Agriculture is undergoing a tremendous transformation in the collection and use of data to inform smarter farming decisions. There are references to such products like Farminsight, Echelon, Maglis, or FieldView , Granular with major players like Monsonto, DowDuPont, John Deere, BASF, Bayer and others. Details can be found in literature. it not certain whether the start of the trend happened after introduction of GPS sensors enabled tractors, but it was the oblivious start for reference. Farmers and entrepreneurs are starting to compete with agribusiness giants over the byte of information – data.
Recently the term Digital transformation has been used widely to refer to different things. When we refer Digital Transformation, it means different for different people. When some look from the perspective of business it means new way of doing business, innovative way of engaging customers or even way to reduce the costs of operation. When the same is looked from a perspective of technology it means ability to make use of emerging technologies like cloud, Big data, IoT, Robotics etc. When the same is seen from a commercial view, it means opening business without any capital expenditure or even service-based management using subscription methods
A strategic paper mention’s that around 60% of human tasks will be automated by year 2025. The level of automation has become very sophisticated due to the availability of different technologies. The intelligent enterprise which evolved from mainframe era, comprises of business suite, digital platform and intelligent technologies. These Intelligent technologies consists of AI/ML & IoT, Block Chain, Big Data and Data intelligence and Analytics. These technologies help in experimenting with cost effectiveness and risk potential to come out with improved processes, increased revenue. There are various ways by which these intelligent technologies can be consumed either by embedding within the applications, industry innovation kits or by means of open innovation for best in class approach. Here’s is a overview of different segments of Leonardo and their features.
Lets now look into each of Leonardo component in more details.
In the next five to ten years, it is anticipated block chain will change the business models in all types of industries – all perhaps change including the way people work and live. Blockchain is a database encompassing a physical chain of fixed length blocks that include transactions i.e.,, are open, distributed ledger that can record transactions between two parties efficiently and in verifiable and permanent way.
Product manufacturing has a set of desired usages and intended usages. Sometime the list of usages are required to be communicated to regulatory authorities for registration purposes for example REACH. Not all the times product usages follow the intended list and some times user use / abuse the chemical wrongly and it needs careful analysis. Such misuse of chemicals result in health implications for example allergies to exposed area or other issues. User generated content from social media platforms can provide early warning about the product usages and resulting adverse effects if any, and how the product intended uses are managed. Such analysis will help companies plan for the product safety stewardship related management. Whenever group of people discuss about a given product or brand we can retrieve sentiment about the product. By monitoring the exchange of information or conversation in a set of population the adverse effects can be predicted. (more…)