BofA AgTech Event 2024
Ron Baruchi
President and CEO of Agmatix
IMPORTANT LEGAL NOTES
Disclaimer and safe harbor for forward-looking statements
Investors should read this business presentation in its entirety and seek professional advice before deciding to apply for investment. This presentation contains forward-looking statements which include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management's beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and the actual results may differ materially from those expressed or implied in the forward-looking statements.
Prospective investors should be aware that an investment in the company is speculative and involves a high degree of risk. If any of the risks described in this document actually occur, the company may not be able to conduct its business as currently planned, and its financial condition, operating results, and cash flows could be materially and adversely affected. In that case, the company's market price could decline, and all or part of an investment in the company could be lost.
All information is provided "as is" with no guarantee as to its accuracy or completeness and without any claim, representation, or warranty of any kind (express or implied), including, without limitation, any warranties of suitability, reliability, applicability, merchantability, fitness, noninfringement, result, outcome or any other matter. We expressly disclaim all liability with respect to actions taken or not taken based on any of the contents herein.
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AT A GLANCE
Founded in 2021 by ICL, as part of ICL's innovation eco system that includes internal accelerators, open innovation as well as our own start ups to drive sustainable growth.
+50M
FIELD TRIALS
MEASUREMENTS
The largest global standardized data set of field trials
+1K
AGRONOMISTS
ON PLATFORM
Large community of
agronomists and crop consultants
100
EMPLOYEES WITH
GLOBAL FOOTPRINT
Top agronomy (17%), data
scientist, and engineering talents (53%)
+20K
FARMERS
SUPPORTED
Impacting large scale and
small holder farmers globally
15M
ACRES COVERED
GLOBALLY
Wide geo location coverage
including US, LATAM, Europe, Asia and Africa
60%
OF LEADING AG
UNIVERSITIES
Trusted by the leading Ag
universities and scientists globally
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SHAPING TOMORROW'S AGRONOMY
Farming of the future will become data driven, integrated, and powered by AI to support
sustainable agriculture
DAILY DATA INFLUX ACROSS AGRI-FOOD VALUE CHAIN
Agriculture data is growing" exponentially year over year and is estimated that by 2036 data points collected on the farm will increase by more than 800%. (IDC 2023)
Experts predict that"by 2050 each farm will produce around 4.1 million data points daily. (FAO Meola 2016)
It is estimated that "a single corn season in the US generates 900 terabytes of agriculture data. (Kansas State University Department of Agricultural Economics 2021)
TRANSFORMATION IN AGRONOMY THROUGH AI INTEGRATION
"
The number of publications and citations for AI in agriculture have tripled over the last three years. (Oliveria at al 2022)
"
39% of farmers globally are using digital tools or plan to use them in the next 2 years. (Mckinsey 2023)
"
The proliferation of generative AI applications is ushering in a new wave of workforce productivity and machine creativity. (IDC 2023)
Source: Artificial intelligence in agriculture: Benefits, Challenges and trends (June 2023) | automatic learning in agriculture: A survey June 2021
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001 | Integrated |
plant health |
002
Nutrition + Crop
003
Protection + Biologics
Soil health and
regeneration
SUSTAINABLE RESILIENT AGRICULTURE
Integrating data with a holistic, scientifically- backed approach is essential for enhancing yields, sustainability and resilience
INTEGRATED AGRONOMY
Data-Driven & AI-Powered Maintaining Biostability
Optimize
agriculture
practices
Efficient
irrigation
management
Minimizing
climate risks
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Our Solutions
DATA-DRIVEN SOLUTIONS
One platform with modular solutions and shared data infrastructure
AXIOM ™
Accelerating R&D via Data | Sustainable Ag Practices | AI/ML Modeling |
Efficiently plan, manage, and evaluate | Manage, collect, and utilize on-farm data | Implementing AI crop models to |
pilots and trials to drive innovation and | with an adaptive frameworks for | predict different variables (crop |
improve go to market cycle times | sustainably across scope 3 | growth, soil water or soil nutrients) |
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AXIOM TECHNOLOGY
Shared agronomic capabilities with disruptive data technology
ML & Generative AI Data Capabilities
Data-as-a-Service (DaaS) powered by AI capabilities like digital twins, synthetic data, and ML models-as-a-service.
Advance Analytics Layer
Advanced analytics layers provide quick and ready-to-use statistical and descriptive analytics capabilities.
Agmatix Data Model
GUARDS (Growing Universal Agronomic Data Standard) ontological model for standardized and unified data curation.
Graph DB Technology
Adaptive data structure to represent the complex and dynamic agronomic domain with external enrichments and API.
SaaS Cloud Infrastructure
Secured, scalable, flexible, and cost- effective data storage and processing.
12,000+
Agronomic entities represented
166
Data on crops
150+
Data from countries
8+
Agronomic domains
- IP: one pending patent in IL, one provisional patent in the US with additional potential to generate IP and trade secrets during 2024
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BRIDGE RESEARCH TO VALUE CHAIN
Agmatix Connects R&D to Farms and Downstream to the Value Chain via Data
FROM DATA TO IMPACT
R&D / Marketing Field Trials | In Field Crop Optimization | Sustainability Monitoring |
Leverage data | Downstream |
from R&D trials | |
analytical | |
to digital ag | |
insights across | |
practices | |
the value chain | |
optimization |
• Execute field trials and validate data | • Utilize demo plots and testing for sales & marketing | • Leverage AI/ML Agro-modeling |
• Analyze trial results (single and cross-analysis) | • Integrate satellite data layers | • Monitor regenerative ag practices |
• Digital twin testing capabilities | • Upload and manage soil, leaf, and water testing data | • Track KPIs via Sustainability index |
• Reporting and regulatory file preparation | • Manage crop protocols per field, stage, and season | • Provide supply chain visibility |
• Ensure trial governance and control | • Create digital prescriptions and decision support | |
• Data standardization and enrichment | systems |
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NEXT GENERATION FIELD TRIALS MANAGEMENT
Plan, orchestrate and analyze agronomic trials in a standardized and intuitive way
+25%
More accurate trial data
+15%
Increase in trial data interoperability
+20%
Improve operational efficiency of trials
3X - 6X
The analysis potential with Agmatix
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30% REDUCTION IN THE NUMBER OF TRIALS
AI-DrivenField-Testing Optimization: Accelerating Product Development
AI-Driven Digital Twin & Synthetic Data
Digital twin field-testing capabilities: mix of simulated and actual field testing
Reduce risks in field testing programs via AI-driven simulation
Model agronomic outcomes based on representative farms
"
Gartner estimates that by 2030, synthetic data will completely overshadow real
data in AI models. (Gartner 2022)
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ICL Group Ltd. published this content on 06 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2024 12:59:00 UTC.