Climatic challenges are a significant concern when it comes to agrifood systems comprising unexpected rainfall patterns, fluctuations in temperature, and raised pest and disease pressures. The investment forum can overcome all these challenges by adopting innovative technologies that can ease climate adaptation at all stages of the agrifood value. More importantly, precision technology in agriculture makes use of data-driven capabilities in the form of GPS mapping, remote sensing, and advanced Machine learning to improve resource use and lower environmental consequences.
Investment forums can play a significant role in the widespread adoption of precision agriculture by making it easy to use the latest equipment, encouraging training activities, and adopting technology through financial plans through grants and subsidies.
For instance, German multinational corporation Bayer has adopted Fieldview technology to assist farmers which has become data-driven by controlling huge data generated from sensors ,machines, drones and IIot devices. Also, the Climate FieldView edge-cloud platform provides farmers a clear picture of their operations and the technology can consolidate huge number of data points, point out disruptions and issues to prevent before it occur and ensure to improve performance while increasing the usage of land, water and energy.
Randhir Chauhan, MD, Netafim India and Senior Vice President, Netafim Ltd, said, "With the dawn of a new era of data connectivity, the Indian agriculture is experiencing a paradigm shift and digital farming is a new tool which gives better control, ability to manage crop cycle and helps to make decisions on real time basis"