Microsoft To Use FarmBeats’ Blockchain Technology to Improve Agricultural Production In Brazil
- Microsoft's FarmBeats initiative to launch in Brazil to help improve the efficiency of the agriculture sector.
- FarmBeats is an end-to-end IoT-based platform for improing agriculture-related processes.
After projects in the United States, India, New Zealand, and Kenya, Microsoft’s FarmBeats is going to be launched in Brazil to improve the efficiency of the agriculture sector. It is an end-to-end IoT platform for agriculture that enables seamless data collection from various sensors, cameras, and drones.
Microsoft FarmBeats will help farmers benefit from technology innovation at the edge. Microsoft says although technology could help the farmer, its adoption is limited. This is primarily due to farms not having power, Internet connectivity on the farms and farmers not usually being technology savvy.
Talking about Microsoft FarmBeats initiative, Satya Nadella, Microsoft CEO says:
“Data from low-cost sensors in soil and drones with machine learning algorithms work with farmers’ knowledge and intuition to help them gather and parse data about their farms. Informing what, when, and where to plant in order to drive the highest-possible yields and reduce costs”.
Moving to their venture in Brazil, Ranveer Chandra, the creator of FarmBeats says:
“Brazil is one of the first countries that comes to mind when we think of agriculture. We developed FarmBeats so that its technology could be applied here and in other developing countries.”
Projects Like FarmBeats, A Necessity In The Future
One study shows that among 23 sectors, agriculture is in the last position in terms of digital transformation – even behind hunting. A connection is the biggest challenge of agribusiness. We need this data to make use of available technologies.
Food is one of the great problems of mankind. By 2050, production needs to increase by 70% to be able to feed the world's population. Not only do we need to be more productive, but we also need to create more nutritious and sustainable food.
Much of the work done in agriculture today is based only on farmers' experience. If we combine this knowledge with data, we can develop AI algorithms that make agribusiness more productive. A more connected field not only provides data for the now but helps create more effective forecasts for the future.