Australian farmers and investors will be better informed to make agricultural decisions thanks to a new platform that comprehensively assesses and monitors land.
Launched today by CSIRO and startup Digital Agriculture Services, the Rural Intelligence Platform delivers reliable farm data and analytics directly to farmers, industry and government bodies.
Minister for Industry, Science and Technology Karen Andrews welcomed the new platform as the next step in Australia’s digital agriculture progression.
“Farmers, investors, industry, policy makers and state and federal government bodies now have access to helpful rural data and analytics in a user-friendly platform,” Minister Andrews said.
“This platform will greatly help in the efficient allocation of resources, development of policy, and detecting and responding to investment risks.”
“Projects like this ensure Australia will be a leader in digital agricultural technologies on a global scale.”
The platform uses satellite imagery to track paddocks and their performance over time, incorporating information from Australia’s digital soil map and interpreting climate information to show drought, frost, heat stress for livestock and other potential risks.
The platform combines artificial intelligence, machine learning and cloud-based geospatial technology and incorporates an Automated Valuation Model capable of valuing rural properties instantly; and with up to 90 per cent accuracy.
The Liberal National Government is committed to helping Australian farmers and industry, ensuring more job creation and a strong national economy. That’s why we’re investing approximately $2.4 billion in growing Australia’s research, science and technology capabilities, as announced in the latest Budget, to ensure technology like this can assist our farmers.
The Coalition has provided $1.1 billion in funding for the National Innovation and Science Agenda, of which the CSIRO Innovation Fund is a key element.