Use and application of digital technologies in the agricultural sector have advanced rapidly, with stakeholders across the agricultural value chain, from equipment and seed suppliers to insurers, finding ways to add value to their services and to the improve outcomes for their customers and partners. What is important to note is that that value increases exponentially for stakeholders, reaching up and down the value chain as it becomes more connected.
The agricultural value chain typically comprises five phases, namely input, production, processing, distribution and purchasing. A digital marketplace adds value along the entire value chain. In the production and processing phases, precision agriculture and autonomous operations add value. In the distribution phase, a connected supply chain comes into its own.
A strategic response is needed to put in place the technology foundations—and consistent regional policy—necessary to create a productive, competitive, digital-age agriculture sector in South Africa.
All stakeholders in this sector have a role to play to drive awareness and put in place the infrastructure, standards and policies needed to drive the adoption of the identified digital initiatives.
In our report, Unlocking Digital Value in South Africa’s Agriculture Industry, we:
- Outline the case for change, detailing the challenges the agriculture faces at present.
- Highlight the digital technologies that have the potential to help resolve these challenges and it
- Identify the value that each digital solution presents along with the practical implications of implementation.
For more insight, click through to the report.