Tag: Agritech

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Kristi Lofton: Back to her Roots

Kristi Lofton works in agricultural technologies. A graduate of Tech901’s Code 1.0 course, Kristi works as a software engineer for The Seam, a locally based software company focused on agricultural commodities trading and sustainability efforts. I’ll get back to the concept of “agricultural technologies” a little later on (it’s a big deal, I promise).

Until her current job at The Seam, Kristi’s issue wasn’t that she didn’t enjoy her job. She just felt like she could be doing more: “Everyone has to figure out their life,” she told me. “I was always interested in a lot of things- but not interested enough.”

You see, Kristi had mastered the pivot long before she made the shift from Vet Tech to IT. Kristi Lofton grew up in Hughes Arkansas, just 40 minutes outside of Memphis. She worked for her father during farming season, helping with the soy beans and wheat their family grew.  Her father and mother still own the farm to this day. 

“I drove a tractor on my father’s farm growing up, and I always told myself that’s not what I want.“

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AgTech

How to Develop and Improve Industry Standards

Technology is growing at an exponential rate, and it’s important for industries to adapt their standards accordingly in order for companies and organizations to work with one another efficiently.

If processes and standards are not established, companies will hold different expectations and evaluate business on a different scale, essentially speaking different languages. These points of disconnection create a lack of continuity that not only impacts the business owners, but also their clients or customers.

Whether you aim to create or improve standards within your industry, there are a few crucial steps to keep in mind.

PICK A TEAM AND ASPIRE FOR COOPETITION

Gather a group of your professional peers and key players in your industry to work with. These people should be thought leaders and advocates for change who share a common goal of unity, for the sake of collective progression and profitability.

One person or company cannot change industry standards alone. The purpose of a standard is to be recognized across a wide spectrum of players. Picking the right team can ensure the best results and the best chance of spreading awareness.

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AgTech

Breaking Barriers Between Supply and Demand Using Technology

Supply and Demand in Agriculture

The economic law of supply and demand explains the relationship between products and the desire for consumers to purchase them. It outlines how each factor affects the other, and how this relationship determines the price of goods and services. When it comes to agriculture, this principle is a driving force behind technology in the supply chain.

When demand exceeds supply, prices tend to rise. And when supply exceeds demand, you can expect to see prices fall. These shifts can be difficult to measure and prepare for. However, with technological advancements in today’s market, there is more room for predication and more time for preparation.

Shifts in a supply curve can sometimes be the result of advances in technology that reduce the cost of production. If the cost of production goes down, sellers will often lower prices. This plays into the world of agriculture as agritech companies continue to improve the quality of their products and tools. As these companies work to perfect their technologies, and as farmers implement them in the field, they are able to offer products to consumers at a lower price. As a result, farmers and agriculture professionals can invest in more agritech developments, causing the supply curve to shift.

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AgTech

How Technology Is Shifting Our View of Agriculture

Agriculture Technology

Innovation is at the heart of agriculture. From the beginning, farmers have continually invented new techniques to improve the efficiency of planting and harvesting crops, and recording data to help inform those techniques. Today, the landscape of agriculture is changing at an exponential rate. This is largely due to the wide scope of digital technologies that are now transforming the agritech industry.

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AgTech

In-The Know: Bi-Weekly Agritech Round-Up (May 10, 2019)

Agritech

The world of agritech is changing every day. Check out our bi-weekly round-up to stay in-the-know on the evolving world that is agriculture technology.

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AgTech

In-The Know: Bi-Weekly Agritech Round-Up (April 26, 2019)

Agritech

The world of agritech is changing every day. Check out our bi-weekly round-up to stay in-the-know on the evolving world that is agriculture technology.

Continue reading “In-The Know: Bi-Weekly Agritech Round-Up (April 26, 2019)”
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AgTech Sustainability

In the Know: Bi-Weekly Agritech Round Up (April 12, 2019)

Agritech 2019

The world of agritech is changing every day. Check out our bi-weekly round-up to stay in-the-know on the evolving world that is agriculture technology.

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AgTech

The Importance of Data Standards

Data standards

Today’s agritech landscape consists of digital tools that gather and record data about crops and commodities in order to serve a growing number of consumers. Two manufacturers may purchase the same commodity and utilize it differently, but they must both be able to share and access information about the same product. This is where data standards come into play, providing streamlined processes and guidelines that all players in an industry can follow in order to exchange information and conduct business more efficiently. In agriculture, data standards also reinforce transparency and immutability in the digital supply chain.

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AgTech

In the Know: Bi-Weekly Agritech Round Up (March 29, 2019)

AgTech

The world of agritech is changing every day. Check out our bi-weekly round-up to stay in-the-know on the evolving world that is agriculture technology.

Continue reading “In the Know: Bi-Weekly Agritech Round Up (March 29, 2019)”
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AgTech Sustainability

Where to Invest in Agritech

Invest in Agritech

Whether you are a farmer looking for the latest tools to help your crop production, or a business professional looking for the next leap in innovation, there is no better time to invest in agritech. Agriculture and technology have been melding together over the last decade, and now is the time to make the most of the industry’s growth.

The following solutions have shown tremendous progress, and are not looking to slow down any time soon.

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