ASX listed Treasury Wine Estates has signed a multiyear partnership with agtech The Yield to use its harvest predictions and weather notifications technology.
For the next three years Treasury Wine Estates will use The Yield’s Sensing+, a system for large scale growers to monitor and predict growing conditions based on microclimate data collected by farm sensors.
Sensing+ analytics help growers make decisions on when to irrigate, feed, plant, protect and harvest. Treasury Wine Estates also expects to combine the microclimate data with its historical data to create harvesting prediction models.
One of the world’s largest wine companies, Treasury Wine Estates has access to more than 12,600 hectares of owned and leased vineyards around the world.
The Yield is a Sydney based agtech that uses data science and IoT devices to solve farming challenges, focusing mainly on large scale growers farm intensive irrigated crops like wine grapes, berries, apples, citrus and edible nuts.
Ros Harvey (pictured above), founder and managing director of The Yield said she was excited to be working with the wine giant on a commercial rollout.
“The enterprise capability of our Sensing+ solution means that customers are fast-tracked along the digital transformation pathway,” Harvey said.
“The rules and notifications platform helps codify weather-related practice, while our enterprise view enables our customers’ staff to have a unified view across all growing assets right down to the block level. This means they can take action on growing conditions such as extreme weather risks, irrigation needs, the best spray conditions and harvest scheduling,” she said.
“We are pleased to be working with such a prestigious global brand as TWE and look forward to further strengthening our strong relationship over coming vintages.”