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During a recent visit to a rural Tigray woreda, I witnessed a fascinating shift in farming practices. A farmer was using a tractor to prepare his land, a departure from the traditional ox-powered plows. Intrigued, I spoke with the farmer about his decision and the benefits. He explains a lot but one of the benefit took my attention and want to share it here.He explained that previously, many women-headed households would rent their land to men, receiving only half of the harvest as payment. However,…

Inverting the firm, or shifting production from inside the company to ecosystem partners, is a common strategy in many industries where companies are looking to grow rapidly through the network effects of a platform model. Agriculture’s level of digitization is rapidly increasing, with 93% of US farmers collecting at least some form of digital data, and catching up to that of other industries such as banking, retail and telecommunications. This is motivating agricultural organizations to explore…

Having been part of the agricultural industry for less than a year after joining Leaf last January, I’ve been amazed by the large number of companies that are actively working on their digital transformation. Especially when considering that in 2019, McKinsey and Company found agriculture to be the least-digitized sector in the world. While I don’t know where agriculture would stand in similar research today, I’m convinced that digital technology adoption is increasing rapidly across the industry.…

Spending on AI in agriculture is projected to grow from $1.7 billion in 2023 to $4.7 billion in 2028, with a CAGR of 23.1%, according to Research and Markets. The global IoT in agriculture market size was valued at $27.1 billion in 2021 and is projected to reach $84.5 billion by 2031, according to Allied Market Research. These are just a few of the stats I found with a quick google search on ‘global digital agriculture market’. I don’t know if these numbers are accurate or not but, what’s very clear…