Agritech stands for “agricultural technology.”The agriculture trend includes all the innovation, latest products, and services utilized in agribusiness to increase yield, proficiency, and productivity. The agricultural area in India engages a large portion of our populace. We are incredibly dependent on the farmers and agricultural workers in India to furnish us with a means of food.
This is probably the riskiest area to be engaged in as it relies upon wild factors like climate, geographical conditions, and the continually changing government policies. Still, we keep on depending on this sector heavily.
Agriculture trends are being used to give this area and its laborers an essential lift. And to do this, the most excellent method is bringing advancement in agritech. Modern methods and techniques will doubtlessly lift agribusiness to the next level and decrease the burden of farmers.
Agriculture Trends In 2020
Agriculture Technology has made significant steps in the most recent years. In 2018 alone, the Agritech business has gotten the financing of $16.9 Bn across 1,450 separate funding. As far as the general capability of the Agritech area, the industry is rising; however, it is still at a too beginning stage over the globe.
To support the growing populace, the agricultural yield needs to grow an astounding 60% by 2030, and technology needs to play an essential function in the agritech sector. Let’s look at some of the most significant agriculture trends that will shape the industry in 2020.
Role Of Data Science In Agriculture Sector
With organizations neglecting to help agribusiness regarding giving loans and farmer welfare schemes, the time has arrived for innovation to control the change in agriculture trends. Data Science is here to help!
Data science is the technique for gathering experiences from data. It empowers the use of real-time information and past information to frame significant experiences on buyer behavior, user credit behavior, cropping patterns, product testing, and others.
Data is the need of enterprises, and thus, data science has various applications. In the wake of revolutionizing industries like IT, Banking, Manufacture, Finance, Healthcare, and some more, it is ready to profit the farming business by introducing data science in agriculture trends.
Enabling Smart Farming
Smart Farming is the advanced application of science and innovation in agriculture trends. Smart farming is applying technologies like IoT, Big Data, and analytics in an agricultural field.
It utilizes technologies like the Internet of Things, cloud computing, Machine Learning, and Big Data to empower farmers to have more experiences on the outcomes of their moves and make an improved and better choice on farming practices.
Smart farming’s potential lies in the fact that it goes beyond solving the flaw and risks of agriculture. Big Data as an agriculture trend is leaving a critical effect on the agritech sector, giving prescient awareness on farming practices and working, updating plans of action, delivering real-time decisions on operations, and some more.
Getting an accurate fertilizer rate is a science and requires an exhaustive examination of many factors. The agriculture trend of using data science has several dynamic elements that have to be thought for fertilizer recommendation. Such factors incorporate crop supplement take-up rates, research information, soil compound, water composition, physical and organic properties, climate, land type, soil testing strategies, irrigation methods, interactions among fertilizers, manure attributes, and some more.
Due to the complexity of finding the “ideal fertilization range,” the misuse of manures is a worldwide wonder. Most of the farmers depend on trial and error, estimation, and guesswork. The outcome is that harvests don’t meet their yield potential and increase soil and water pollution. Using this agriculture trend of data science, data science experts help the farmers know the correct amount of manures.
Role of ML In Agriculture Sector
Farmers face many challenges in their daily activities due to unpredictable weather and geographical conditions, market factors, and local, regional, and national policies.
Machine learning (ML) is the latest agriculture trend that plays a significant role in overcoming these challenges. The technology makes it possible for farmers to use predictive analytics to better preparing for unfavorable conditions using data from multiple sources, analyzing them, simulating different scenarios, and provide in-depth insights.
The agriculture trend of using this technology helps farmers know real-time weather conditions, soil nutrients levels, geographical changes, and stock trends into account to ensure they make the best decisions for themselves.
Monitor crop and soil
Companies are using various technologies and deep learning algorithms. The data are then collected using drones and other software to monitor the crops and also the soil. They also use the software program to manage the fertility of the soil.
By using new technologies in agriculture trends, farmers can find effective ways to save their crops and protect them from weeds.
Crop breeders are looking out for a particular trait regularly that can bring change in agriculture trends. They are looking for the qualities that will help the crops use more water efficiently, use the nutrients, and adapt to climate changes or diseases. If the plant needs to give the desired result, the scientist needs to find the right gene.
Yield Prediction and Quality Assessment
Yield prediction is one of the most important and popular topics in agriculture as it defines matching of crop supply with demand, yield mapping and estimation, and crop management. Ultra-modern approaches have gone far beyond simple predictions based on historical data; we should use the latest agriculture trend for bringing the change.
They start incorporating computer vision technologies to provide data on the go and comprehensive multidimensional analysis of crops, weather, and economic conditions to make the most of the yield for farmers and populations.
The accurate detection and classification of crop quality characteristics can increase product prices and reduce waste. In comparison with human experts, machines can use seemingly meaningless data and interconnections to reveal new qualities if we use the agriculture trend of ML in farming. It plays an essential role in the overall quality of the crops.
As agriculture is a traditional sector, it’s not resistant to the intensity of new agriculture trends. In 2020, farmland proprietors and farmers should discover better approaches to build trust and credibility inside their networks to remain competitive.
To achieve this, both should have the correct tools available and the capacity to advertise themselves by building an online presence to grow their reputations. Farmers need to use the latest technology to increase their yield and income. The agritech sector meets people’s high expectations by bringing new agriculture trends in the farming sector.