From the factory to the field: AgTech comes of age

With the world’s population on track to reach 9.7 billion people by 2050, farmers will need to grow twice the amount of food they do today to avoid scarcity issues and social disruption. Agriculture technology or “AgTech” will play a pivotal role in alleviating the building pressure on farmers to produce more by providing improved control and real-time data insights of farming operations for more efficient management of crops, resources, and livestock.

A product of the Industrial Internet of Things (IIoT), AgTech refers to the use of connected technology in agriculture, horticulture, and aquaculture. It empowers farmers to operate “smarter,” leading to higher revenues, lower costs, and increased margins. Like the IIoT, AgTech seeks to do more with less in leveraging a cross-section of networked devices to uncover ways to boost productivity without burdening already overtaxed natural resources.

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