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Key Trends Shaping Digital Transformation in 2024

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Home AGROTECHNOLOGY digital (smart)

Key Trends Shaping Digital Transformation in 2024

by Tatyana Ivanovich
February 13, 2024
in digital (smart), Vegetables
0
Key Trends Shaping Digital Transformation in 2024

#Agriculture #DigitalTransformation #Technology #Agronomy #GovernmentInitiatives #LaborShortage #RegulatoryReforms #ImportSubstitution #DroneTechnology #MarketTrends

As we step into 2024, the agricultural landscape is poised for a digital revolution. Drawing insights from the events of the past year, “Geomir” identifies pivotal trends driving the digitalization of the agro-industrial complex. With projections suggesting a staggering 40 to 50% growth rate, here’s a glimpse into the transformative forces reshaping the sector.

The agricultural sector is witnessing a paradigm shift fueled by technological advancements and evolving market dynamics. One notable trend driving this transformation is the scarcity of skilled labor. While the demand for agronomists remains robust, the dwindling pool of available talent poses a challenge for agricultural enterprises. In response, many are turning to innovative solutions such as digital agriscouting services to optimize workforce productivity. In 2023 alone, the demand for such services surged by an impressive 50%, a trend expected to persist in the upcoming season.

Another catalyst for digitalization is the mandatory adoption of specialized information systems by the Ministry of Agriculture. Mandates requiring market participants to integrate with platforms like the Grain Information System (FGIS Zerno) and the Animal and Plant Health Information System (EFIS ZSN) have not only spurred digital transformation but also created a demand for specialists proficient in navigating these digital ecosystems. Particularly sought after are professionals capable of facilitating seamless data reporting and integration, a skill set increasingly vital in an era defined by digital connectivity.

Moreover, government initiatives aimed at promoting import substitution in the agricultural sector are further incentivizing digital innovation. Subsidies provided to enterprises leveraging domestic technologies and solutions play a pivotal role in sustaining industry growth. In 2024, the anticipated expansion of digital technologies within agriculture is poised to catalyze a government-led project incentivizing the annual adoption of state-of-the-art solutions by eligible entities. By aligning with the unified registry of Russian programs for electronic computing machines and databases, enterprises stand to benefit from substantial support, fostering a culture of technological advancement and self-reliance.

Furthermore, the endorsement of drone technology by the government marks a significant milestone in agricultural modernization efforts. Recognizing the immense potential of drones in optimizing farm operations, regulatory reforms and subsidies have been introduced to facilitate their widespread adoption. Despite initial regulatory hurdles, projections suggest a promising trajectory for the drone market, with anticipated revenues soaring from 1 to 2-3 billion rubles by 2024.

The forecast for 2024 paints a picture of accelerated digitalization within the agricultural sector, with growth rates projected at an impressive 40 to 50%. As industry stakeholders embrace digital solutions to tackle labor shortages, comply with regulatory mandates, and capitalize on government incentives, the stage is set for a transformative year ahead.

Tags: AgricultureagronomyDigital TransformationDrone TechnologyGovernment Initiativesimport substitutionLabor Shortagemarket trendsRegulatory Reformstechnology
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