Arable Labs is talking to partners to test its Pulsepod IoT farm sensor system around the world and taking pre - orders for late - 2015 shipment . “Thirty years ago, it was all about how to grow more crops with less input, but now we’re in an era where we’re empowering people to manage complex natural resources with precision. The solar - powered sensor system measures over 40 observation streams ; an accessory port accommodates soil moisture , soil pressure , and other user - friendly devices , and an onboard GPS allows it to be linked to water , soil , and satellite imagery . The agtech sub - sector attracted 94 % more funding in 2015 than a year earlier , driven in part by increasing global concerns over falling crop prices and the impacts of climate change . Currently accounting for around 10 % of world GDP at $ 7.8tn ; by 2050 , the agriculture market is predicted to be worth $ 20tn .
Arable Labs is talking to partners to test its Pulsepod IoT farm sensor system around the world and taking pre - orders for late - 2015 shipment . The solar - powered sensor system measures over 40 observation streams ; an accessory port accommodates soil moisture , soil pressure , and other user - friendly devices , and an onboard GPS allows it to be linked to water , soil , and satellite imagery . The agtech sub - sector attracted 94 % more funding in 2015 than a year earlier , driven in part by increasing global concerns over falling crop prices and the impacts of climate change . Currently accounting for around 10 % of world GDP at $ 7.8tn ; by 2050 , the agriculture market is predicted to be worth $ 20tn .