Satellite based Decision Intelligence for Agricultural Value Chain
Stage of adaption :
Cultivation Planning Stage, Cultivation Stage and Post-Harvest Stage
SatSure’s bespoke geospatial big data platform combines satellite imagery, proprietary algorithms,with weather, IoT, drone imagery, social and economic datasets, and cadastral amongst others to generate near real time location specific insights. The following components are a part of SatSure’s core technology:
Satellite Big Data & cloud computing
Satellite image processing is a compute intensive activity, due to the large data size and pre-processing requirements. The rich historical archives of satellite image data & increased frequency of observations has lead to time-series analysis of satellite images, providing a unique observation method for crop detection, performing change detection in crop health and moisture, leading to insight generation at a large scale.
SatSure’s crop detection algorithms make use of Artificial intelligence for crop pattern recognition, along with regular training data collection through ground surveys to validate the results which arises due differences in farming techniques and irrigation availability.
SatSure uses data science in combination with geospatial sciences for better services to farmers and data-drive government scheme implementation.
SatSure’s solutions provide transparency and symmetry to the agricultural information delivered and helps digitise the agriculture across an area of interest.The technology provides location, time and volume signals which form a critical component of any use case in the agricultural value chain improving operational and business efficiency. Some example are as follows:
• Helping banks to lend more by improving their risk resolution and loan recoveries
• Helping governments to provide farmers fast insurance claim settlements through remote and transparent satellite data analysis of damaged crops
• Helping farmers through predictive advisories of sowing, commodity prices, and pests
Deployed in largescale
Majority of our Customers are Individual Farmers (80+ Nos. of Farmers) spready across Telangana and Andhra Pradesh. In addition to Individual Farmers, we have provided Drone Spraying R&D and Commercial Pilot services to numerous Agrichemical Companies and Agri Service Providers. We have worked with Global Agrichemical companies such as Bayer, Syngenta and are in talks with other top global and Indian agrichemical companies. One of our objectives is to test and validate majority of the Agrichemicals out there so that every farmer has access to this technology going forward.
Technology Not Protected
SatSure is GIIRS RATED A Gold Standard for Social and Environmental Impact, however the kind of product it builds (information & analytical services) is not certifiable as such.
SatSure operates on a B2B and a B2G model. Banks and Insurance sector, Government and Multilateral Organisations, Agri Input and Production Companies are the core target segments in the agricultural domain for SatSure.
Satellite imagery forms a major component of the solutions delivered by SatSure. Thus, scalability of the solutions has never been an issue, as SatSure can monitor areas of varying granularity like farms, villages, districts, states and pan country.
LIMITATIONS IN COMMERCIALISATION
The limiting factor for the technology is the number of crops which can be monitored using satellites. It is a technological problem, though almost all the major crops can be monitored with good confidence levels using satellites.
The cost of the product varies depending on the user, sector and use case. SatSure has focused products for different segments in the agriculture value chain. As a thumb rule, larger the area, lower the product cost.
SatSure operates in the nexus of food, water and energy targeting sustainability goals. This has helped us work on problems like financial inclusion, food security, sustainable infrastructure, and climate change action. More than 400,000 loans have been provided in the last 24 months by its banking customers using SatSure’s solutions which has led to reduction in the NPAs of the bank and more financial coverage for farmers.
SatSure’s solutions had been used for Kerala flood mitigation planning in 2018 by the State Government of Kerala which led to more than 12,000 people being evacuated. This is also documented as a case study by IBM with quotes from the Kerala government. While SatSure has also enabled crop insurance claim settlement for more than 300,000 farmers till date across India.
SatSure’s products are being used today for multiple projects targeting climate resilient agriculture, sustainable agriculture in biodiverse areas, improving financial access with banking and insurance clients globally.