
Insights from the future of agriculture survey 2023
Find out the challenges faced by key stakeholders in agriculture, what impedes their adoption of digital technologies, and how digital transformation in agriculture should be approached
Transforming the agriculture value chain with digital technologies
Know more about things to consider at each stage of value chain, decision to make, challenges faced and agritech approach best suited for each segment
The future of agriculture from industry leaders’ perspective
Leading experts from agriculture industry share their insights on specific challenges, how they approach digital transformation in agriculture and what the future of agritech looks like
Top companies and startups leveraging digital technologies in agriculture
Leading companies such as BASF, Syngenta, FMC, Yara, Advanta, and more are setting benchmarks high with their innovative adoption of digital technologies, find out how
Learnings from top companies and startups
What can be learnt from top companies and startups in agriculture to navigate the digital transformation journey seamlessly- the report answers that in detail
Best digital agriculture use cases to implement
Learn from the experience and results of the best use cases of digital technology adoption in agriculture and how they can help solve real-life agricultural challenges across different value chain segments
Model farm vision for digital farming enthusiasts
Take a look at what an envisioned, ideal, model farm powered by digital technologies could look like at each phase of the farming process
And a lot more!
Thinking about what technologies like IoT, Blockchain, Big Data, AI & ML, and more can do for your agriculture business? No matter what segment of the agriculture value chain you are a part of, emerging technologies can help you transform your business and achieve efficiency, productivity, and profitability.
This guide provides information on how each digital technology can be applied across different areas in agriculture. Some of them include
Robotics & Automation in agriculture
From harvesting and picking to fertilization and irrigation, robotics and automation can significantly help in overcoming labor shortages and saving resources.
Big Data, AI and ML in agriculture
By combining AI with big data, farmers can get better insights and recommendations based on real-time information. This enables more precise farming practices such as irrigation, fertilizing, crop protection, harvesting, and more.
Drones & Satellites in agriculture
Drones can be used to monitor crops and identify crops disease based on AI-imaging. Drones can also be deployed for irrigation and fertilization purpose in large farms where there is labor shortage.
IoT & Sensors in agriculture
IoT can be used in monitoring climatic conditions, livestock health, crop monitoring and more, to begin with. Coupled with advanced analytics platforms, IoT powered sensors can serve as the source of data that helps in making informed decisions that are far faster, as well as more automated.
Blockchain in agriculture
Blockchain combined with IoT can help track food source and origin while keeping information secure and tamperproof. It can also be used to secure cross-border transactions, thereby creating more transparency and trust.
Cloud Computing in agriculture
Based on historical data, cloud computing can provide centralized and real-time information to all stakeholders in the value chain, help farmers make decisions on what to grow next and so on
Mobile apps in agriculture
Mobile apps can be used as a knowledge repository for farmers, online platform to buy and sell supplies and produce, by stakeholders to track inventory, transits and more
Hear from the Industry Experts
Resilient and sustainable food systems, that ensure food and nutrition security and stable livelihoods and incomes today and in the future, are the common goals of research institutes, government, and industry. It is possible only if all work in unison. In this context, the launch of this report by [x]cube LABS and Grand Farm is timely, and creates an excellent opportunity for multiple stakeholders across the agriculture value web to initiate dialog and work towards addressing critical problems in a collaborative manner.
Dr Jacqueline Hughes
Director General, ICRISAT
This report provides agriculture stakeholders throughout the world a great overview of the pressing modern and future challenges facing agriculture, the emerging technology segments within agriculture technology, and examples of companies working to change the world of agriculture. Of note is both the agriculture technology framework that has been articulated in this report and the survey data that has been collected from both farmers and innovators on the state of the agriculture technology industry. This information provides a great primer for novices and veterans alike within the agriculture industry.
Dr. Bill Wilson
Professor, North Dakota State University
Product Patent, Strategy and Data Analytics
Senior Manager, Technology and Innovation
Truterra at Land O'Lakes, Inc.
Senior Manager, Strategy & Market Development
Truterra at Land O'Lakes, Inc.
Director of Sustainability
President & CEO
Agriculture Supply Lead
Yard Stick PBC
Launched on July 15th at the Cultivate Conference 2021, Broadway, Fargo, ND
The report will be launched in collaboration with GrandFarm on July 15th, 2021 at the Cultivate Conference. The Cultivate Conference is an event focused on emerging technologies in agriculture and features attendees from leading agri-tech firms and research institutes. The conference features short talks, breakout sessions, and a farmers’ panel focusing on emerging technologies in agriculture. Throughout the event, speakers will share their experiences, developments, and challenges on a wide array of topics related to agritech including software applications, precision agriculture, drones, alternative farming methods, and more.
[x]cube LABS is a leading digital transformation company working across diverse industries, including agriculture. [x]cube LABS has helped agriculture stakeholders worldwide with digital solutions that resolve the critical bottlenecks and develop innovative digital products to transform customer engagement and business operations. Located in the US, Europe and Asia, [x]cube LABS has worked with more than 30 Fortune 2000 companies and has developed a reputation as a high-quality partner for building digital centers of excellence, customer experience transformation and IoT implementations. For more information, visit: https://xcubelabs.com