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Thursday / July 4. 2024
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 In the Asia-Pacific region, the precision farming industry is steadily taking root through joint ventures between global agri-tech players and local companies. Let’s explore further.

The Asia-Pacific Precision market is projected to grow at a compound annual growth rate (CAGR) of 16.4 per cent to reach $2.62 billion by 2026, according to a report by Markets and Markets. The increasing use of cloud-based technology, the growing adoption rate of modern farming techniques to enhance productivity and growing food demand are the major factors driving the precision agriculture market. The growing need to increase food production in the available agricultural land and government initiatives to increase the usage of modern technologies in agriculture are propelling the market growth. However, the requirement of high initial investment and lack of awareness among the farmers are becoming obstacles to growth. The silver lining, though, is that in the Asia-Pacific region, the precision farming industry is steadily taking root through joint ventures between global agri-tech players and local companies. Let’s explore further.

AGCO Corporation, a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology from the US and Trimble, a global technology company delivering solutions from the US on April 1 announced the closing of their joint venture (JV) transaction. The JV, known as PTx Trimble, combines Trimble’s precision agriculture business and AGCO’s JCA Technologies to form a new company that will better serve farmers with factory fit and retrofit applications in the mixed-fleet precision agriculture market.

The formation of PTx Trimble enhances AGCO’s comprehensive technology offering around guidance, autonomy, precision spraying, connected farming, data management and sustainability. Both these companies have a strong presence in the Asia Pacific region.

PTx will serve farmers around the world including Asia Pacific region through three go-to-market approaches. Specialised precision ag dealers will help farmers retrofit almost any make or vintage of equipment they already own with the latest technologies. PTx will also expand its relationships with more than 100 original equipment manufacturer (OEM) partners that can integrate products from the PTx portfolio directly at the factory.

The strategic alignment of these brands will facilitate the rapid growth of AGCO’s technology transformation and will support the future development and distribution of next-generation ag technologies for farmers and OEMs in the region.

FMC India, an agricultural sciences company in March 2024, has launched its innovative precision agriculture platform Arc Farm Intelligence in India. It is aimed at encouraging smarter agricultural practices for farmers, advisers and channel partners. By combining real-time data and predictive modelling, Arc farm intelligence assists farmers in monitoring field conditions and pest pressure. Farmers can then ensure precise application of the recommended crop care products to optimise yield and achieve higher returns on investment.

Satyukt, a leading global Ag-tech company from India at the forefront of harnessing satellite data, advanced technology, and machine learning, and ASSOCHAM UP-UK and GNET have forged a strategic alliance in India poised to revolutionise precision farming using Sat2Farm technology in March 2024.  This collaboration extends to agribusinesses and researchers, who leverage integrated data to gain valuable insights into regional agricultural trends, enabling strategic resource allocation and fostering sustainable growth across the agricultural value chain of Uttar Pradesh.

In February 2024, Satyukt and Zuari FarmHub entered into a strategic alliance to redefine the landscape of precision farming through Satyukt’s APIs. Leveraging the power of the Application Programming Interface (API), Satyukt will provide access to farm management solutions to farmers and other stakeholders associated with Zuari FarmHub.

Besides, we see many companies joining hands with other regional and global firms in the precision agriculture space to provide farmers with cutting-edge tools for decision-making and automation. This integration of advanced technology enhances the effectiveness and efficiency of farming practices, driving further adoption among tech-savvy farmers.

The scalability, accessibility, and data integration capabilities of cloud-based precision farming software provide farmers with essential tools to optimise their operations, enhance productivity, and promote sustainability. Leveraging the power of cloud technology, farmers can access real-time insights into their operations, empowering them to make data-driven decisions that drive efficiency and effectiveness.

In the Asia-Pacific region, rising investment in the adoption of precision farming technologies such as drones, automated harvesting systems and driverless tractors are expected to create lucrative opportunities for the precision agriculture market players. The growing use of real-time and multimodal systems in the agricultural field is expected to support the growth of the precision farming market in the future.

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 In the Asia-Pacific region, the precision farming

Company has expanded its language support to include several international languages such as Swahili, French, Spanish, Malay, Portuguese, Turkish, and Arabic.

Satyukt, a global Ag-tech aims to revolutionise farming practices worldwide, announces the expansion of language support for its Sat2Farm mobile application. Sat2Farm, a satellite-based agricultural monitoring system, has widened its language offerings to cater to farmers across the globe, ensuring accessibility and inclusivity for users from diverse linguistic backgrounds.

Agriculture is a global industry, and farmers worldwide need access to technological tools and information. With over 5.35 billion people now connected online, the power of the internet continues to grow, enabling individuals from all corners of the world to engage with a vast array of online resources.

“English has achieved global status, but not all farmers speak English fluently,” says Dr Sat Kumar Tomer, Founder & CEO, Satyukt Analytics. “Providing agricultural apps in vernacular languages ensures that language barriers do not prevent farmers from accessing important information and utilizing the full potential of agricultural technologies.”

Sat2Farm, initially available primarily in English, has expanded its language support to include several international languages such as Swahili, French, Spanish, Malay, Portuguese, Turkish, and Arabic. This expansion aims to make Sat2Farm’s services accessible to a global audience and to better serve users who may not be proficient in English.

“We recognize the importance of language accessibility in reaching farmers across diverse regions and cultures,” adds Dr Sat Kumar Tomer, Founder & CEO, Satyukt Analytics “By expanding language support for Sat2Farm, we aim to empower farmers worldwide with valuable real-time data and insights to enhance their farming practices.”

With the latest update, Sat2Farm users now have access to a comprehensive database covering over 80 pests and diseases commonly affecting crops worldwide. Additionally, users can benefit from 80+ crop calendars available in their preferred language, facilitating optimized farming practices. Furthermore, irrigation advisories tailored for over 50 crops are provided, offering users valuable insights to enhance their irrigation management strategies.

To access Sat2Farm in their preferred language, users simply need to download the Sat2Farm application on their mobile devices from the Google Play Store, install it, select the language of choice, and sign up.

Company has expanded its language support to

This partnership enables Satyukt to deliver farm management solutions to farmers and stakeholders aligned with ASSOCHAM UP-UK and GNET, streamlining the agricultural practices by providing instant, near real-time information.

Bengaluru based Satyukt, a global Ag-tech aims to revolutionise farming practices worldwide, offering smart solutions tailored to stakeholders in agriculture. It promotes the digitisation of agriculture through its innovative use of satellite-derived data and a blend of modern technologies including cloud computing, mobile technology, Big Data, Machine Learning (ML) and Artificial Intelligence (AI). Satyukt’s diverse range of products and services provides actionable insights to empower stakeholders, facilitating informed decisions and sustainable agricultural practices on a global scale. Satyukt, ASSOCHAM UP-UK and GNET are spearheading efforts to create a sustainable and technologically advanced future for farmers and agricultural stakeholders to increase their farm income. Together, they collaborate to pave the way for a future where technology plays a central role in driving sustainable practices and enhancing the livelihoods of small, marginal and large farmers.

Satyukt, ASSOCHAM UP-UK and GNET have forged a strategic alliance poised to revolutionise precision farming using Sat2Farm technology. Since 65 per cent of the total population of UP is dependent on Agriculture, this partnership enables Satyukt to effortlessly deliver farm management solutions to all types of farmers and stakeholders aligned with ASSOCHAM UP-UK and GNET, streamlining the agricultural practices by providing instant, near real-time information which can be accessible from anywhere on the globe.

Through this partnership, Sat2Farm revolutionises agricultural practices for farmers aligned with ASSOCHAM UP-UK and GNET, offering unparalleled control and insight into their operations. Though the state has achieved self-sufficiency in ensuring food safety and is advancing beyond the necessary standards, this integration transcends traditional methods of soil testing, identifying the pests and diseases, and irrigation practices by providing a seamless platform where data seamlessly flows, empowering farmers and stakeholders to make informed decisions. Moreover, collaboration extends to agribusinesses and researchers, who leverage integrated data to gain valuable insights into regional agricultural trends, enabling strategic resource allocation and fostering sustainable growth across the agricultural value chain of Uttar Pradesh.

By harnessing the power of technology and data-driven insights, the Satyukt, ASSOCHAM UP-UK and GNET partnership transcends mere technological advancement. It signifies a commitment to driving positive socioeconomic change, empowering farmers, and creating a sustainable and prosperous future for the agricultural community of Uttar Pradesh.

Dr Yukti, MD, Co-Founder of Satyukt, enthusiastically announced that “the collaboration aims to bring precision farming information to the doorsteps of farmers, harnessing the technological advancements developed by Satyukt in recent years. Looking ahead, he highlighted that precision farming will help farmers in reducing the cost of cultivation and increase the crop productivity, thereby increasing the farmers’ income”.

 Abhithosh Asthana, managing partners, GNET, expressed enthusiasm for the collaboration, stating, “Setting sail on this transformative voyage alongside Satyukt ignites us with excitement and anticipation. Our shared dedication to innovation propels us to lead the charge in delivering precise agricultural services. This steadfast dedication drives our endeavor towards continuous agricultural advancement, to nurture lasting value for both farmers and agricultural stakeholders”.

This partnership enables Satyukt to deliver farm

Leveraging the power of Application Programming Interface (API), Satyukt will seamlessly provide access to farm management solutions to farmers associated with Zuari FarmHub.

 Satyukt, a leading global Ag-tech company at the forefront of harnessing satellite data, advanced technology, and machine learning and Zuari FarmHub have entered into a strategic alliance which is set to redefine the landscape of precision farming through Satyukt’s APIs. Leveraging the power of Application Programming Interface (API), Satyukt will seamlessly provide access to farm management solutions to farmers and other stakeholders associated with Zuari FarmHub.

Zuari FarmHub stands as a dynamic force in the agricultural sector, specialised in the manufacturing and distribution of a diverse range of agri inputs. With a comprehensive product portfolio encompassing fertilizers, speciality nutrients, pesticides, and seeds, Zuari FarmHub plays a pivotal role in providing essential resources to farmers across the country.

Through this partnership, the API integration empowers farmers associated with Zuari FarmHub with a level of control and insight into their agricultural operations. They gain access to a comprehensive suite of tools and metrics that cover essential aspects such as soil health, crop health, moisture levels, and the identification of potential threats like pests and diseases. This integration goes beyond traditional methods, providing a seamless and interconnected platform where data flows effortlessly, ensuring real-time access to critical information. Moreover, the collaborative efforts extend to other stakeholders within the agricultural value chain. Agribusinesses and researchers connected to Zuari FarmHub can leverage the integrated data to gain valuable insights into regional agricultural trends and plan resource allocation strategies.

This holistic approach to data-driven decision-making ensures that farmers and other agricultural stakeholders aligned with Zuari FarmHub are equipped with the tools they need to make informed choices in their farming practices. By offering actionable insights, this partnership enables farmers to optimize their productivity, conserve resources, and adopt environmentally friendly and sustainable agricultural methods.

Dr Yukti Gill, MD, Co-Founder of Satyukt, expressed enthusiasm for the collaboration, stating, “Embarking on this transformative journey with Zuari FarmHub fills us with excitement and anticipation. Our joint commitment to innovation means that we will be at the forefront of developing and providing affordable, actionable, and precise agricultural services. This commitment drives us for sustained agricultural growth to create enduring value for farmers.”

Commenting on the partnership, Madan Pandey, MD, Zuari FarmHub said, “We aim to create value for farmers and stakeholders by providing integrated agri solutions to all farm needs. By providing real time access to farm data, we will empower farmers to maximize yields, reduce wastage and hence ensure sustainable farming practices. Precision farming will create the next agricultural revolution in India that will vastly improve the profitability for Indian farmers.”

Leveraging the power of Application Programming Interface