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Smart Farming to Boost Sustainability

Australia Smart Farming Partnerships

Australia’s La Trobe University has been awarded AU$ 2.5 million for a project aimed at improving environmental performance and climate resilience among agricultural producers.

According to a recent press release, Minister for Agriculture Senator Bridget McKenzie and Member for Nicholls Damian Drum announced funding for the National Landcare Program, Smart Farming Partnerships initiative.

Benefits of Smart Farming Initiative

  • They shared that it is a cutting edge approach to putting value on farms’ natural assets and sustainable practices.
  • The University’s Deputy Vice-Chancellor (Research and Industry Engagement) explained that the project would enhance agricultural productivity at a time when new approaches to sustainable farming are in demand.
  • The successful consortium, which is developed and led by the University, will provide a means for farmers, who adopt sustainable practices, to measure the benefit of their efforts to improve the environment.
  • It is important work and the University is proud to be leading it.

The Initiative

  • The Chief Investigator, who is from the University’s Centre for Future Landscapes, shared that the project will develop farm-scale “Natural Capital Accounts” (NCA).
  • This will enable producers to quantify the benefits of sustainable practices and optimise farm management for both production and environmental outcomes.
  • Researchers will work with 50 farms across New South Wales, Victoria, and Tasmania from 2020 to 2021.
  • Their work will include assessing financial, production and environmental performance to provide verifiable information about the value of natural assets such as soil carbon, vegetation and biodiversity on those farms.
  • Customised farm-scale Natural Capital Accounts will enable producers to leverage their environmental performance for market advantage.
  • Moreover, it will provide potential investors with information on the sustainability and long-term profitability of farming entities.

Problems Addressed

A project member from the Australian National University said the project will address a lack of empirical evidence and robust statistical analysis about relationships between natural capital and farm profitability, which is hindering wider uptake of sustainable agricultural practices.

The lack of methods to generate standardised, verifiable information on the relationship between environmental performance and farm productivity hinders the ability of producers, who do adopt sustainable practices, to quantify their contribution to an improved environment and how much they benefit financially from these practices.

Farmers are the stewards of large tracts of land and this project will yield many benefits for farmers in both the short and long term.

The project will form the cornerstone for proving the value of nature for farming.

The project involves 10 consortium members from across the agricultural, government and non-government organisation sectors.

It includes La Trobe University and The Arthur Rylah Institute at the Victorian Department of Environment, Land Water and Planning, among others.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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