Smart Farming Innovations & Startups Report

Comprehensive Showcase of Global Smart Farming Innovations & Startups

From CLIMAFIX, the leader in climate innovation intelligence

Smart Farming Introduction:

Agriculture is a large source of greenhouse gas emissions – and it is not just CO₂emissions, but also methane and N₂O emissions. With the world’s population on the increase and the subsequent need for more food and clothing, the importance and extent of agriculture – and its greenhouse emissions – will increase even further.

Smart farming – also called precision farming or precision agriculture – uses scientific methodologies combined with digital tools for farming. The goal of smart farming is to ensure that agriculture can produce the same, or even better, yields with fewer inputs and with less harm to the overall ecosystem. All these imply much less greenhouse gas emissions compared to the business-as-usual scenario.

While there is a cost attached to smart farming (mainly in the form of investment in smart farming technology & equipment), it could pay for itself fairly quickly given the extent to which smart and precision farming practices can reduce input costs (15-20%) and increase crop yields (by over 30%, and in some cases by over 50%).

Smart farming and precision agriculture are not exactly new. Farmers in many countries have been using scientific observations and estimates for their cultivation processes. What has changed is the use of new technologies such as drones, IoT & sensors, and also concepts such as AI and Big Data. All of these enable farmers to understand their farming ecosystem at a granular level, dynamically, resulting in much higher efficiencies.

The 2020-2030 period will be a period of significant growth for the smart farming sector worldwide. Esmart farming innovations around the extensive use of digital through IoT, AI & Big Data, focus on soil health & field diagnostics, and genomics.

The Smart Farming Innovations & Startups Report provides insights on the following: