{"id":140528,"date":"2020-04-15T07:54:17","date_gmt":"2020-04-15T07:54:17","guid":{"rendered":"https:\/\/news.sap.com\/africa\/?p=140528"},"modified":"2023-09-27T19:58:56","modified_gmt":"2023-09-27T19:58:56","slug":"agribusiness-model-companies-innovation-inspires-sustainable-food-systems","status":"publish","type":"post","link":"https:\/\/news.sap.com\/africa\/2020\/04\/agribusiness-model-companies-innovation-inspires-sustainable-food-systems\/","title":{"rendered":"Agribusiness Model Companies: Innovation Inspires Sustainable Food Systems"},"content":{"rendered":"
The challenge of feeding a world population that only grows year over year is a complicated feat by itself. Once you add in today\u2019s volatile backdrop of climate change, environmental disease, fluctuating commodity markets, trade tensions, and changing consumer tastes, the need for smart agribusiness solutions to deliver foods sustainably, profitably, and affordably has never been more intense.<\/p>\n
In fact, the urgency for food and agriculture innovation is so high that the\u00a0Union Bank of Switzerland<\/a>\u00a0predicts it will become a US$700 billion market by 2030. We are beginning to see the power of these investments as recent advancements \u2013 such as artificial intelligence, crop monitoring systems, extremely localized weather data, agricultural drones, and graphene soil sensors \u2013 find their way into agribusiness ecosystems worldwide.<\/p>\n