Big Data is Transforming the Farming Industry
The agriculture industry is changing. Much of the change is driven by new technological developments. In a recent article for Future Farming, Ofir Schlam examines the ways that data analytics is having an impact on the farming industry.
Schlam explores how data analytics is enabling farmers to:
- Increase productivity and innovation – Using new data analytics, farmers can improve their productivity and find innovative new solutions to help meet surging global demand. Helpful technology in this area includes soil sensors, GPS-equipped tractors, and other precision agriculture tools.
- Manage environmental challenges – Changing climate conditions have a huge impact on agricultural productivity. Precision farming tools use data analytics to monitor both crop health and weather changes.
- Save money and explore new business opportunities – Studies show that smart farming practices are expected to produce enormous cost savings. These savings can allow for farmers to pursue a variety of new business opportunities.
- Manage supply chains more efficiently – Data analytics has enormous bearing when it comes to the agricultural supply chain. By collecting data and analyzing it, farmers can develop actionable insights that have a big positive impact on their operations.
For more details, read the article in full at Future Farming.