Home Can IoT provide agriculture with an annual bumper crop?

Can IoT provide agriculture with an annual bumper crop?

Alvarez Technology Group is planning to double down on Internet of Things (IoT) deployment in the agriculture industry. Luis Alvarez, the CEO, spoke to The Channel Company at XChange 2016 about the developments and challenges.

In the world of agriculture, Alvarez claims the most important customer considerations are cost savings and operational efficiencies. In the next five years, the firm wants to reduce the head-count on farms, which has already declined enormously in the past 50 years, by half.

See Also: When will robots finally take farmers’ jobs?

At the same time, Alvarez customers want to see an 100 percent increase in yields from the same plants. IoT sensors for agriculture are able to plot more efficiently and reduce the amount of water and soil needed.

Data analytics is another area where Alvarez customers are intrigued, according to the CEO, “we brought in 20 or 25 agriculture leaders in our community and talked to them about data analytics, and in their survey form, almost every single one of them said I want to talk more about this.”

IoT sensors provide a wealth of data, but without analytics a person must surf through and find relevant info. Pushing that to a cloud analytics platform could “actionable intelligence” at a much faster rate, allowing farmers to recognize issues and fix them immediately.

A challenge for Alvarez in IoT is data security. Speaking to farmers, Alvarez noted that hardly any new the risks of IoT deployment and most were shocked at the possibility of a hacker holding their farm for ransom.

It’s not just the agriculture sector

It is not just IoT agriculture that suffers from a lack of security, consumer and enterprise hardware both lack sufficient security systems. While some device manufacturers are improving, it may take a few years (and a few high profile attacks) before we really get serious about IoT security.

Standards are another challenge that Alvarez face, due to the multitude of competitors vying for platform dominance. In the consumer market, we have Works with Nest, HomeKit, and Amazon Alexa, but in the enterprise market its even more fragmented.

Despite the challenges, Alvarez is bullish on the agriculture market and plans to invest heavily into it. The CEO said that in the IoT market, companies should be committed to one sector, rather than creating a platform that works for all markets.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.