BioVoice News eMag March & April 2024 | Page 55

Smart Farming : Integrating IoT and Analytics for Precision Agriculture

The integration of IoT and analytics in smart farming , coupled with satellite technology , is shaping the future of agriculture

Agriculture has undergone a radical transformation over the past five decades , led by advances in machinery , seeds , irrigation , and fertilizers . Now , the industry is on the cusp of another revolution , with data and connectivity playing a pivotal role . The integration of artificial intelligence , analytics , and IoT ( Internet of Things ) technologies holds the promise of increasing yields , optimizing resource usage , and fostering sustainability in both crop cultivation and animal husbandry .

The Digital Agriculture Landscape
In the face of a growing global population and constraints in land and farming inputs , the agriculture sector is embracing digital transformation . Connectivity is at the core of this shift , with the potential to add $ 500 billion in value to the global GDP by 2030 , offering a 7 to 9 percent improvement over expectations , as detailed in a report by the McKinsey Center for Advanced Connectivity and the McKinsey Global Institute . This connected agriculture is part of a broader trend across industries , contributing $ 2 trillion to $ 3 trillion in additional value to global GDP over the next decade .
As per the United Nations , the need for increased food production is pressing , with the world ' s population projected to reach 9.7 billion by 2050 , requiring a 70 percent increase in calories available for consumption . At the same time , environmental and social pressures , including climate change and demands for ethical and

AgriTech

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