Leading global technology company, Bosch, announced today its direct investment in The Yield. Gavin Smith, President of Robert Bosch Australia said “The Yield’s innovative managed solutions could be the next big thing to lift Australia’s agricultural productivity, combining Big Data analytics with grass-roots farming know-how’.
CEO of the National Farmers Federation, Mr Simon Talbot, welcomed the Bosch announcement. ‘Bosch’s investment in The Yield is exactly the sort of shot in the arm the Australian AgTech industry needs. We see enormous potential to develop AgTech in Australia which can increase our own agricultural productivity but also grow knowledge-intensive exports of the future’.
Ros Harvey, Founder and Managing Director of The Yield, said ‘ We intend to develop our solutions in Australia and then aggressively scale globally. The partnership with Bosch is an important part of that strategy’.