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HomePosts Tagged "AGCO"
Agribusiness, Agrotech, Finance, Investments, World

  Through this partnership, AGCO intends to leverage Innova’s expertise in identifying and supporting high-potential startups at the forefront of agricultural technology.

AGCO a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced its recent investment in the Innova Ag Innovation Fund VI of venture capital firm, Innova Memphis. This fund investment is the first executed by AGCO’s recently launched corporate venture capital initiative, AGCO Ventures. The deal aligns with AGCO’s approach to support the next generation of farming through advanced solutions that promise a more automated, digitized and sustainable future for agriculture.

AGCO announced its recent investment in the Innova Ag Innovation Fund VI of venture capital firm Innova Memphis. The deal aligns with AGCO’s approach to support the next generation of farming through advanced solutions that promise a more automated, digitized and sustainable future for agriculture.

AGCO announced its recent investment in the Innova Ag Innovation Fund VI of venture capital firm Innova Memphis. The deal aligns with AGCO’s approach to support the next generation of farming through advanced solutions that promise a more automated, digitized and sustainable future for agriculture. Through this partnership, AGCO intends to leverage Innova’s expertise in identifying and supporting high-potential startups at the forefront of agricultural technology.

The Innova team is renowned for its focus on nurturing early-stage startups revolutionizing agriculture.

“This partnership enables us to tap into the latest innovations in the field. We are excited to announce our investment in Innova Ag Innovation Fund VI, a move that reflects our unwavering commitment to pushing the boundaries of what’s possible in agriculture,” said Seth Crawford, AGCO Senior Vice President and General Manager, PTx. “This partnership enables us to tap into the latest innovations in the field, from automation and digitization to sustainability and efficiency, ensuring that we continue to provide our customers with the most advanced and effective solutions on the market.”

“We are immensely proud to partner with AGCO, a true leader in the agricultural sector, whose commitment to innovation and sustainability mirrors our own,” said Dean Didato, a partner at Innova. “This collaboration represents a unique synergy between AGCO’s industry expertise and our vision for a technologically advanced farming future and revitalized rural economies. Together, we are set to empower the brightest minds in agriculture, driving transformative solutions that promise to enhance farm productivity and profitability and secure a sustainable future for our planet.”

  Through this partnership, AGCO intends to

Company News

The AGCO 3D Product Advisor sets new standards in digital product visualisation while reducing complexity, increasing farm productivity, and generating sustainability impacts

AGCO, a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, has recently received the Red Dot: Best of the Best award in the “Interaction and UX” category with its digital design concept, the AGCO 3D Product Advisor.

“This award is a tremendous honour that recognises one of the innovative, industry-leading solutions that AGCO offers to the world’s farmers,” said Eric Hansotia, Chairman, President and CEO of AGCO Corporation. “Creating digital solutions that maximise value while improving long-term sustainability is core to our farmer-first strategy.”

Developed in collaboration with farmers around the world, the AGCO 3D Product Advisor sets new standards in digital product visualisation while reducing complexity, increasing farm productivity, and generating sustainability impacts. Unity Technologies and Infosys Consulting were key partners in developing this solution.

The AGCO 3D Product Advisor sets new

Agrotech, Company News

AGCO is planning to hire talented professionals in both its IT and precision Ag & Digital organisations

AGCO Corporation, Your Agriculture Company, a worldwide manufacturer and distributor of agricultural machinery and precision Ag technology, is initiating a Digital Capability Center in Bengaluru.

AGCO is planning to hire talented professionals in both its IT and precision Ag & Digital organisations. This Digital Capability Center (DCC) will leverage India’s talent pool and diverse ecosystem of start-ups and academia to conceptualise, develop, and test innovative capabilities that accelerate its technology modernisation and digitisation journey.

Deloitte India will provide end-to-end support to set up this center in Bengaluru.

“India has the right talent ecosystem for this global Digital Capability Centre, and we are confident it will help us continue to lead the industry as a trusted partner for industry-leading, smart farming solutions,” said Daniel Zapf, VP, Chief Information Officer, AGCO. He adds, “We believe that our association with Deloitte India will incubate and rapidly scale our digital capability center and attract the best technology talent for AGCO. This strategy will help us accelerate our farmer-centric transformation globally.”

Deloitte India is excited about the possibilities of this centre. “India is a critical and pivotal link in the global talent and services supply chain of global organisations. AGCO’s presence in India will further boost Agri-Tech talent in this talent market. We are excited to partner with AGCO in their journey and to help AGCO realise their strategic goals and objectives,” said Ravi Mehta, Partner, Deloitte India.

AGCO is planning to hire talented professionals

Agrotech, Sustainability

The report shares insights into sustainability transformation as the company drives action across its four strategic priorities of advancing soil health and soil carbon sequestration through smart solutions

AGCO, a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, has recently released its 2021 Sustainability Report.

“In 2020, we established AGCO’s sustainability strategy and have made meaningful progress in 2021 against our goals,” said Eric Hansotia, AGCO’s Chairman, President and CEO. “These early results have confirmed that our commitment to precision agriculture innovation places us on the right path to addressing sustainability.”

The report shares insights into sustainability transformation as the company drives action across its four strategic priorities of advancing soil health and soil carbon sequestration through smart solutions; decarbonising our operations and products; elevating employee health and safety; and prioritising animal welfare in food production. It represents a significant step forward in measuring and demonstrating our progress against our goals and commitments set in 2020, including:

  • Completing a global climate risk assessment and disclosing against the Task Force on Climate-related Financial Disclosures (TCFD) framework in inaugural TCFD report.
  • 13 per cent reduction in GHG emission intensity (scope 1 and 2)
  • 52 per cent renewable electricity use, up from 40 per cent and 32 per cent renewable energy use, up from 27 per cent.

“Our 2021 Sustainability Report shows AGCO is committed to accelerating progress in sustainability into our design, manufacturing, and distribution of smart agricultural solutions across the entire value chain,” said Roger Batkin, Senior Vice President, General Counsel, Chief ESG Officer, and Corporate Secretary.

The report shares insights into sustainability transformation

Environment

The deadline to apply for this grant cycle is March 30, 2022, at 5 pm EDT

The AGCO Agriculture Foundation (AAF), a private foundation with the vision to prevent and relieve hunger through sustainable agricultural development, has announced the launch of its new grant application cycle on the theme of “Climate Action Within the Context of Agriculture” for non-profit organisations with grant proposals between $20,000 – $300,000 and located anywhere across the globe.

In alignment with the United Nation Sustainable Development Goal 13 (SDG 13) on “Climate Action” and AGCO’s purpose to deliver “farmer-focused solutions to sustainably feed our world,” the Foundation is accepting grant applications on climate action in agriculture. The AAF grant application platform, through its community investment software partner, Benevity, is running the application cycle from February 21 to March 30. This programme strengthens AAF commitment to its strategic focus areas and AGCO’s Farmer-First strategy while addressing global trends on climate change adaptation and mitigation.

The Foundation’s first grant application cycle for 2022 seeks new project proposals from non-profits that combine various sustainable methods to tackle the specific climate change-related challenges of today’s farming communities. 

Grant eligible non-profit organisations must focus on climate action in the agricultural context that also aligns with any of the AAF thematic focus areas such as Nutrition & Sustainable Food Systems, Agricultural Education, Research and Innovation, and Farmer Community Development. The aim is to implement projects that promote sustainable climate solutions for farmers and the agricultural sector to benefit economies while also strengthening community development. 

The deadline to apply for this grant cycle is March 30, 2022, at 5 pm EDT. 

The deadline to apply for this grant