The theme for 2018 is “Innovation through Smart Data”. In the past, innovations in hardware and machines were the main productivity drivers. Now business data and decision-making software are the catalysts for completely new technologies and growth in the primary sector.
Wireless connectivity, advanced sensors, smart data, automation and increasing computing power are generating new opportunities. The Internet of Things (IoT) is being rolled out to farmers and orchards across the country, satellite imagery has become an essential forest management planning tool and critical business information is available anywhere at a touch of a button.
We are generating more data than ever before. We are, however, only just starting to scrape the surface on how we can use the data to make smarter business decisions in real-time.
In a major study last year, machine learning competed with doctors in the visual diagnosis of lung cancer. The machine was better than even the best doctors. Continued advancements in digitisation, analytics, artificial intelligence and automation will have a major impact on the primary sector. There is a very real probability that a machine will soon make a better decision than a farmer with 50 years of experience!
Source: Connex || January 22, 2018 |||