Top 20 Agtech Solution Companies - 2021
The agricultural sector is no longer as conservative as we used to imagine. Implementation of digital technologies, development of robotics, and new biotechnological solutions have given agriculture a brand-new reputation and name: Agtech. And these developments have not been out of investors’ sight as they have poured billions into the industry.
Today, each component of the extensive food supply system is being digitalized. And in the future, each of these components could create a new specific market. Digitalization is also helping solve the labor issues pervasive in the agtech space for years. The COVID-19 pandemic has further fueled existing labor issues and exposed additional vulnerabilities in the space. These vulnerabilities threaten the profitability and operations of all stakeholders in the agriculture industry. Therefore, many organizations are developing farm machinery that automates or augments existing processes to increase productivity and safety by reducing the need for human labor. Technologies such as drones, field monitoring sensors, and analytical software are helping farmers monitor and manage their farms, improving their ability to identify and address issues early. All in all, the pandemic has accelerated the adoption of automation and robotics technologies.
Other than digitalization, organizations are developing new techniques such as vertical farming, aquaponics, and hydroponics to help growers adopt indoor farming. One of the most considerable advantages of indoor agriculture is the capability to regulate virtually every factor affecting growth, such as light, temperature, and nutrients. Thus, indoor farming allows for cleaner, healthier, and overall safer growth and processing activities. Furthermore, indoor farming is becoming increasingly automated helping to curtail labor shortage challenges.
At this juncture, there is a wide variety of agtech solution providers entering the industry with a set of advanced and integrated offerings. To help companies navigate through the best-of-breed agtech solution providers and consulting companies, CIOReview has compiled a list of top 20 most promising agtech solution providers. The enlisted organizations are transforming the agricultural landscape. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you CIOReview’s, “20 Most Promising Agtech Solution Providers – 2021.”