Asia: Farmers Leverage Big Data, Drones, and A.I. for Big Yields
The world market for precision agriculture is forecast to hit $12 billion by 2025, according to research company Global Market Insights, and many of the industry’s largest participants are moving into the space, writes contributing writer Peter Guest for Nikkei Asian Review.
In 2010, Krishna Kumar, a Bangalore-born entrepreneur, launched CropIn Technologies in his home city, providing a platform to link smallholders with buyers, gathering information about farmers’ yields, practices and ground-level challenges.
By 2016, CropIn’s data set covered 2 million hectares and more than 250 different crop types. Using machine learning, CropIn analyses how farms performed under various conditions, from pest outbreaks, to disease, to water scarcity. That data is turned into predictive models to identify problems before they occur and provide buyers with accurate information about future yields.