“Data is the new Oil”. This was not the initial celebration when we heard this expression. We heard it from the insurance, production and also the medical care market leaders. But remarkably in the recent times the futuristic big data technology, is a topic widely reviewed in among the oldest and standard sectors – the Agricultural Sector.
So why exists much talk as well as more notably huge financial investments as well as procurements happening in the Big Data analytics room within the farming organization? Why suddenly farming effectiveness is emphasized like never before as well as yield-per-acre is one of the most examined metric in business?
Surprisingly, answers to these collection of “Why” queries can be linked to another huge and also vibrant inquiry that stands prior to us, that is “” How to feed the raising populace by 2050?”
Currently the world populace goes to 7.2 billion as well as the extra 2 billion is a large number. Think of including 2 more smilefarm.co.th countries of the dimension of India (world’s 2nd most heavily populated country) in the food demand basket!
Also, if we compare the UN World populace approximates with the Per head Arable land numbers supplied by Globe Bank, we would be able to recognize the gravity of the scenario. We require to generate and also supply food to the 9 billion from even lesser land as well as reducing water assets in the following 35 years. The population rise places immense stress on the Ag-industry at various measurements. To handle this difficulty, the USDA (United States Dept. of Farming), estimates that the farm efficiency, gauged in yield-per-acre, requires to boost by an incredible 60% from today numbers.
“Mankind was born on Planet. It was never implied to die here”! The well known film quote from Interstellar motivates us of the truth that each time the human race has faced with real dilemma, we have actually stood and come up with amazing innovations to deal with the circumstance. So, allow us have a peek at the history of agriculture and also see how the Ag industry has actually taken on comparable difficulties in the past utilizing innovation and also took the ranch efficiency to the next degree.
As we understand, with every brand-new development at each stage, the efficiency degrees improved exponentially. Because a large portion of us understand the tale of farming till the biotechnology era, let us focus on the most current developments i.e. Precision agriculture and also Big Information.
Accuracy farming in many straightforward terms is the application of precise and precise quantities of inputs like, fertilizer, chemical as well as, water at the right time to the harvest for increasing its efficiency and also optimizing its yields. The GPS innovation increased the fostering as well as use of precision farming as it permits in-depth and also exact mapping of the farms. Together with the General Practitioner as well as the Decision Support systems set up in his computer, the farmer obtains details concerning the standing of his harvest and also which component of the farm calls for inputs such as pesticide or plant food.