Robofarming & The Future of Agriculture | | Business Technology
This is why investment is pouring into the smart farming space, in the context of more health conscious and ethically minded societies where food still makes up a sizable portion of everyone’s budget.
So where is the investment money going? Robotics and Internet of Things (IoT) for the most part: technology is getting to a stage where we can turns farms into data-driven ecosystems and get maximum returns from resources. Consider that the intensive farming in the tiny Netherlands has made the Dutch the biggest exporters of food in Europe and you get n idea of the lucrative value that tech firms are trying to unlock for farms.
You can get an idea of the potential of IoT in agriculture with a brief case study: until recently, cattle farmers had to rely on a vet’s predictions of when a cow would give birth, hoping to be available when labour began to ensure no complications put the mother or calf in danger.