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Agritech is one of the fastest growing industries, but out of the whole industry potential, agritech employees still need 60% more additional skills in the IoT field.
The Internet of Things (IoT) in Agriculture, including smart farming and connected farming, represents a more specific use of technology wherein agricultural planning and operations become connected in ways previously impossible if it were not for advances in sensors, communications, data analytics, and other areas.
IoT or Internet of Things has been proven to have the potential to continue to bring innovation, efficiency, and increase productivity in the agricultural sector. IoT has become one of agritech focus that could be a hindrance because the number and ability of staff that is less comparable to continue to implement the existing business model.
IoT is causing a shift from traditional farm management personnel and tools towards a software-managed operation that is managed by people unskilled in traditional farming practices. The agriculture business will be controlled by companies that are not conventional experts of agriculture, such as farmers and traditional farm value chain, including farm equipment makers, seed suppliers, and producers and suppliers of plant foods and chemicals.
With the shift in mind, software developers and companies that offer predictive data analytics will take over control of end-to-end agricultural operations to improve more things.
One way to develop a successful agritech business is to build cooperation with third parties that are able to maximize the potential and capabilities of the Internet of Things. Of course, you should look at the company’s portfolio first in the usability of the internet of things. With greater economies of scale, specialist partners can draw together complex IoT solutions across multiple communication networks, including satellite and cellular data, to deploy sophisticated, automated IoT networks across the agricultural industry.
With the seriousness of building skills in Internet of Things and enable cooperation with third parties, business success is not only a discourse.
Tanibox was founded legally in 2017 and has two legal entities in two countries, namely Tanibox OÜ as an Estonian entity, and PT Tanibox Agritech Indonesia as an Indonesian entity. We opened the Estonian legal entity to hire more talents from European Union (EU) with different backgrounds and to enter its market in the future. For the Indonesia entity, it’s because that was where our business started and we know the market like the back of our hands.
The company co-founded by three highly experienced software developers, and supported by an angel investor. Two of the co-founders are serial entrepreneurs that had built several businesses before Tanibox.