Summary
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Details
Deep dive
Main Features
Farm Planning and Management: Farm Enterprise helps in scheduling and planning crop activities, including planting, fertilization, and harvesting. It also helps to assess soil conditions, crop health, and other field management activities.
Data Collection, Integration, and Analysis: Farm Enterprise provides real-time data on a range of farm indicators, facilitating informed decision-making. It integrates data from various sources such as soil sensors and weather stations, as well as from other Enterprise Resource Planning (ERP) software facilitating cost and revenue management.
Sustainability Compliance and Reporting: The traceability and compliance reports generated from Farm Enterprise helps farmers ensure that their products meet local and international agricultural regulations and standards. It therefore supports the implementation of climate-smart and sustainable agricultural practices.
Offline Functionality. Users of Farm Enterprise can enter and access all farm operations data, regardless of internet connectivity. This feature is particularly important for farmers in locations with limited or no access to the internet.
Target Users
Farm Enterprise is targeted at large-scale farms and agribusinesses. These entities benefit from comprehensive farm management, financial tracking, and data analytics to optimize operations and increase productivity.
Pricing
AGRIVI does not publicly disclose specific pricing details for the Farm Enterprise software on their website or in readily available public documents. For accurate pricing information, potential clients might wish to contact the company directly. AGRIVI may provide custom quotes based on the specific needs and requirements of individual farms or agricultural enterprises. This allows them to tailor the pricing to fit the scale and scope of each customer's operations effectively.
Case Study
Clients: Kvedaru Ukis (Lithuania), AG Horticulture (Africa)
Challenge: Monitoring farm operations data, extracting information from different sources, and optimizing field monitoring are common problems in large-scale agricultural units like Kvedaru Ukis (a leading vegetable farm and processing factory in Lithuania) and AG Horticulture (a farm-to-table business operating across Africa). Both had a need for digital solutions to furnish them with more accurate and intelligent data to track their operations, increase productivity and profitability while meeting established product standards.
Solution:
Unified Database: The Farm Enterprise software enabled both companies to bring together all operational data in one centralized platform. This removed the need to manually record information in several notebooks, papers, and applications.
Real-time Data: Farm Enterprise made available real-time data on indicators of plant health. Pest infestations could be quickly spotted, ensuring a high-quality farm output. The software therefore enabled a more proactive approach in both clients.
Impact:
Information about how the adoption of Farm Enterprise affected specific farm performance indicators in the two clients is not publicly available.
Market Outlook
It is estimated that there are at least 608 million farms in the world (source: World Development). Large farms with complex operations, the target market of AGRIVI's Farm Enterprise software, constitute only 1 per cent of the world’s farms but occupy 65 per cent of agricultural land. The Market for Farm Management Software (FMS) was valued at USD 2.81 Billion in 2023 and is projected to triple that amount by 2031 (source: verifiedmarketresearch), as demand rises for technologies to boost agricultural productivity to feed the world. Major players in the FMS market include Trimble Inc, Deere & Company, and Raven Industries, among others.
Among agtech products, FMS has the highest adoption rate of 21%, according to a 2022 survey of farmers (source: McKinsey). Further global adoption of FMS nevertheless continue to present some significant challenges. Some are perhaps universal, such as data integration and management issues and the inability of FMS to address specific client needs. Other problems such as digital literacy, internet connectivity might be more pressing in specific locations.
