SlideShare a Scribd company logo
Horizon 2020 Societal Challenge 2 Infoweek
Digitising agriculture and food value chains
17 November 2017
Big Expectations from Big Data
R E F L E C T I O N S F R O M I N T E R A C T I N G W I T H S T A K E H O L D E R S
A C R O S S T H E E U R O P E A N A G R I F O O D V A L U E C H A I N
G r i g o r i o s C h a t z i k o s t a s • H e a d o f B u s i n e s s D e v e l o p m e n t
D e p a r t m e n t • c h a t z i k o s t a s @ b i o s e n s e . r s
Ready, Tech, Grow:
Agrifood and Emerging
Technologies
Mega Trends Driving Agrifood Transformation
New consumer
preferences
Rising consumer demand for
personalized, on-demand
products and increasing
awareness for product
traceability throughout the
supply chain
Emerging
technologies
Big inefficiencies suggest
finding big opportunities in
emerging technologies. On
average, 35% of the initial
production is lost or wasted
at different stages
Changing value chain
configurations
Growing trend towards
horizontal and/or vertical
consolidation across the
ecosystem, with new data
technologies being a
powerful driver
CHALLENGES AND OPPORTUNITIES FOR SUSTAINABLE GROWTH
WHAT’S READY? WHAT’S NEXT?
Precision Ag: The Big Data Landscape
Innovation
Trigger
Peak of Inflated
Expectations
Trough of
Disillusionment
Slope of
Enlightenment
Plateau of
Productivity
Blockchain
Water Trading
Indoor Farming
Amazon for Inputs
Fully Autonomous
Synthetic Aperture Radar
On Plant Sensors
Deep learning
In field wireless
Hyper-spectral
Uber for Tractors
Farm IoT
Soil Sensors Machine Learning
Drones
Traceability Platforms
Nano-Satellites
Dashboards
Scouting Apps
Moisture sensors
Hyper-local
weather
Big Data
Aerial Imagery
Cloud
Farm ERP
Satellite Imagery
Prescriptions
VR
Soil Sampling
In cab display
Yild Monitors
NDVI
Autosteer
WHAT’S READY? WHAT’S NEXT?
Precision Ag: The Big Data Landscape
Innovation
Trigger
Peak of Inflated
Expectations
Trough of
Disillusionment
Slope of
Enlightenment
Plateau of
Productivity
BLOCKCHAIN
IN-FIELD WIRELESS
FARM IOT
BIG DATA
The place of blockchain in the supply chain
Information Asymmetry and a Crisis of Trust
How can I trust that verified data
if I am two steps down in the
supply chain?
- Provenance.org
Building Provenance
REAL-TIME, TRUSTWORTHY DATA, FROM
SUPPLIER TO SHELF
Linking Provenance’s blockchain-backed technology
with Soil Association Certification’s databases, a
product’s journey enters the blockchain in real time.
Shoppers can see information on their chosen organic
product in real time, including the certification’s
validity, the organic criteria met by a product, a map
of its journey, and photographs from the farm.
OriginTrail: Going beyond Agrifood
• PRODUCT AUTHENTICATION & BRAND
PROTECTION
The OriginTrail Decentralized Network is applicable
to any product supply chain;
• UNIVERSAL ACCESSIBILITY
A wide set of business applications, from supply
chain optimization, fraud detection/prevention,
• ENSURING ACCOUNTABILITY AND
PRODUCT JOURNEY
Ensures transparency, security and trust in products
and certificates.
Turning Data into
Decisions: How to
Manage Uncertainty and
Rising End-user
Expectations
When it comes to AgTech, farmers have
an information arbitrage advantage… they
can play around with different
technologies and can quickly separate the
wheat from the chaff.”
— Rob Leclerc, chief executive of AgFunder
THE QUESTIONSTHE PROMISE
Who can access my data?
Did I get a fair deal?
Is the data safely stored?
Plant optimization
Pest and disease identification
Creating top-yielding hybrids
The Data-Hungry AgTech
World
• Soothing farmers’ concerns about data misuse
while at the same time enabling data collection
across the entire value chain;
• Ensuring seamless interoperability between
applications and/or agri-services in building a
robust Food and AgTech ecosystem;
• Creating a framework that simplifies decision
making in a wide range of business applications;
Investors see promise in agricultural
technology that goes beyond data. Venture-
capital investments in the agricultural sector
overall rose to $560 million last year from $201
million in 2015.
Data buyers and farmers enter
into relationships wherein both
can participate in value creation.
Revenue is evenly split with
farmers.
ROI GUARANTEE
An ag data collection and software
service, Farmobile empowers
farmers with complete year-over-
year data gathered in real-time
and data ownership
DATA AS A SERVICE
Farmers decide whether to
approve offers. Data buyers such
as dealers, agronomists, crop
insurance agents only pay for the
information they desire.
FROM DATA TO PRODUCT
1
2
3
Farmers decide whether to
approve offers. Data buyers
such as dealers, agronomists,
crop insurance agents only pay
for the information they desire.
EQUITABLE TERMS
Farmobile offers farmers legal
agreements that govern the
ownership and control of their
agronomic data
BOTTOM LINE OWNERSHIP
Buyers get a direct link for data
collection with baseline
customers , utilizing unique field
data to create value and growth
for their own clients (e.g. AgI)
THE RISK VS. REWARD
4
5
6
End-user Engagement:
Delugged with Data,
Hungry for Insights
Connecting the Dots: Toward an AgTech Ecosystem
BUSINESS CHAIR
KPIs EVALUATION
Measurement & Monitoring
Applying Lean Principles in
a Multi-Actor Context
The Innovation Funnel: From
Idea to Market
Living Labs: Harnessing
Smart Interactions
ECOSYSTEM CHAIR
END-USER FEEDBACK
Involvement & Co-Creation
TECHNOLOGY CHAIR
IMPROVEMENTS
Finetuning
DEMO
MVP3
MVP2
MVP1
Living Labs: Harnessing
Smart Interactions
CO O PERATION IS K EY
An open innovation environment between
ICT & agricultural industries
DEFY STEREOTYPES
Broken stereotypes between technology
developers & end-users
CO - CREATION AT TH E TO P
Co-creation and validation of ICT
solutions for agriculture in real-life setting
IDEA
FUNDING
SUP P ORTING SERVICES
MARKET ACCEPTANCE
Feeding the Big Data Supply Chain
Improving analytics capabilities
through crowdsourcing
Using the knowledge and
expertise of bright individuals
outside the organization to
accelerate internal
innovation;
Harnessing the power of
ecosystem-based innovation
Tapping into diversity directly
through online open
innovation platforms for idea
generation and solving
complex business problems;
Using the crowd as an
innovation partner
Getting people to work on
clearly identified challenges,
collaborate and submit
solutions through open
innovation platforms;
Open innovation in agriculture
as a challenge
The 2017 Syngenta Crop
Challenge addressed the
need to feed a growing world
population with decreasing
agricultural land;
Syngenta: Open Innovation & Crowdsourcing Platform
The commodity measured in bytes, not bushels
The Big Question: Is Deep Learning Ripe for Evaluation?
The potential for deep learning in agriculture
• Handle uncertainty, offer context- and location-based
decision support;
Agriculture is one of the most uncontained environments to manage
• More rapid adoption for development of new seeds,
fertilizers, or crop protection products than for in-field
precision agriculture applications
• Automatized condition monitoring in automated /
programmable greenhouses
Open questions
• Feeding the algorithm with data and training it;
• Addressing large gaps in data collection, preparation &
benchmarking capabilities;
• Scaling to a real world farm through open infrastructures,
open innovation models & collaborative spaces;
The issue: Models need better traction
with farmers
Crop models have been driven by the
integration of new research rather than by
real-life practical problems and requirements
of end-users.
Tradition and AgTech: Finding the Right Balance
INCLUSIVE
SUSTAINABLE
CIRCULAR
La Matanza – A hundred year tradition rooted
in sustainability
And who can pick winning AgTech better than the
people who matter most: farmers? Fostering
farmer-driven, market propelled innovation, fueled
by collaboration and experimentation in open real
environments must be an integral part of creating
sustainable AgTech products and services.
Thank you!
chatzikostas@biosense.rs
BioSens.rs

More Related Content

What's hot

Smart Farming – How Robotics, Automated Sensors and Drones are Used to Increa...
Smart Farming – How Robotics, Automated Sensors and Drones are Used to Increa...Smart Farming – How Robotics, Automated Sensors and Drones are Used to Increa...
Smart Farming – How Robotics, Automated Sensors and Drones are Used to Increa...
Dr. Saurabh Katiyar
 
IoF2020: Fostering the Data Ecosystem
IoF2020: Fostering the Data EcosystemIoF2020: Fostering the Data Ecosystem
IoF2020: Fostering the Data Ecosystem
Sjaak Wolfert
 
Top 15 AgTech Startups to Watch in 2020
Top 15 AgTech Startups to Watch in 2020Top 15 AgTech Startups to Watch in 2020
Top 15 AgTech Startups to Watch in 2020
Ana Martinez
 
Digital Transformation in the Food & Beverage Industry
 Digital Transformation in the Food & Beverage Industry Digital Transformation in the Food & Beverage Industry
Digital Transformation in the Food & Beverage Industry
Blue Mail Media Inc
 
EUFRESHINFO ICT and business Rotterdam dec 2015
EUFRESHINFO ICT and business Rotterdam dec 2015EUFRESHINFO ICT and business Rotterdam dec 2015
EUFRESHINFO ICT and business Rotterdam dec 2015
Krijn Poppe
 
How IoT is changing the agribusiness landscape
How IoT is changing the agribusiness landscapeHow IoT is changing the agribusiness landscape
How IoT is changing the agribusiness landscape
Sjaak Wolfert
 
SmartAgriHubs: connecting the dots
SmartAgriHubs: connecting the dotsSmartAgriHubs: connecting the dots
SmartAgriHubs: connecting the dots
Sjaak Wolfert
 
Smart agriculture market
Smart agriculture marketSmart agriculture market
Smart agriculture market
VikasDeshmukh17
 
IoT and Big Data in Agri-Food Business
IoT and Big Data in Agri-Food BusinessIoT and Big Data in Agri-Food Business
IoT and Big Data in Agri-Food Business
Sjaak Wolfert
 
Krijn poppe vineland research 2016
Krijn poppe vineland research 2016Krijn poppe vineland research 2016
Krijn poppe vineland research 2016
Krijn Poppe
 
Towards data-driven agri-food business
Towards data-driven agri-food businessTowards data-driven agri-food business
Towards data-driven agri-food business
Sjaak Wolfert
 
AI for intelligent services in Food Systems
AI for intelligent services in Food SystemsAI for intelligent services in Food Systems
AI for intelligent services in Food Systems
Sjaak Wolfert
 
AgroConnect PPS Smart Farming project and FIspace
AgroConnect PPS Smart Farming project and FIspaceAgroConnect PPS Smart Farming project and FIspace
AgroConnect PPS Smart Farming project and FIspace
Sjaak Wolfert
 
Digital innovation for sustainable food systems
Digital innovation for sustainable food systemsDigital innovation for sustainable food systems
Digital innovation for sustainable food systems
Sjaak Wolfert
 
Global smart agriculture market outlook
Global smart agriculture market outlookGlobal smart agriculture market outlook
Global smart agriculture market outlook
neha pundhir
 
Food agriculture brochure letter_final1.27.17
Food agriculture brochure letter_final1.27.17Food agriculture brochure letter_final1.27.17
Food agriculture brochure letter_final1.27.17
Richard Kottmeyer
 
Digital agriculture - the implications of the digital economy for the agricu...
Digital agriculture  - the implications of the digital economy for the agricu...Digital agriculture  - the implications of the digital economy for the agricu...
Digital agriculture - the implications of the digital economy for the agricu...
Symphony3
 
IoT in agri-food
IoT in agri-foodIoT in agri-food
IoT in agri-food
Sjaak Wolfert
 
Smart agrifood barcelona_feb2013
Smart agrifood barcelona_feb2013Smart agrifood barcelona_feb2013
Smart agrifood barcelona_feb2013bullzito
 
Direct Marketing Farmers
Direct Marketing FarmersDirect Marketing Farmers
Direct Marketing Farmers
KG2
 

What's hot (20)

Smart Farming – How Robotics, Automated Sensors and Drones are Used to Increa...
Smart Farming – How Robotics, Automated Sensors and Drones are Used to Increa...Smart Farming – How Robotics, Automated Sensors and Drones are Used to Increa...
Smart Farming – How Robotics, Automated Sensors and Drones are Used to Increa...
 
IoF2020: Fostering the Data Ecosystem
IoF2020: Fostering the Data EcosystemIoF2020: Fostering the Data Ecosystem
IoF2020: Fostering the Data Ecosystem
 
Top 15 AgTech Startups to Watch in 2020
Top 15 AgTech Startups to Watch in 2020Top 15 AgTech Startups to Watch in 2020
Top 15 AgTech Startups to Watch in 2020
 
Digital Transformation in the Food & Beverage Industry
 Digital Transformation in the Food & Beverage Industry Digital Transformation in the Food & Beverage Industry
Digital Transformation in the Food & Beverage Industry
 
EUFRESHINFO ICT and business Rotterdam dec 2015
EUFRESHINFO ICT and business Rotterdam dec 2015EUFRESHINFO ICT and business Rotterdam dec 2015
EUFRESHINFO ICT and business Rotterdam dec 2015
 
How IoT is changing the agribusiness landscape
How IoT is changing the agribusiness landscapeHow IoT is changing the agribusiness landscape
How IoT is changing the agribusiness landscape
 
SmartAgriHubs: connecting the dots
SmartAgriHubs: connecting the dotsSmartAgriHubs: connecting the dots
SmartAgriHubs: connecting the dots
 
Smart agriculture market
Smart agriculture marketSmart agriculture market
Smart agriculture market
 
IoT and Big Data in Agri-Food Business
IoT and Big Data in Agri-Food BusinessIoT and Big Data in Agri-Food Business
IoT and Big Data in Agri-Food Business
 
Krijn poppe vineland research 2016
Krijn poppe vineland research 2016Krijn poppe vineland research 2016
Krijn poppe vineland research 2016
 
Towards data-driven agri-food business
Towards data-driven agri-food businessTowards data-driven agri-food business
Towards data-driven agri-food business
 
AI for intelligent services in Food Systems
AI for intelligent services in Food SystemsAI for intelligent services in Food Systems
AI for intelligent services in Food Systems
 
AgroConnect PPS Smart Farming project and FIspace
AgroConnect PPS Smart Farming project and FIspaceAgroConnect PPS Smart Farming project and FIspace
AgroConnect PPS Smart Farming project and FIspace
 
Digital innovation for sustainable food systems
Digital innovation for sustainable food systemsDigital innovation for sustainable food systems
Digital innovation for sustainable food systems
 
Global smart agriculture market outlook
Global smart agriculture market outlookGlobal smart agriculture market outlook
Global smart agriculture market outlook
 
Food agriculture brochure letter_final1.27.17
Food agriculture brochure letter_final1.27.17Food agriculture brochure letter_final1.27.17
Food agriculture brochure letter_final1.27.17
 
Digital agriculture - the implications of the digital economy for the agricu...
Digital agriculture  - the implications of the digital economy for the agricu...Digital agriculture  - the implications of the digital economy for the agricu...
Digital agriculture - the implications of the digital economy for the agricu...
 
IoT in agri-food
IoT in agri-foodIoT in agri-food
IoT in agri-food
 
Smart agrifood barcelona_feb2013
Smart agrifood barcelona_feb2013Smart agrifood barcelona_feb2013
Smart agrifood barcelona_feb2013
 
Direct Marketing Farmers
Direct Marketing FarmersDirect Marketing Farmers
Direct Marketing Farmers
 

Similar to Big Expectations for Big Data - Grigoris Chatzikostas - Brussels 17.11.2017

Krijn Poppe Sofia EIPagri data driven bus models
Krijn Poppe Sofia EIPagri data driven bus modelsKrijn Poppe Sofia EIPagri data driven bus models
Krijn Poppe Sofia EIPagri data driven bus models
Krijn Poppe
 
GFAR / GODAN / CTA webinar #3 "Crossing the Donga – Accelerating Market Adopt...
GFAR / GODAN / CTA webinar #3 "Crossing the Donga – Accelerating Market Adopt...GFAR / GODAN / CTA webinar #3 "Crossing the Donga – Accelerating Market Adopt...
GFAR / GODAN / CTA webinar #3 "Crossing the Donga – Accelerating Market Adopt...
GCARD Conferences
 
The Internet of Food and Farm
The Internet of Food and FarmThe Internet of Food and Farm
The Internet of Food and Farm
Sjaak Wolfert
 
Krijn Poppe nifa data summit Chicago 2016
Krijn Poppe nifa data summit Chicago 2016Krijn Poppe nifa data summit Chicago 2016
Krijn Poppe nifa data summit Chicago 2016
Krijn Poppe
 
Latest Innovations in AgriTech Industry
Latest Innovations in AgriTech IndustryLatest Innovations in AgriTech Industry
Latest Innovations in AgriTech Industry
PritiranjanMaharana1
 
KJ Poppe on ICT for Copa Cogeca June2015
KJ Poppe on ICT for Copa Cogeca June2015KJ Poppe on ICT for Copa Cogeca June2015
KJ Poppe on ICT for Copa Cogeca June2015
Krijn Poppe
 
KJ POPPE for young farmers DG Agri
KJ POPPE for young farmers DG AgriKJ POPPE for young farmers DG Agri
KJ POPPE for young farmers DG Agri
Krijn Poppe
 
Ai in farming
Ai in farmingAi in farming
Ai in farming
Vitaliy Pak
 
Digitalization of Agriculture
Digitalization of AgricultureDigitalization of Agriculture
Digitalization of Agriculture
Deepak Pareek
 
Smart Farming in Germany and Uzbekistan
Smart Farming in Germany and UzbekistanSmart Farming in Germany and Uzbekistan
Smart Farming in Germany and Uzbekistan
Ozodbek Kuchkarov
 
Big Data and AI Revolution in Precision Agriculture
Big Data and AI Revolution in Precision AgricultureBig Data and AI Revolution in Precision Agriculture
Big Data and AI Revolution in Precision Agriculture
SaleAnish
 
Big data in precision agriculture
Big data in precision agriculture Big data in precision agriculture
Big data in precision agriculture
Self
 
Big Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdfBig Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdf
Lily Williams
 
Big Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdfBig Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdf
SophiaKelly6
 
Big Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdfBig Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdf
Maria Mathe
 
Big Data Solution in Agriculture.pptx
Big Data Solution in Agriculture.pptxBig Data Solution in Agriculture.pptx
Big Data Solution in Agriculture.pptx
Daisy Jones
 
AheadRace eLearning Module # 05 - Cloud Computing in Agriculture
AheadRace eLearning Module # 05 - Cloud Computing in AgricultureAheadRace eLearning Module # 05 - Cloud Computing in Agriculture
AheadRace eLearning Module # 05 - Cloud Computing in Agriculture
Satyavardhan Reddy
 
IoT for indian agriculture
IoT  for indian agricultureIoT  for indian agriculture
IoT for indian agriculture
Ravi Mundada
 
IoT for indian agriculture
IoT for indian agricultureIoT for indian agriculture
IoT for indian agriculture
Ravi Mundada
 
Team Triumph_Round 1_Casesoecs 1.0.pptx
Team Triumph_Round 1_Casesoecs 1.0.pptxTeam Triumph_Round 1_Casesoecs 1.0.pptx
Team Triumph_Round 1_Casesoecs 1.0.pptx
IsratJahanHridi
 

Similar to Big Expectations for Big Data - Grigoris Chatzikostas - Brussels 17.11.2017 (20)

Krijn Poppe Sofia EIPagri data driven bus models
Krijn Poppe Sofia EIPagri data driven bus modelsKrijn Poppe Sofia EIPagri data driven bus models
Krijn Poppe Sofia EIPagri data driven bus models
 
GFAR / GODAN / CTA webinar #3 "Crossing the Donga – Accelerating Market Adopt...
GFAR / GODAN / CTA webinar #3 "Crossing the Donga – Accelerating Market Adopt...GFAR / GODAN / CTA webinar #3 "Crossing the Donga – Accelerating Market Adopt...
GFAR / GODAN / CTA webinar #3 "Crossing the Donga – Accelerating Market Adopt...
 
The Internet of Food and Farm
The Internet of Food and FarmThe Internet of Food and Farm
The Internet of Food and Farm
 
Krijn Poppe nifa data summit Chicago 2016
Krijn Poppe nifa data summit Chicago 2016Krijn Poppe nifa data summit Chicago 2016
Krijn Poppe nifa data summit Chicago 2016
 
Latest Innovations in AgriTech Industry
Latest Innovations in AgriTech IndustryLatest Innovations in AgriTech Industry
Latest Innovations in AgriTech Industry
 
KJ Poppe on ICT for Copa Cogeca June2015
KJ Poppe on ICT for Copa Cogeca June2015KJ Poppe on ICT for Copa Cogeca June2015
KJ Poppe on ICT for Copa Cogeca June2015
 
KJ POPPE for young farmers DG Agri
KJ POPPE for young farmers DG AgriKJ POPPE for young farmers DG Agri
KJ POPPE for young farmers DG Agri
 
Ai in farming
Ai in farmingAi in farming
Ai in farming
 
Digitalization of Agriculture
Digitalization of AgricultureDigitalization of Agriculture
Digitalization of Agriculture
 
Smart Farming in Germany and Uzbekistan
Smart Farming in Germany and UzbekistanSmart Farming in Germany and Uzbekistan
Smart Farming in Germany and Uzbekistan
 
Big Data and AI Revolution in Precision Agriculture
Big Data and AI Revolution in Precision AgricultureBig Data and AI Revolution in Precision Agriculture
Big Data and AI Revolution in Precision Agriculture
 
Big data in precision agriculture
Big data in precision agriculture Big data in precision agriculture
Big data in precision agriculture
 
Big Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdfBig Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdf
 
Big Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdfBig Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdf
 
Big Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdfBig Data Solution in Agriculture.pdf
Big Data Solution in Agriculture.pdf
 
Big Data Solution in Agriculture.pptx
Big Data Solution in Agriculture.pptxBig Data Solution in Agriculture.pptx
Big Data Solution in Agriculture.pptx
 
AheadRace eLearning Module # 05 - Cloud Computing in Agriculture
AheadRace eLearning Module # 05 - Cloud Computing in AgricultureAheadRace eLearning Module # 05 - Cloud Computing in Agriculture
AheadRace eLearning Module # 05 - Cloud Computing in Agriculture
 
IoT for indian agriculture
IoT  for indian agricultureIoT  for indian agriculture
IoT for indian agriculture
 
IoT for indian agriculture
IoT for indian agricultureIoT for indian agriculture
IoT for indian agriculture
 
Team Triumph_Round 1_Casesoecs 1.0.pptx
Team Triumph_Round 1_Casesoecs 1.0.pptxTeam Triumph_Round 1_Casesoecs 1.0.pptx
Team Triumph_Round 1_Casesoecs 1.0.pptx
 

Recently uploaded

SAP Sapphire 2024 - ASUG301 building better apps with SAP Fiori.pdf
SAP Sapphire 2024 - ASUG301 building better apps with SAP Fiori.pdfSAP Sapphire 2024 - ASUG301 building better apps with SAP Fiori.pdf
SAP Sapphire 2024 - ASUG301 building better apps with SAP Fiori.pdf
Peter Spielvogel
 
The Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and SalesThe Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and Sales
Laura Byrne
 
Elizabeth Buie - Older adults: Are we really designing for our future selves?
Elizabeth Buie - Older adults: Are we really designing for our future selves?Elizabeth Buie - Older adults: Are we really designing for our future selves?
Elizabeth Buie - Older adults: Are we really designing for our future selves?
Nexer Digital
 
When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...
Elena Simperl
 
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdfSmart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
91mobiles
 
Quantum Computing: Current Landscape and the Future Role of APIs
Quantum Computing: Current Landscape and the Future Role of APIsQuantum Computing: Current Landscape and the Future Role of APIs
Quantum Computing: Current Landscape and the Future Role of APIs
Vlad Stirbu
 
UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4
DianaGray10
 
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdfFIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance
 
Le nuove frontiere dell'AI nell'RPA con UiPath Autopilot™
Le nuove frontiere dell'AI nell'RPA con UiPath Autopilot™Le nuove frontiere dell'AI nell'RPA con UiPath Autopilot™
Le nuove frontiere dell'AI nell'RPA con UiPath Autopilot™
UiPathCommunity
 
Assure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyesAssure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyes
ThousandEyes
 
Introduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - CybersecurityIntroduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - Cybersecurity
mikeeftimakis1
 
Generative AI Deep Dive: Advancing from Proof of Concept to Production
Generative AI Deep Dive: Advancing from Proof of Concept to ProductionGenerative AI Deep Dive: Advancing from Proof of Concept to Production
Generative AI Deep Dive: Advancing from Proof of Concept to Production
Aggregage
 
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
Product School
 
Key Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdfKey Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdf
Cheryl Hung
 
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
BookNet Canada
 
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
UiPathCommunity
 
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
Sri Ambati
 
Essentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with ParametersEssentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with Parameters
Safe Software
 
A tale of scale & speed: How the US Navy is enabling software delivery from l...
A tale of scale & speed: How the US Navy is enabling software delivery from l...A tale of scale & speed: How the US Navy is enabling software delivery from l...
A tale of scale & speed: How the US Navy is enabling software delivery from l...
sonjaschweigert1
 
PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)
Ralf Eggert
 

Recently uploaded (20)

SAP Sapphire 2024 - ASUG301 building better apps with SAP Fiori.pdf
SAP Sapphire 2024 - ASUG301 building better apps with SAP Fiori.pdfSAP Sapphire 2024 - ASUG301 building better apps with SAP Fiori.pdf
SAP Sapphire 2024 - ASUG301 building better apps with SAP Fiori.pdf
 
The Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and SalesThe Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and Sales
 
Elizabeth Buie - Older adults: Are we really designing for our future selves?
Elizabeth Buie - Older adults: Are we really designing for our future selves?Elizabeth Buie - Older adults: Are we really designing for our future selves?
Elizabeth Buie - Older adults: Are we really designing for our future selves?
 
When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...
 
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdfSmart TV Buyer Insights Survey 2024 by 91mobiles.pdf
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf
 
Quantum Computing: Current Landscape and the Future Role of APIs
Quantum Computing: Current Landscape and the Future Role of APIsQuantum Computing: Current Landscape and the Future Role of APIs
Quantum Computing: Current Landscape and the Future Role of APIs
 
UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4UiPath Test Automation using UiPath Test Suite series, part 4
UiPath Test Automation using UiPath Test Suite series, part 4
 
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdfFIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
 
Le nuove frontiere dell'AI nell'RPA con UiPath Autopilot™
Le nuove frontiere dell'AI nell'RPA con UiPath Autopilot™Le nuove frontiere dell'AI nell'RPA con UiPath Autopilot™
Le nuove frontiere dell'AI nell'RPA con UiPath Autopilot™
 
Assure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyesAssure Contact Center Experiences for Your Customers With ThousandEyes
Assure Contact Center Experiences for Your Customers With ThousandEyes
 
Introduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - CybersecurityIntroduction to CHERI technology - Cybersecurity
Introduction to CHERI technology - Cybersecurity
 
Generative AI Deep Dive: Advancing from Proof of Concept to Production
Generative AI Deep Dive: Advancing from Proof of Concept to ProductionGenerative AI Deep Dive: Advancing from Proof of Concept to Production
Generative AI Deep Dive: Advancing from Proof of Concept to Production
 
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
 
Key Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdfKey Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdf
 
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
 
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
 
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
 
Essentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with ParametersEssentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with Parameters
 
A tale of scale & speed: How the US Navy is enabling software delivery from l...
A tale of scale & speed: How the US Navy is enabling software delivery from l...A tale of scale & speed: How the US Navy is enabling software delivery from l...
A tale of scale & speed: How the US Navy is enabling software delivery from l...
 
PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)
 

Big Expectations for Big Data - Grigoris Chatzikostas - Brussels 17.11.2017

  • 1. Horizon 2020 Societal Challenge 2 Infoweek Digitising agriculture and food value chains 17 November 2017 Big Expectations from Big Data R E F L E C T I O N S F R O M I N T E R A C T I N G W I T H S T A K E H O L D E R S A C R O S S T H E E U R O P E A N A G R I F O O D V A L U E C H A I N G r i g o r i o s C h a t z i k o s t a s • H e a d o f B u s i n e s s D e v e l o p m e n t D e p a r t m e n t • c h a t z i k o s t a s @ b i o s e n s e . r s
  • 2. Ready, Tech, Grow: Agrifood and Emerging Technologies
  • 3. Mega Trends Driving Agrifood Transformation New consumer preferences Rising consumer demand for personalized, on-demand products and increasing awareness for product traceability throughout the supply chain Emerging technologies Big inefficiencies suggest finding big opportunities in emerging technologies. On average, 35% of the initial production is lost or wasted at different stages Changing value chain configurations Growing trend towards horizontal and/or vertical consolidation across the ecosystem, with new data technologies being a powerful driver CHALLENGES AND OPPORTUNITIES FOR SUSTAINABLE GROWTH
  • 4. WHAT’S READY? WHAT’S NEXT? Precision Ag: The Big Data Landscape Innovation Trigger Peak of Inflated Expectations Trough of Disillusionment Slope of Enlightenment Plateau of Productivity Blockchain Water Trading Indoor Farming Amazon for Inputs Fully Autonomous Synthetic Aperture Radar On Plant Sensors Deep learning In field wireless Hyper-spectral Uber for Tractors Farm IoT Soil Sensors Machine Learning Drones Traceability Platforms Nano-Satellites Dashboards Scouting Apps Moisture sensors Hyper-local weather Big Data Aerial Imagery Cloud Farm ERP Satellite Imagery Prescriptions VR Soil Sampling In cab display Yild Monitors NDVI Autosteer
  • 5. WHAT’S READY? WHAT’S NEXT? Precision Ag: The Big Data Landscape Innovation Trigger Peak of Inflated Expectations Trough of Disillusionment Slope of Enlightenment Plateau of Productivity BLOCKCHAIN IN-FIELD WIRELESS FARM IOT BIG DATA
  • 6. The place of blockchain in the supply chain Information Asymmetry and a Crisis of Trust How can I trust that verified data if I am two steps down in the supply chain? - Provenance.org Building Provenance REAL-TIME, TRUSTWORTHY DATA, FROM SUPPLIER TO SHELF Linking Provenance’s blockchain-backed technology with Soil Association Certification’s databases, a product’s journey enters the blockchain in real time. Shoppers can see information on their chosen organic product in real time, including the certification’s validity, the organic criteria met by a product, a map of its journey, and photographs from the farm. OriginTrail: Going beyond Agrifood • PRODUCT AUTHENTICATION & BRAND PROTECTION The OriginTrail Decentralized Network is applicable to any product supply chain; • UNIVERSAL ACCESSIBILITY A wide set of business applications, from supply chain optimization, fraud detection/prevention, • ENSURING ACCOUNTABILITY AND PRODUCT JOURNEY Ensures transparency, security and trust in products and certificates.
  • 7. Turning Data into Decisions: How to Manage Uncertainty and Rising End-user Expectations
  • 8. When it comes to AgTech, farmers have an information arbitrage advantage… they can play around with different technologies and can quickly separate the wheat from the chaff.” — Rob Leclerc, chief executive of AgFunder
  • 9. THE QUESTIONSTHE PROMISE Who can access my data? Did I get a fair deal? Is the data safely stored? Plant optimization Pest and disease identification Creating top-yielding hybrids
  • 10. The Data-Hungry AgTech World • Soothing farmers’ concerns about data misuse while at the same time enabling data collection across the entire value chain; • Ensuring seamless interoperability between applications and/or agri-services in building a robust Food and AgTech ecosystem; • Creating a framework that simplifies decision making in a wide range of business applications; Investors see promise in agricultural technology that goes beyond data. Venture- capital investments in the agricultural sector overall rose to $560 million last year from $201 million in 2015.
  • 11. Data buyers and farmers enter into relationships wherein both can participate in value creation. Revenue is evenly split with farmers. ROI GUARANTEE An ag data collection and software service, Farmobile empowers farmers with complete year-over- year data gathered in real-time and data ownership DATA AS A SERVICE Farmers decide whether to approve offers. Data buyers such as dealers, agronomists, crop insurance agents only pay for the information they desire. FROM DATA TO PRODUCT 1 2 3
  • 12. Farmers decide whether to approve offers. Data buyers such as dealers, agronomists, crop insurance agents only pay for the information they desire. EQUITABLE TERMS Farmobile offers farmers legal agreements that govern the ownership and control of their agronomic data BOTTOM LINE OWNERSHIP Buyers get a direct link for data collection with baseline customers , utilizing unique field data to create value and growth for their own clients (e.g. AgI) THE RISK VS. REWARD 4 5 6
  • 13. End-user Engagement: Delugged with Data, Hungry for Insights
  • 14. Connecting the Dots: Toward an AgTech Ecosystem BUSINESS CHAIR KPIs EVALUATION Measurement & Monitoring Applying Lean Principles in a Multi-Actor Context The Innovation Funnel: From Idea to Market Living Labs: Harnessing Smart Interactions ECOSYSTEM CHAIR END-USER FEEDBACK Involvement & Co-Creation TECHNOLOGY CHAIR IMPROVEMENTS Finetuning DEMO MVP3 MVP2 MVP1 Living Labs: Harnessing Smart Interactions CO O PERATION IS K EY An open innovation environment between ICT & agricultural industries DEFY STEREOTYPES Broken stereotypes between technology developers & end-users CO - CREATION AT TH E TO P Co-creation and validation of ICT solutions for agriculture in real-life setting IDEA FUNDING SUP P ORTING SERVICES MARKET ACCEPTANCE
  • 15. Feeding the Big Data Supply Chain Improving analytics capabilities through crowdsourcing Using the knowledge and expertise of bright individuals outside the organization to accelerate internal innovation; Harnessing the power of ecosystem-based innovation Tapping into diversity directly through online open innovation platforms for idea generation and solving complex business problems; Using the crowd as an innovation partner Getting people to work on clearly identified challenges, collaborate and submit solutions through open innovation platforms; Open innovation in agriculture as a challenge The 2017 Syngenta Crop Challenge addressed the need to feed a growing world population with decreasing agricultural land; Syngenta: Open Innovation & Crowdsourcing Platform
  • 16. The commodity measured in bytes, not bushels The Big Question: Is Deep Learning Ripe for Evaluation? The potential for deep learning in agriculture • Handle uncertainty, offer context- and location-based decision support; Agriculture is one of the most uncontained environments to manage • More rapid adoption for development of new seeds, fertilizers, or crop protection products than for in-field precision agriculture applications • Automatized condition monitoring in automated / programmable greenhouses Open questions • Feeding the algorithm with data and training it; • Addressing large gaps in data collection, preparation & benchmarking capabilities; • Scaling to a real world farm through open infrastructures, open innovation models & collaborative spaces; The issue: Models need better traction with farmers Crop models have been driven by the integration of new research rather than by real-life practical problems and requirements of end-users.
  • 17. Tradition and AgTech: Finding the Right Balance INCLUSIVE SUSTAINABLE CIRCULAR La Matanza – A hundred year tradition rooted in sustainability And who can pick winning AgTech better than the people who matter most: farmers? Fostering farmer-driven, market propelled innovation, fueled by collaboration and experimentation in open real environments must be an integral part of creating sustainable AgTech products and services.