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Food is an essential human need after air and water.  We have come a long way since our ancestors took up agriculture about 10,000 years ago. Until a decade ago, nobody really thought that we will run out of food. But today, ask any agro expert and he would acknowledge that the only question bothering him/her is how we are going to feed close to 9 billion people by 2050.

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Technology is changing at an astronomical speed so IT function will continue to change over time as new technology/products hit the market, as the economy shifts and as business needs change. 100 years of our collective IT experience makes us believe that the IT function will continue to add tremendous value to your business.  All you need is to ensure these 4 steps:

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In 1975, the then US Secretary of State, Henry Kissinger, had made a strong recommendation that post-harvest losses should be cut by 50% by 1985. We are in 2015, 3 decades later the post-harvest losses still account for one-third loss of the overall food produced in this world. Challenges are more pronounced in the developing countries. The most prevalent question connected to the post-harvest loss is: “How can the world adequately feed more than 9 billion people by 2050 in a manner that advances social and economic development while reducing pressure on ecosystems, climate, and water resources?”

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Agriculture accounts for 6.8% of total gross capital formation. India ranks amongst Top 3 globally in the production of fruits & vegetables, Spices and some food grains. India is amongst Top 10 leading exporters in the world. India’s export grew at a CAGR of approximately 25% in the last 5 years. FDI inflows in the agricultural sector has touched USD $2Billion.

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Software products and custom software are being used by many in the manufacturing industry. Does they really help? Or they increase the cost overheads? Hence, generally it is seen that software, for eg, in a manufacturing organizations mean an accounting software and few excels. But this is not sufficient.

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