Per OpenPR: New AgTech vendors in the market are facing tough competition from established international vendors as they struggle with technological innovations, reliability and quality issues.
The major players covered in AgTech Ecosystem Market: Mitsui, Monsanto, Syngenta, Ynsect, Granular, Prospera, Arable, Connecterra, TL Biolabs, Terravion, Blue River Technology, Hortau, AeroFarms, BrightFarms, Crop-in Technology Solutions, Agriwebb, Aegro, Agrostar, CropX, AquaSpy, Edyn.
Whats important to remember is that the Yeetum team’s world view of industrial supply chains over the next 15 years comes with exponential growth of the Cannabis industry.
While cannabis is notorious for its flower buds and psychoactive effects, we must remember that hemp fibers have many use-cases to service; these include textiles, concrete, rope, paper, plastics, ethanol, milk, and pharmaceuticals.
When we broaden our view of the economic benefits of Cannabis Sativa as an agriculture commodity, it’s easy to identify opportunities for asset allocators to capitalize.”.
The farms we need are not what the industry provides. Today, the Ag sector is ripe for innovation. As systems evolve, those willing to intervene will make a difference in our economy.”
The Yeetum Future Farm approach is as follows:
If we can agree on our need for strategic agricultural improvements, then this is not a hard sell for those willing to take some risks.
But first, some brief industry, markets, and business insights to hemp:
Let these ideas simmer. We don’t wish to bog you down with detached fantasies. This is a blue ocean of opportunity — a developing market with rapidly growing demand and a need for supply.
Yeetum possesses the resources to build cloud-native and data-driven farms, but one big infrastructure investment is needed to build a NextGen Future Farm: an internet connection.
There are two approaches:
- Leverage low-orbit satellites from SpaceX or Blue Origin
- Install your own private fiber lines to your farm site via a ISP
Essentially, we must connect to a cloud environment. Once that is accomplished, we can deploy IoT (Internet of Things) sensors to the farm site, and immediately begin processing data through a streaming service. We could build this on any major cloud vendor; however, we will be selective and determine which cloud vendor is best suited to our needs.
Leveraging IoT on farms isn’t new. Here is some research on how it optimizes water consumption.
So once we can harvest the IoT data and we have an endpoint to send to the cloud… we can do some pretty standard IoT solutions architecture.
Here is a sample architecture if a NextGen farm operator chose Azure:
Again, there is nothing new or crazy being invented here — simply the tools of today employed for yesterday’s tradecraft. Our goal is to integrate modern tools to enhance agricultural productivity.
I hope you learned something today. If you have, please show some love and spread this content.
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Research produced by Yeetum Investment Group, LLC and authored by Cristobal Torres-Valderas. If you’re interested to learn more about our work, what we do, and partnering with us — visit yeetum.com