Manufacturing, Industry and Smart Cities are not the only sectors leveraging the immediate benefits that the Internet of Things provides. Agriculture and farming are much further along in the early adoption phase of IoT than most of us realize. Farmers are using IoT applications to remotely monitor weather conditions soil quality and irrigation systems. One research firm, OnFarm, conducted several studies and that showed that the average farm utilizing IoT-based technology saw yields rise by 1.75%, energy costs drop to $7 from $13 per acre and their water use fall by 8%.
The farming industry will become arguably more important than ever before in the next few decades.
The world will need to produce 70% more food in 2050 than it did in 2006 in order to feed the growing population of the Earth, according to the UN Food and Agriculture Organization. To meet this demand, farmers and agricultural companies are turning to the Internet of Things for analytics and greater production capabilities.
