Digital Ag: Turning Data Into Insight
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1 Digital Ag: Turning Data Into Insight David Fischhoff, Monsanto Special Projects Lead and Former Chief Scientist at The Climate Corporation The Climate Corporation All Rights Reserved
2 Global: Crop Production Demand Climbing RISING population 7.1B 9.6B+ GROWING middle class 4.4B 1980 TODAY 2050 Source: RISING animal protein consumption 2B 4.9B Source: DECLINING arable land 9% in % in 2030 Source: UN FAO Food Balance Sheet, World Health Organization Global and regional food consumption patterns and trends 1 ACRE per person in 1961 Source: The World Bank, Food and Agriculture Organization of the United Nations (FAO-STAT), Monsanto Internal Calculations less than 1/3 ACRE per person in The Climate Corporation All Rights Reserved
3 Adoption of Technology Can Optimize Yields and Sustainability U.S. Corn Yields (in bushels/acre) Green Revolution Advanced Breeding and Biotechnology s Late 1960s Late 1980s Late 90s to Early 2000s Green Data Revolution 2016 and beyond Improved breeding = significantly higher yields Innovations = further improved yields and reduced risk Unlocking value of data = optimizing yields & sustainability The Climate Corporation All Rights Reserved
4 Technology Advancement Enabling Data-Driven Farm Electronic Circuits Wireless Data Transfer Data Storage 32x increase in computing power for the same cost in the past 10 years 75% drop in wireless data transfer price in the past 4 years 97% drop in price per gigabyte of storage in the past 10 years Source: Wikipedia.org, anandtech.com, Intel, CNET.com, processortimeline.info, thocp.net Source: Cisco (global wireless data use) and Statista (global carrier data revenue estimate) Source: Wayback Machine (Statistic Brain) The Climate Corporation All Rights Reserved
5 Everything that Affects Ag is Becoming Digitized Seed genetics Environmental Conditions Information from Hardware Sensors The Climate Corporation All Rights Reserved
6 Ag Technology and Investment is Exploding New technology development in hardware, software and data science Investment in these technologies nearly doubled last year $4.6B in 2015 $2.36B in 2014 Source: AgTech Investing Report for 2015, AgFunder The Climate Corporation All Rights Reserved
7 The Potential of Digital Agriculture The Climate Corporation All Rights Reserved
8 Complex In-field Interactions Cause Variability and Drive Digital Ag Opportunity 2015 NCGA Corn Yield Contest winner 532 bu/acre vs.168 bu/acre national average Seed Genetics Diseases Agronomic Practices Weather Pests Field Variables 2015 Monsanto Soy Yield Contest winner 134 bu/acre vs. 48 bu/acre national average 364 bu/acre opportunity 86 bu/acre opportunity The Climate Corporation All Rights Reserved
9 Climate FieldView Digital Ag Platform Insights & Decision Support SEEDS & PLANTING FERTILITY FIELD INSIGHTS Organization & Visualization of Dat a Industry-Leading Capabilities DATA SCIENCE SOFTWARE ENGINEERING Cloud-Based Data Acquisition & Storage WEATHER REMOTE SENSING FIELD- DATA/RESEARCH GERMPLASM GROWER DATA 75M acres The Climate Corporation All Rights Reserved 90M acres 2016
10 Our Tools Provide Farmers a Deeper Understanding of their Fields Data Capture & Visualization Seeds & Planting Fertility Field Insights Seamless data collection & visualization for deeper field insights Increase productivity with a simple, easy-touse script creation tool See field-level nitrogen supplies based on applications, crop stage and weather In-season and historical field imaging to evaluate and identify issues before they impact yield The Climate Corporation All Rights Reserved
11 Opportunity: Industry Collaboration Innovator Customer Value Innovator The Climate Corporation All Rights Reserved
12 Thank You For more information, visit /climatecorp The Climate Corporation All Rights Reserved
Big Data: Challenges in Agriculture. Big Data Summit, November 2014 Moorea Brega: Agronomic Modeling Lead The Climate Corporation
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