IoT provides best growing crop solutions, but is still too expensive for the farmers

The new IoT solutions in the agriculture industry provide some of the best and most efficient results and solutions for growing crops. However, new reports suggest that the implementation of such new and innovative IoT solutions may be hindered, because of the high service costs.

Just some of the benefits delivered by the implementation of IoT in agriculture are the more organic and efficient pest control, dealing with water shortages, as well as reductions in the amount of water, soil and seeds needed, as well as delivering better yield rates. However, there is still a slow adoption of the new technology. According to reports, one of the main concerns of farmers is that they are not able to save enough so that their savings constitute for the extremely high price of the implementation of IoT systems and their service costs.

The high cost of IoT services hindering the implementation of new solutions can be seen in other industries. For example, retailers have had the chance to choose from a huge array of IoT startups that help them by delivering extremely detailed data analytics on shopper behaviour. However, most retailers have skipped using such services, due to the fact that the costs of such services does not outweigh the added revenue per customer these retailers receive.

There are a few up and coming suppliers of IoT services in the Agricultural industry. One of the most notable ones is OnFarm Systems that provide users with their Grower Dasboard, which is basically a platform that lets farmers use and manage farm sensors, monitor cloud and water irrigation, temperature, view analytics and schedule different tasks. On top of all these features, OnFarm have integrated SMS alerts, weather data, storage and backup, messaging service as well as maps. Everything costs only $100 per year for one user. While on the surface the price seems relatively affordable and cheap, OnFarm has some severe limitations. For example, without an additional payment a user would be limited to only three data streams for only one property. If one would like to receive more information, they would have to pay as much as $500 per year, that gives unlimited integrated data, acres and data feeds. However, the user would also have to pay an additional $100 for every virtual weather station that a user will purchase, which adds up to the cost quite a lot.

The Hard Decision Making of Tech Investments in the Agriculture Industry

While companies are starting to invest in the development of new technologies in the Agriculture Industry, with some reports even showing Agriculture as the top IoT investment industry, things are not looking great for the farmers. The aforementioned OnFarm system is relatively affordable compared to other products on the market. For example, Phytech costs as much as $500 per acre. According to some studies, the use of technologies, such as Phytech, are able to reduce the water usage as much as 10 percent in two weeks, but farmers don’t believe that the reduction is enough in order to cover the cost. As the agriculture industry is not seeing large profits, the IoT service provides should start lowering the costs of their services. The state of the industry does allow new IoT startups to enter the market, which is great, but only time will tell if farmers will start using the new emerging technologies more tha

Farms in Africa are Getting Smarter Thanks to New Internet of Things Solutions

An innovative technology that is predicted to revolutionize almost every aspect of our lives, the Internet of Things is said to change anything from security and entertainment, to health, education, business, governance and even agriculture. While it is in its early stages of development and adoption we are starting to see the global shift. From the smart thermostats in our home that are connected to our smart appliances and more, to new analytical sensors that help farmers solve almost any problem in that the Agriculture industry is facing today. The IoT technology has even proven to be able to raise the levels of food production in the sub-Sahara region, where as much as 95 percent of arable land relies on rainfall-fed agriculture. While there were numerous climate shocks throughout the past couple of years, IoT may prove reliable enough to be able to help people change the agriculture industry in a positive sense.

One of the biggest and most notable IoT projects in Agriculture to date is the EZ Farm project by IBM. It involves the placement of smart sensors that collect and send data to a cloud-based software and data centers of IBM, in order to help farms in nairobi, Kenya to have high yields and low farming costs.

Giving More Power to The Farmers

Of course, this is not the first IoT project in the Agriculture industry that shows notable results. In fact, a number of governments have already implemented new weather prediction systems, including satellite and remote sensing, in order to put forward a more crucial response measures for the farmers. The technology certainly gives more power to the farmers, providing them with instant updates and immediate information.

What separates the EZ Farm IBM project from other IoT based projects in the industry is the fact that it is aimed to help tech-savvy farmers who dwell in the urban areas and only travel in the rural areas during the weekends. With the help of the system farmers are able to better monitor the help of their crops and manage the resources needed to do so. A leading example of how IoT can help with such agricultural issues, the project is most notable for putting water into its best usage at the farm by controlling the flow of the water, in order for the farmers to get the best out of their projects.

Diverse Sensor and Sources Data

According to expectations, future farmers will be able to have great benefits from IoT by having diverse sensor and sources data, that will help them take even better advantage and understand soil moisture, vegetation health and more. This will help farmers make timely adjustments and decisions. The project by IBM in Kenya, EZ Farms, is currently hoping to connect the IoT technology to the meteorological department, in order to better include information about the patterns and predictions of rainfall, which will then be presented to the farmers seamlessly via a mobile application. Furthermore, IBM hopes that in the future, the IoT technology will be able to give further information to the farmers to further give them control over their projects, such as the status of their equipment and more.

Similar trends have been observed in other difficult agricultural regions – such as Australia. Moisture and climate prediction monitoring has been employed in central Australia in order to increase crop yields and minimise operating costs for farmers. Much of this technology is based on Australian servers in the cloud, avoiding costly overheads for individual landowners.

The Mixed Results of the IoT Technology Integration in the Agriculture Industry

 

A new report from Lux Research shows that there are still some uncertainties lying in the IoT investments made in the Agriculture industry. While major companies, including big names such as John Deree and Verizon, are making huge investments in IoT agriculture projects, there are still some huge questions that are left unanswered.

Farmers can have huge benefits by adopting new and upcoming solutions given by the adoption of IoT systems. They include the lowering of water inputs, the more organic use of fertilizers, the easy use of alternatives to pesticides, such as pheromones, among many others. Furthermore, there is a growing rise in the adoption of such IoT technologies that run correspondingly with the lowering of the cost and the rise of the savings of revenue that farmers make.

Furthermore, a number of IoT startups are showing a lot of promise in the boost of the new technology in the industry. Just some of them are Phytech, AquaSpy, OnFarm Systems and SemiosBIO. In fact, the funding activity in 2016 of Startups has been enormous. For example, CropX has managed to raise as much as $10 million in investment, while SemiosBIO has managed to raise as much as $9 million.

In a case study made by Lux Research during the full corn growing seasons in South Carolina, farmers have managed to achieve as much as 22 percent increase in the yields with the help of AquaSpy technologies. At the same time, the systems offered by Phytech have helped farmers achieve a 10 percent water savings over the course of a two-week period.

Nonetheless, the increase in yields and the savings of water are quite questionable, having in mind the high cost of the IoT systems. While the numbers are quite staggering, farmers are not as willing to adopt the new systems, simply because of their high cost. Most consider that the cost of the new technology is simply too high to constitute for the yielded results.

Sara Olson, a lead analyst at Lux Research has stated that there are new emerging technologies, which help combat the inherent difficulty of the deployment of IoT in agriculture, including more durable hardware and more effective connectivity infrastructure. She further stated that more powerful information management and analysis platforms should be able to increase the yields and the savings of farmers even more, making the appeal of the adoption of IoT solutions for Agriculture even higher.

Another recent report from Libelium and Beecham Research also discussed the high importance of the development of new IoT tools in the agriculture showing a forecast that the future of IoT in the Agriculture industry should be good. If the new technologies are more reliable and more affordables, the industry may see a huge shift. The investments in the new technology are there and farmers are starting to adopt to the new technology, but the mixed results are still not enough to turn the wheels towards a faster adoption of IoT in the Agriculture industry.

From Sickles to Sensors: How the Future of Agriculture is Evolving

In every industry, from manufacturing to the military, efficiency is key to growth. The IoT (Internet of Things) has become a standard wonder, promising better revenue and management across many sectors, most notably, in the agricultural industries. The agricultural industry primarily depends on three key components: engineering, technology, and science. In this digital age, the industry has been an avid advocate of IoT and has led many large farmhouses to consider adopting the new technology as a means to compete with the leading competition who are producing cost-saving products with the aid IoT.

With the constant flow of current data, farmers can monitor crop yields, livestock, finances and machinery without being physically present. IoT combined with the data influx provides farmers with the resources they need to improve efficiency and productivity, preserving the quality of produce and product- from pasture to plate.

Plans to modernize agriculture have already been put in place by creating IoT systems that improve livestock welfare. The system gathers data and monitors operations with sensors, notifying farmers of any possible issues that may arise. For example, the system may track an animal’s movements and food intake.

IoT solutions has already begun tackling two major concerns of agricultural workers- productivity and irrigation. We are in constant reminder each year of drought across the globe and met with conversation to create solutions. These issues can be solved with the use of irrigation systems and farming vehicles. These machines can monitor crop data and allow farmers to use resources more efficiently, preventing yield breakdown.

In arenas such as precision agriculture, information about water use, air quality, soil and weather can help agricultural workers better time planting and harvest. The IoT solutions sensors can increase crop yield by controlling activities such as water management.

These technological strides also mean that sensors are getting smaller, more durable and more economical. Networks are also evolving to become more secure and reliable, better protecting personal information and providing up-to-date accuracy. Although these technologies are new, they are already being taken seriously. Smart farming is the future of agriculture, and companies should be willing to help advance IoT across all sectors.

The concept of smart farming is quickly gaining traction with automated farming techniques and useful data. The technology can ensure that crops are watered and fed without any intervention, predict and prevent diseases and monitor everything in between in real-time. Businesses should actively incorporate IoT into their operations to ensure success, particularly in the case of the urgent need in the agricultural industry.

The future of farming lies in IoT technologies, in order to better provide for the high demands of today. These technological advances make a future possible in which you can time crop maintenance, plan for and prevent disease and maintain financial stats easily. Cloud storage also means that data access will be secure and more readily available, ensuring that critical information is always received.

The Curious Symbiosis Between IoT Innovation and Agriculture

Investments made by Venture capitalist in IoT solutions for Agriculture outnumber any IoT investments made in other industries. According to statistics, agriculture and food startups have received more than $296 million across than 41 deals just for the third quarter in this year. The amount is record-high compared to previous years in the industry. Furthermore, Agriculture is a leader in the adoption of large-scale Internet of Things solutions, which improve the operational efficiency, the productivity and sustainability of the profits in the industry.

While most people don’t consider Agriculture to be a leader in the adoption of IoT technology, the industry has a few key testing grounds for large-scale IoT strategies. The four main ones are productivity, pest control, conservation and continual value.

Productivity and Pest Control

In order to increase the precision and maximizing yields from every acre of land, farming companies implement interesting IoT solution. For example, wireless cloud-connected systems aid in automating the everyday agriculture operations and provide data  that further helps the real-time monitoring and analysis so farmers can make smart day-to-day and season-to-season decisions. Furthermore, when it comes to pest control, farming companies use new effective and inexpensive alternatives to pesticides with the help of IoT. One example of a great pesticide alternative is the use of pheromones. Wireless sensor networks monitor when the pest population is too high and a metered pheromone delivery system automatically disrupts the mating pattern of pests.

Conservation and Continual Value

One of the greatest challenges in farming has always been water shortage. Thus, it’s no wonder that farming companies use IoT to help them deal with such situation by mastering the complex data collection and irrigation systems. They do so, in order to achieve a more effective drought response, as well as having real-time information that helps them minimize any waste, as well as preventing over and under watering of their crop systems, by also managing the water costs they have.

Another challenge in Agriculture faced by the industry is the continual value of Agriculture technology. Before the implementation of IoT solutions, an agricultural technology didn’t deliver any continual value to the industry. However, the implementation of IoT transforms the technology into a long-term relationship and service between the service provider and the farming company, resulting in a more healthy and stable Agricultural industry.

The Agriculture industry provides stable proof that the implementation of new Internet of Things solutions helps not only by delivering better and more efficient results, but also by making the industry more stable and profitable. The benefits provided by IoT help move innovation forward by providing farmers with the easy implementation of new strategies that help them more easily and organically deal with pest control, as well as yield more from their lands. Furthermore, such solutions transform the providers of this technology into service providers, which helps them have more interest into investments, because of the high number of profits.