Rapid growth of world population, urbanization, industrialization, arrays of factors are occupying and limiting harvest land and livestock scope. Land on earth is fixed but feeding and livelihood is a must to survive. So, production process optimization is of the utmost requirement through incorporating specialized agriculture solution, either as a core module in ERP or the standalone application – including 1) Agriculture management 2) Farm Management 3) Livestock management. These sub-systems include the core features like:
* Tracking crops, livestock, planting cycle. Monitoring resources (land, water, fertilizers)
* Crop planning, seeding, harvesting, land parcel management, Inventory for fertilizers, seeds, tools. task time tracking and staff/workers assignment.
* For livestock – Animal tracking, vaccination schedule, feeding plan, breeding cycles, custom report of herd performance, and so forth.
Real-time data analytics facilitates for informed decisions on crop management and resource allocation. Agro-based supply chain optimization for improved traceability and manageable movement and routing of tasks and components. No doubt, the precision farming technologies reduce waste and environmental impact.
I knew it from the web-information that north America as the lead followed by a large part of Europe is adopting agricultural management solution including IoT and other relevant hardware to provision precision agribusiness management application to get the optimum results from crops production and livestock. The sustainable support and patronization from the government agencies impact and promote a lot to make the huge agricultural management in those regions. Emerging market like China, Brazil, India and some other countries are in the front line in question of these technologies due to the large agricultural sectors and supportive government initiatives. The study shows a remarkable growth in this area, as:
– 9.5% CAGR (compound annual growth rate) in global IoT adoption in the agriculture market growing from USD 16 billion to the projected USD 40 billion. You know these IoT devices are utilized for real-time monitoring of soil moisture, crop health, livestock tracking, automated irrigation system, etc.
– Agriculture ERP software market is experiencing robust growth at 12% (CAGR), valued at appx. USD 2 Bn to a projected reach over USD 6 Bn by 2033. Approximately, 72% of the agriculture software market is dominated by cloud-based solution, driven by scalability, cost-effectiveness and real-time data access.
Who are in the front-line?
So far, I know SAP, (SAP Agriculture – farm management, SCM, resource planning), Oracle (NetSuite), FarmERP etc. are in time and offering solution. I believe that, Odoo’s with its modular, customizable ecosystem could come forward in this emerging filed.
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