By Enterprise Technology Review | Wednesday, May 15, 2019
FREMONT, CA: The agricultural industry is one of the prime sectors and contributors to a country's gross domestic product (GDP). The primary challenges faced by agribusiness and farmers are the use of downgraded machinery and heavy dependence on archaic fundamental methodologies. The agriculture industry is in immediate need for a significant upgrade; the influx of contemporary technologies such as mixed reality (MR) and artificial intelligence (AI) can provide innovative and exciting avenues for agribusiness innovators.
MR, the result of curving concepts of the digital world with physical geography has gained tremendous traction in recent times. In 1994, Paul Milgram and Fumio Kishino introduced the term MR in their paper "A Taxonomy of Mixed Reality Visual Displays." Even though the concept of MR is in its nascent stage, the layering of digitally simulated objects on the real world has opened a box of limitless possibilities. Using the advanced computerized vision technology, graphical processing power, and display technology of MR, the innovators can access a multitude of application ranging from jotting the entire farming operations to having an algorithmic idea of every process. The 3D augmentation atmosphere allows the farmers to visualize different scenarios of crop cultivation and aid remote equipment monitoring or control systems.
AI and machine learning (ML) are statistical and analytical models that mimic the human behavioral pattern and execute the task accordingly. AI offers a detailed guideline procedure, which helps farmers to accomplish growing, sowing, harvesting and selling of produce. The integration of ML into robotics assists breeders in improving the operations of crop productivity, soil management, and animal husbandry.
Applications such as radio navigation, laser gyroscopes, AI-induced farming automotive, and MR-enabled helmets or goggles assist farmers in booming their crop yield and product quality by statistically analyzing a large amount of structured and unstructured data from multiple sources while reaching full automation.
In 2017, Global AI in the agriculture market size was evaluated at US$240 million, and it is expected to reach US$1100 million by the end of 2025. With the integration of AI and MR, agribusinesses can equip the farmers with the right tools necessary for doubling their profits and increasing the nation's GDP.