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Case Study Are Farms Becoming Digital Firms?
Case Study Are Farms Becoming Digital Firms?
1-12. List and describe the technologies used in this case study.
1-13.In what sense are U.S. farms are now digital firms?
Farmers provide data on field boundaries,soil conditions and historic crop yields
which is used by perscriptive planting. Agricultural data analysis companies are the
ones that analyze this data and the data not only about seeds but also soil types in
different areas. Then also monitor the weather and other contributing factors to give
out advice to farmers how to manage their corps while growing. This company then
sends a file with the recommendations back to the farmer who then uploads this into
a computerized planting equipment.
All the gathered data from self-driving tractors to aircrafts and other forms of sensors
provide farmers with information about the crop yields, soil moisture and quality. This
technology attributes to saving money and time while increasing crop
yields.Prespective planting lays down the right amount of seeds and fertilizer which
improves the average harvest, which leads to increased profits.
In conclusion, the three decisions prespective planting includes the amount and type
of seeds, the amount of fertilizer to add in each area of the fields and lastly the
weather and other kinds of factors help framers manage crops while growth.
The cost of these technologies in order to be able to use these new programs are
hard to afford for small farmers. They need to purchase the service itself and the
additional cost of retrofitting all of the planting equipment they already posses. Large
farmers have an advantage purchasing these items and changing their old
equipments.