Farmers have been investing in technology since the 1700s

Forever innovating to yield the most profit from every acre, farmers are always evolving. Farmers are expected to produce more with less human resources than ever before.

Today, only 3% of the U.S. population is employed on a farm, and 2% of U.S. farms produce 70% of all domestic vegetables. Source

How will farmers keep up with the growing demand and shortage of resources - - Technology!

What smart farming technology should you be considering?

Read our Smart Farming guide for smaller farm operations to see where smart farming technology might fit into your farming practices.

Today’s modern farm is smart

Combining mechanics with the data of farming is allowing farmers to be more productive, more profitable and more knowledgeable about how best to manage their farm than ever before.

Rapid developments in the Internet of Things, tying farm equipment information to data and software. And, Cloud Computing including artificial intelligence, are propelling the phenomenon of what is called Smart Farming

Sundmaeker et al., 2016

How will smart farming impact the smaller farm organizations?

This statistic shows the forecasted market value of smart farming worldwide in 2017 and 2022.

The global market size of smart agriculture is expected to grow from approximately 9.58 billion U.S. dollars in 2017 to 23.14 billion U.S. dollars by 2022.
Global market size of smart farming 2017-2022

There is no doubt, many companies are betting the farm (pun intended) on smart farming technology. But, the accessibility and affordability of these technologies for smaller organizations might only widen the gap between larger operations and the smaller family farm.

However, every farmer can benefit from better data, reduced input costs, improved soil quality, reduced labor, and higher yields, and smart farming technology can help every farmer get these benefits.