Agribusiness is the pillar of the Brazilian economy: in August last year, the segment represented 27% of Brazil's GDP. Because it's so important, It is natural that managers in the area are investing in technologies to renew functions and improve their businesses.
Just as the use of drones has become an alternative for increasing productivity in the fields, Rural producers and agroindustry entrepreneurs have increasingly invested in the use of intelligent tools.
Like this, digital and precision agriculture remain on the rise. In addition to productivity aid, the solution guarantees efficiency and savings in the segment. Understand how BI contributes to strengthening agribusiness!
What is Business Intelligence?
Reports, real-time automated charting and analysis: BI is a management system that monitors data through various sets of techniques and methods. Because it is based on data manipulation, the software is applicable in any segment, including in agribusiness.
Managers of different levels and sizes have better insights at their hands to make more assertive decisions. In the end, the system uses internal and external information to generate responses, avoiding common errors in monitoring without technology.
5 benefits of BI for agribusiness
The use of technologically advanced techniques facilitates the management of agricultural processes as a whole. This ends up impacting all agribusiness biases due to access, integration and sharing of relevant information. Check it out 5 reasons to bet on BI:
Planning of production stages
Successful agribusinesses work with precision agriculture, ensuring productivity. Cross-referencing current data with historical data, the BI system increases efficiency in the production stages, reaching the appropriate use of inputs and machinery logistics. Like this, improvement can be made continuously, scaling productivity.
Increased ROI
Agribusiness requires high medium and long-term investments. Through the finance panel, BI enables financial control as a whole. Studies carried out in the technology sector show that businesses that use this type of solution can obtain an ROI (Return on Investment) from until 127% within a few years.
Predictability and operational savings
Cost reduction is the objective of growing businesses. With BI, Cost and process management are facilitated through monitoring indicators. Like this, the entrepreneur has predictability regarding seeds and other inputs available according to the production chain. Furthermore, performance and financial monitoring allows savings on fertilizers, pesticides and labor.
Reduction of logistical failures
Periodic data monitoring ensures more assertiveness. Logo, the farmer or businessman closely monitors each sector and makes the correct predictions to correct detected flaws. This can be applied from the production chain, even financial aspects, deliveries, partnerships and the purchase of inputs with the best cost-benefit.
Competitiveness in the market
Insights are not restricted to data from one farm or industry. Using the tool, the producer can check indicators for the entire segment, making comparisons with competitors and identifying market trends. Like this, planning can be adapted into different strategies.
Have sustainable and strategic management!
Providing the necessary support, UpQuery developed a real-time system, safe and intuitive. Get in touch to find out how to implement our system Corporativo!
