Ross

GrowAg : iugotec joins Australian Innovation Summit.

Collaborate & Innovate

iugotec Founder & Director Ross Farrell will attend the GrowAg Innovation Summit: Cultivating Excellence in Agriculture for our Farming Future.

AgTech Innovation

I am excited to join the top 100 innovators and leaders in agriculture at GrowAg. The  summit provides a great venue to develop new collaborations, formulate innovative ideas and an opportunity to share my vision for a new generation of sensor systems.

  Advanced Sensor Systems

Opportunities for state-of-the-art chemical “fingerprinting” sensor systems in Food & Agriculture include applications such as:

  • Real-time quality grading of produce .
  • Monitoring of storage facilities.
  • Pest detection.
  • Contamination & Taint detection.
  • Crop health & early disease warning systems.

Turn Data into Decisions

This new generation of sensor technologies (developed in pioneering medical & security applications) brings significant new opportunities for advanced quality control & decision support. By combining sensors with data science we can develop & deploy highly sophisticated systems that integrate and as a result optimise across the supply chain, from grower to consumer. Following the Systems Engineering mantra: If you cannot measure it, you cannot control it, if you cannot control it you cannot improve it.

The Summit

GrowAg is hosted by the Australian Government Department of Agriculture and Water Resources and the Rural Research and Development Corporations. It will bring together Australia’s sharpest and most innovative leaders in agriculture to share ideas, discuss the opportunities and challenges facing the sector and identify how tomorrow’s leaders can capitalise on the opportunities.

The Summit will advance the contribution of our farming leaders and agricultural professionals towards a dynamic, competitive and prosperous agricultural sector by:

  • developing knowledge and skills for utilising adopting new technologies; innovative business and investment strategies; and developing leadership and entrepreneurial skills
  • facilitating wider discussion and consideration of the opportunities, barriers and roles for farmers in agriculture; and
  • providing an opportunity for sharing knowledge, a platform for innovation and an entrepreneurial environment for our future farming leaders.

In summary, we have tremendous opportunities to harness the potential of advanced sensor systems & turn data into knowledge-based actionable decisions. Collaborate & Innovate. I am excited about the future!

Ross.

 

More information on GrowAg here.

Rural Research and Development Corporation

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Ross

AgTech: Australia’s next $100 billion industry

Snippets:

Tech startups could add up to $109 billion to GDP along with creating 540,000 jobs by 2033. For startups to achieve that level of contribution, they need industries where innovations can provide significant value. Australian agriculture is just that: a high value core national industry with significant potential for innovative impact.

According to the Australian Bureau of Statistics (ABS), the agriculture, forestry and fishing sectors have the lowest proportion of ‘innovative-active’ businesses in Australia. New thinking and new approaches to farming and production are needed to drive our ambitions for growth in the sector.

AgTech Report Recommendations:

PARTNER WITH INDUSTRY TO DRIVE REAL RESULTS

Industry leadership and consultation is crucial to driving strategy and improving adoption of AgTech.

Entrepreneurs need facilitated connection to industry and transparency regarding key priorities.

Investors need key contacts within industry to enable their own focus and understanding of value propositions for AgTech.

Industry needs guidance in technology and early stage business investment.

WE DON’T NEED TO DO IT ALONE

Invest in bringing developed AgTech solutions from overseas and adapt them to the local environment – i.e. Canada’s approach.

Create mutually beneficial alliances with other countries – tap into the brains trust to develop together and attract international attention and investment – i.e. Israel.

Engage the whole supply chain – we will achieve more together than we will alone.

It’s the role of government to enable, industry to educate, connect and act, researchers and entrepreneurs to work with industry and understand the problem and value propositions.

 

The report profiles six Aussie startups on the cutting edge of AgTech in Australia, talks to over 60 stakeholders across industry, government, investment and research and compares Australia to seven global AgTech players. It outlines both the opportunities and challenges for the sector, and outlines 12 practical recommendations that will help achieve our lofty ambitions in the space.

If you haven’t had the chance to check it out, click here to download it & read in its entirety.

 

Via #StartupAus

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