Accelerating Precision Agriculture to Decision Agriculture – Analysis of the Economic Benefit and Strategies for Delivery of Digital Agriculture in Australia
This report estimates that the unconstrained implementation of decision agriculture would result in a lift in the gross value of agricultural (including forestry and fisheries) production of $20.3 Billion (a 25% increase on 2014–15 levels) and would have major flow-on effects to other parts of the economy. This research will help guide ongoing investments by government and RDCs in areas that reduce current barriers to decision agriculture. It will also assist with targeting investments in areas in which there is a strong business case or high-impact productivity and profitability benefits for decision agriculture.
- The Potential Economic Impact of Decision Agriculture
- Business and Service Delivery Models for Decision Agriculture
- The Impact of Current Constraints On Decision Agriculture
Figure 4.3 Seven ways to profit from Big Data as a business. (Source: BCG, 2014)