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A report released earlier this month by StartupAus highlights the potential for Australian Startups to be a part of a US$189 billion global industry.

While AgTech has great potential for innovation in startups, on the farm the introduction of technology provides tools, data and knowledge to make more informed and timely on-farm decisions and improve productivity and sustainability.

Powering Growth: Realising the potential of AgTech in Australia, co-authored by KPMG and partnered with the Queensland Government, aims to uncover the opportunities for Australia in the emerging market of pre-farm gate digital technology.

With a vision for a $100 billion agricultural industry in Australia by 2030, the report investigates how investment in research and innovation from government and private investors can support this target.

You can download the report from the StartupAus website (requires email address to unlock the download).

You may also like Precision Agriculture: IoT in the Field

 

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