Bosch, BASF form JV for global marketing of smart farming solutions, Auto News, ET Auto

Representative Image
Representative Image

New Delhi: Bosch and BASF Digital Farming have signed a 50:50 joint venture (JV) agreement to market and sell globally smart farming solutions from a single source in the future.

According to a company release, the JV was signed on November 10, 2020, and will be followed by the founding of a new company based in Cologne, which will be established in the first quarter of 2021.
The foundation is subject to the approval of the relevant antitrust authorities. Both parties have agreed not to disclose financial details.

Bosch brings to the JV its capability in hardware and software, as well as digital services. BASF Digital Farming with its xarvio Digital Farming Solutions provides an automated, real-time, field-specific agronomic decision-making engine for weed management that is powered by the digital xarvio platform for crop optimisation.

Combining the expertise of both the companies will make it easier and more convenient for farmers to benefit from digital solutions.

The first two products to be launched will be a version of the Intelligent Planting Solution (IPS), with enhanced digital intelligence for seeding and fertilizer prescriptions and smart spraying.

The smart spraying solution combines Bosch’s camera sensor technology and software with xarvio’ s crop optimisation platform. Both the products have been tested extensively in real growing conditions. The solution is expected to be launched with a limited number of machines in 2021.

“Thanks to connecting agricultural machinery using high-tech sensors, intelligent software and digital products, we can make tomorrow’s agriculture more efficient and at the same time more environmentally friendly,” Andrew Allen, responsible for commercial vehicles and off-road business at Robert Bosch GmbH, said.

“Both the companies are committed to invest time, resources and funding in joint activities that will lead to the development of new sustainable, precision technologies that improve agricultural practices and outcomes,” Vincent Gros, president of BASF’s agricultural solutions division.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *