By 2050, the world population will reach 9 billion people - and food requirements will increase by 70%. Agroop can provide an important contribution to make sure that the farming sector is able to keep up with the demand.
The smart agriculture market is estimated to be worth USD 7.53 billion by 2018 and USD 13.50 billion by 2023, at a CAGR of 12.39% during the forecast period.
Agroop has developed a “must-have” solution, since it delivers two strong value propositions: water management (scarcity) and crop protection (diseases and fungi).
Agroop’s first case study showed that a potato farmer can save 32% in water and 32% in energy, increase their net production by 12,6%, and improve their crops’ quality by using Agroop's technology.
In less than one year, Agroop has validated its business model and its product’s traction, spreading more than 120 Stoock sensors around the world.
Agroop’s product’s high scalability has made it possible for us to reach 8 countries in 3 different continents - in less than one year and mostly organically.
Now that Agroop has validated its business’ scalability and its product’s traction, it’s time to focus on big markets where Agroop already has customers, early-adopters and partners.
Agroop has proven that not only does it have a viable business model, it can execute its strategy successfully. The reasons behind that? A highly focused, forward-thinking management and a talented team.
Many startups are trying to evolve into what we call "Big Data" and Agroop has the same ambition. However, to reach that target, it’s essential to reach a big number of data points (users/devices). Find out how we intend to do that.