IFCN dairy tech event highlights benefits of IT solutions

On 17th of January 2024, we as IFCN Dairy Research Network presented this 90-minute online event about dairy tech together with Progressive Dairy to support the visibility of all ag-tech firms for a better overview and to gain more insights into the dairy tech field for our international audience within our network.

"We aim to connect and inspire people in the dairy world to make better decisions. We have mapped 224 companies including additional 43 tech companies for the dairy tech map since the last release in 2023 together with Progressive Dairy", - said Philipp Goetz, IFCN analitic.

• 95 small companies working with <100.000 cows
• 61 medium companies working with 0,1 – 1 million cows
• 68 large companies working with >1million cows. We see high capital circulation in the dairy tech sector: new start-ups, growing offers of IT companies and merge & acquisitions. The advantages of IT solutions on dairy farms and beyond were highlighted.
• support the industry to innovate faster
• to real time monitor and improve efficiency on dairy farms and beyond
• increase confidence in decision making and prioritizing daily work
• decreases animal mortility rate
• fertility improvements of the cows
• to become more sustainable from farm to fork – economically and environmentally. The success of IT solutions also depend on the farmer and his tech affinity in his farm management. The accuracy of the collected data is already very good so the data cleaning process is getting easier. Although the panellists also highlighted the existing challenges in the discussion.
• Necessity of a standard approach to measure farm activities towards sustainable milk production to ensure comparability of farm performance and performance of the whole dairy supply chain.
• Lack of IT infrastructure and connectivity on farms
• Understanding of IT using benefits can still be more familiarized with the potential users: we need strong ambassadors for implementation of IT solutions on farms – like the famers Chad Butts from US and John Allwood from UK in our panel session.
• IT usage needs to be intuitive.

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