Artificial intelligence and development of product

Abstract

The report aims at studying how latest technologies like data analytics, machine learning and artificial intelligence are being used to develop state-of-the-art products, which help solve everyday problems. The case in study is CropIn Technology Solutions Pvt. Ltd.- an Ag-Tech firm, working in the agriculture space and catering to the needs of the majority of the stakeholders in the agri-ecosystem. Till date, a total of their four products are available in the marketplace. They are a B2B company which serves the requirements of seed producers, agri-businesses, several state and central governments, financial institutions like banks and NBFCs and the insurance companies. The firm has a presence in 46 countries around the globe and caters to more than 260 crops and 3450 crop varieties. Their products have a significant presence in Europe and the African continent. The journey of how it all started is presented along with details of each of their products, how these products have impacted the lives of farmers and improved agricultural processes, what technologies are used followed by CropIn’s success stories. Finally, the report presents our analysis in the form of recommendations to the firm in terms scope of diversification and future prospects