Welcome to Smart Agri Labs!
Smart Agri Labs is a machine learning powered and big data driven company with an aim to increase the profitability of small farmers globally.
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Network system.
Predictive analytics.
Portfolio optimisation.
Architecture.
Population growth and rising incomes, which drive increased protein consumption, are projected to increase food demand by 50% by 2050
Global trends in agriculture and AgTech.
Agriculture is a critical industry for the world economy. Agricultural development is one of the most powerful tools to end extreme poverty, boost shared prosperity and feed a projected 9.7 billion people by 2050. Agriculture is also crucial to economic growth: in 2014, it accounted for one-third of global gross-domestic product (GDP). But agriculture-driven growth, poverty reduction, and food security are at risk: Climate change could cut crop yields, especially in the world’s most food-insecure regions.
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AgTech represents the application of technology – especially software and hardware technology – to the field of farming. AgTech is an industry that encompasses diverse solutions to almost every step in the food production process. Growing demand for food amid limited land resources can be met only through adoption of technologies in agriculture. Food and agriculture is a $7.8 trillion global market that is on the edge of the revolutionary change. According to McKinsey report, the agriculture industry is the least digitalised.
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