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FlyAgData
IoT agritech solution
Ukraine, Vinnytsia region
Market: Food industry, Farming
Project stage: Operating business
Market: Food industry, Farming
Project stage: Operating business
Idea or High Level Concept
Flyagdata - a system that collects agronomical and machinery data online, transferring it to valuable insights/analytics to farmers.
Territory of the product or service implementation
Global (world)
Traction and Current Status
ARR - $150k
10 clients as TOP-50 agricompanies in Ukraine
100 devices sold
10 clients as TOP-50 agricompanies in Ukraine
100 devices sold
Problem or Opportunity
Farmers overseed, overspray, overapply, etc
Retro machinery with high-end sensors can not be monitored properly
Lack of quality control of agri-operations
Retro machinery with high-end sensors can not be monitored properly
Lack of quality control of agri-operations
Solution
A FlyAgData device can be connected to each type of machinery (seeder, sprayer, harvester, etc), we collect data from it using different protocols. Then, raw data is being processed in a Cloud-based database through our algorithms. Finally, we transfer updated data to clients' Farm Management Systems.
Key takeaways that farmers receive:
Monitoring ongoing work online;
Tracking their KPIs;
Forecasting future work.
Key takeaways that farmers receive:
Monitoring ongoing work online;
Tracking their KPIs;
Forecasting future work.
Customer Segments and Market
Farmers from 1k to 200k+ ha
Revenue Streams and Cost Structure
Margin - 75%
Business Model, Chanells, Metrics
Fixed price per device - $1500
We are developing our analytical unit and we will charge Subscription fee (SaaS) - 1-2$/ha
We are developing our analytical unit and we will charge Subscription fee (SaaS) - 1-2$/ha
Competitors and Existing Alternatives
Farmobile
Fieldview
CaseIH
JohnDeere
Fieldview
CaseIH
JohnDeere
Advantages or differentiators
Versatile plug-in of FlyAgData device
API integration with various popular Farm Management Systems
Constant online data monitoring and collection even if the signal on the field is poor
API integration with various popular Farm Management Systems
Constant online data monitoring and collection even if the signal on the field is poor
Incubation/Acceleration programs accomplishment
Nest Bootcamp
Won the competition and other awards
Invest Ring - 1st place
Money will be spent on
Will be allocated to R&D and Marketing&Sales
Team or Management
Presentation
Personal video message from the author
Location of the enterprise
Ukraine