How IoT is Transforming the Agriculture Market

Due to the mainstream adoption of the Internet of Things (IoT), connected devices have penetrated almost everywhere, right from energy, healthcare, home automation to retail, and the oil and gas industry. The impact of IoT has been observed in most sectors, and the sphere of agriculture is no different. It has brought forth a plethora of technological transformations in farming practices and tremendously improved every facet of agriculture. Now, farmers are less likely to rely on age-old techniques and use horses and plows for farming. By leveraging smart gadgets, they have gained more control over the process of growing crops and raising livestock, thus making their farming practices more predictable as well as efficient.

In this article, we will shed light on the benefits of IoT in the agriculture industry and explore its use cases to have an idea of how it is revolutionizing this industry. So, if you are planning for IoT mobile app development and embracing smart farming, dive right in.

How smart farming is levelling up the agriculture market

According to Business Insider, the IoT-enabled agriculture solutions will hit a milestone of 75M by 2020. Meanwhile, another report says that the global smart agriculture market will reach a massive amount of $15.3M by 2025. So, we can say that with the continuous evolvement of this market, the IoT mobile app development can help you to stand out as an early adopter and climb the ladder of success within the coming years.

Let’s have a look at the benefits of smart farming.

Deeper insights into internal operations

Smart agriculture sensors have the potential to gather tons of data about soil quality, weather conditions, cattle’s health, and crop growth progress. This data can give you deep insights into your staff performance, equipment efficiency, and thus, track the state of your business.

Better control over the internal processes

More control over the internal operations, lower will be the production risks. IoT products enable you to predict the outcome of your crops and plan for better distribution. If you know the volume of crops you are going to harvest, you can make sure that your product won’t lag behind and lie around unsold.

Cost management and waste reduction

The increased control over the production using the IoT solutions can help you to detect the anomalies in livestock health and crop growth. Hence, you can mitigate the risks of losing your yield.

Improve business efficiency

Smart farming solutions can allow you to automate multiple processes like irrigation, fertilizing, pest control, etc. across your crop production cycle and increase your productivity considerably. Automation can also help you to maintain high standards of your crop quality as well as growth capacity.

All these benefits can eventually improve your bottom line.

Now that you are aware of how IoT can benefit your farming, let’s have a look at the real-life implementation of IoT in the sphere of agriculture.

IoT use cases in agriculture

Climate monitoring

Weather stations combined with various sensors are probably one of the sought-after smart agriculture gadgets. They are generally placed across the field to garner a variety of data from the environment and send it to a cloud. The gathered data can be used to map the weather conditions, select appropriate crops and take necessary measures to enhance their capacity.

Greenhouse automation

Apart from collecting environmental data, weather stations have the potential to adjust the conditions according to the given parameters. Specifically, smart greenhouse automation systems work on a similar principle. Incorporating a smart sprinkler controller into your greenhouse system can allow you to manage your lighting and irrigation systems remotely.

Crop management

One more type of IoT-enabled product in agriculture and another element of smart farming is crop management devices. They should also be located in the field to gather data specific to crop farming. This data can range from precipitation and temperature to leaf water potential and crop health and help you to keep an eye on the growth of your crop and any anomalies to immediately prevent any infestations or diseases that can harm your product.

Cattle monitoring and management

Similar to crop monitoring, some sensors can be attached to the animals to examine their health and performance. Companies also use smart agriculture sensors to get an abundance of insightful data about the health, activities, and nutrition of each cattle as well as collect information about the herd.

Comprehensive farm management systems

Adopting farm productivity management solutions is the best approach to streamlining agricultural operations. These systems generally possess a number of IoT devices and sensors, installed on the field, as well as a robust dashboard having in-built analytical capabilities and reporting/accounting features. Such an end-to-end solution allows you to monitor and streamline most of your business operations remotely.

Final Words

Smart farming has become a necessity for agriculture businesses to thrive in this competitive world. With the high-quality IoT mobile app development, farmers can effectively cope up with all the challenges they encounter in their conventional farming practice. Additionally, the profound insights derived from sensors can help them to be more careful in their use of fertilizers and pesticides, thus mitigating hazardous environmental impacts.

In brief, correct IoT implementation in agriculture can address and overcome many challenges along with increasing the quality, quantity, and cost-effectiveness of agricultural production.

How IoT is Empowering the Oil & Gas Industry

The Internet of Things (IoT) has been fostering digital transformations for almost every industry across the globe. Like other industries, oil and gas (O&G) industry is also riding high on IoT wave.

Companies, which gave off the conventional old-decade vibe, are gradually identifying IoT connectivity as a significant growth driver and gradually investing in IoT development services and solutions to reshape their business smartly.

Honestly, digital transformation headwind elevated throughout this oil & gas industry in the 1990s, but unluckily, failed to bring a revolution. Coming to the present, this sector has almost reached the pinnacle of digitization with IoT advancement. The way it is leveraging the growth of IoT might outplay other capital-intensive industries in the process.

Below, we will discover how IoT is benefiting the oil and gas industry, study its use cases to have an idea of how it can transform the O&G sector.

Benefits of Internet of Things on O&G:

Taking today’s global warming issues, volatile prices, the activity of environmental activist groups, and the difficulty in creating new energy sources into account, we can say that IoT mobile app development could be a boon for many organizations. The use of IoT to its full extent can yield below-written benefits to the oil and gas industry.

Magnify productivity

The implementation of IoT in the O&G sector can facilitate the whole process of oil and gas extraction and optimize the expenses.

Increase safety

Internet of Things alleviates a plethora of risks and errors that are often caused manually.

Facilitate futuristic decision making

IoT provides real-time data analytics for making data-driven decisions about the next steps in research, extraction, refinement, and logistics of the oil and gas sector.

Reduce waste

IoT-driven O&G industry is also focused on eradicating the risks of leakage or asset damage and making the environment more friendly.

Automation

IoT automation reduces machinery downtime in case of breakdowns and crashes. With fewer human factors, the Internet of Things also decreases the chances of accidents and accounts for increased employee security.

At one fell swoop, IoT adoption helps organizations to avert accidents and disruptions, make the whole development process more predictable, increase revenue, outstand competitors, and expand market share.

IoT use cases in the O&G sector

Each oil and gas company adopts IoT differently, based on their business needs, perspectives, and objectives. In the case of O&G, the market segment is considered to be a decisive factor. Now, let’s explore top use cases of the Internet of Things in the oil and gas industry.

Preventive equipment maintenance

Preventive maintenance plays a significant role in O&G. Predictive analysis the most common cause of revenue loss in oil and gas companies i.e. Unproductive time. For the upstream segment, tracking equipment conditions are deemed the most pressing challenge.

Most of the oil and gas mining is done in areas that are difficult to access and usually, an onsite presence is mandatory to discover breakdowns and check if any piece of mining equipment needs repair. The Internet of Things allows companies to track the state of the machinery in real-time and avoid downtime.

Real-time tracking of tanker fleets

IoT sensors for O&G tankers monitor all the parts of the ship that are carrying products remotely and examine transportation facilities that are difficult to reach. These sensors also enable real-time location tracking of any particular tanker and increase the efficiency as well as the safety of transporting O&G products.

By employing GPS, satellites, and mobile data, IoT solutions provide live updates on the state of assets and quickly respond to any changes taking place in equipment operation.

Workers protection

Oil and gas is a hazardous business that is prone to massive onsite accidents. The roughnecks and drillers work in the riskiest conditions and daily subject themselves to risks and injuries. IoT meticulous inspection helps to eliminate the chances of a breakdown in the equipment. In the coming future, smart, automated machinery will carry out most of the potentially risky operations by eliminating human intervention.

Advanced data analytics

Precisely, IoT is all about garnering data and using it to obtain valuable insights. Equipped with sensors, oil and gas production sites like oil fields, pipelines, and refineries have the potential to gather, store, and analyze massive data. Some of this data is time-sensitive. For instance, leakage and equipment breakdown, which need to have a higher priority as compared to all other data types.

Earlier, the satellite was the only medium to transfer the data, which was a time-consuming process. IoT leverages low power wide area networks (LPWAN) for transmitting data and edge computing to process giant data sets. This allows IoT-enabled solution to rapidly provide insightful data to end-users in comprehensive and easy-to-read formats.

Supply chain management

IoT adoption has made the complicated procedure oil and gas extraction easier than ever. It offers unparalleled equipment for managing the supply chain. The IoT sensors collect the data, notifies the refineries about the oil types that have been delivered to enable them to make great inventory, manufacturing, and operational decisions.

In downstream O&G, IoT solutions notify distributors when clients are running out of the stock. In the United States, where many homes use heating oil, companies use IoT solutions, which inform both clients and distributors about the oil levels and refill it time-to-time. These solutions also allow distributors to keep an eye on the consumption and make a consumption plan for months in advance.

Remote inspection of equipment

Remote inspection is critical for preventing accidents. For instance, oil leakages generally result in environmental problems, substantial revenue losses, and acute damage to the company’s reputation. IoT mobile app development solutions not only detect leakages and notify the concerned person about the issue but also inspect all types of O&G machinery automatically and avert emergencies.

Companies use IoT sensors to inspect the condition of the filter, pumps, and other core components. IoT solutions also facilitate real-time inspection of pumpjacks and wellheads, allowing the business to ensure sustainability, prevent accidents, and meet international standards.

Final Words

IoT solutions are helping the O&G sector, right from downhole sensors to surface control valves, to obtain real-time insights in the analytics. Also, the connected devices will touch all the bases of the oil and gas supply chain, which results in accelerating operations and creating a safer work environment for the entire O&G field. In short, IoT is not just technology anymore. It is an excellent opportunity for the legacy oil and gas industry to transform and thrive in a commoditized world rapidly.

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