Yara, IBM to offer digital services to farmers
Weather data will be among the specific areas of cooperation between the two companies
A man checks his mobile phone outside IBM's booth at the Mobile World Congress in Barcelona, Spain, February 28, 2018. PHOTO: REUTERS
OSLO:
Fertiliser maker Yara International and IBM plan to launch digital farming services later this year to help boost crop yields, eventually targeting 100 million hectares, or close to 7 per cent of arable land worldwide, they said.
Norway-based Yara is among the world’s largest fertiliser makers, reporting revenues of $12.9 billion last year from operations in more than 60 countries.
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Weather data will be among the specific areas of cooperation between the two companies, combining analysis from several IBM units with Yara’s knowledge of crops.
“The joint platform will not only provide hyperlocal weather forecasts but will, in addition, give real-time actionable recommendations, tailored to the specific needs of individual fields/crops,” the companies added.
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As the joint platform expands, the companies will seek to integrate it into IBM Food Trust, a blockchain-enabled network of food chain players.
“This will allow for greater traceability and supply chain efficiency as well as ways to tackle food fraud, food waste and sustainability,” the companies said.
Fertiliser maker Yara International and IBM plan to launch digital farming services later this year to help boost crop yields, eventually targeting 100 million hectares, or close to 7 per cent of arable land worldwide, they said.
Norway-based Yara is among the world’s largest fertiliser makers, reporting revenues of $12.9 billion last year from operations in more than 60 countries.
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Weather data will be among the specific areas of cooperation between the two companies, combining analysis from several IBM units with Yara’s knowledge of crops.
“The joint platform will not only provide hyperlocal weather forecasts but will, in addition, give real-time actionable recommendations, tailored to the specific needs of individual fields/crops,” the companies added.
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As the joint platform expands, the companies will seek to integrate it into IBM Food Trust, a blockchain-enabled network of food chain players.
“This will allow for greater traceability and supply chain efficiency as well as ways to tackle food fraud, food waste and sustainability,” the companies said.