Technologies and IoT have the potential to transform agriculture in many aspects. Data, collected by smart agriculture sensors, e.g. weather conditions, soil quality, crop’s growth progress or cattle’s health.
Firms also have better control over the internal processes such as knowing exactly how much crops you are going to harvest and, as a result, lower production risks. If you, you can make sure your product won’t lie around unsold.
Cost management and waste reduction thanks to the increased control over the production is another advantage IoT offers to agricultural sector. Being able to see any anomalies in the crop growth or livestock health, you will be able to mitigate the risks of losing your yield. By using smart devices, you can automate multiple processes across your production cycle, e.g. irrigation, fertilizing, or pest control.