Affiliation:
1. Sinhgad Institute of Management, India
2. Sinhgad Institute of Business Administration and Research, India
Abstract
Agriculture being the prime means of livelihood, there is a basic need of re-inventing the farming best practices, combined with tech-driven innovations in this segment to ensure sustainability and eliminate poverty and hunger. In this chapter, the authors focus on introducing relevant technology-enabled services that will ensure economic sustainability, enhance food security through data-driven decision making by various stakeholders like farmers,agri-business and agri-tech start-ups, farmpreneurs, government, agronomists, and IT suppliers. The analyzed information will be used as a vantage by farmers to select precision farming practices to aid productivity to empower personnel to provide timely assistance and industries to implement real-time monitoring using sensors and devices. The chapter will help formulate concepts, methods, practices, benefits, and introducing several case scenarios to effectively propagate the service mode of farming that will imbibe pay-as-you go model ensuring cost optimization and operational ease.
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