Why did Monsanto buy the software company Climate Corporation?
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Q: Why did Monsanto buy the software company Climate Corporation?
A: Year after year, farmers gain valuable insights from their crops and fields. The information helps farmers grow their crops more efficiently, and allows them to make smarter choices as they work to produce more food using fewer resources.
That’s why Monsanto’s acquisition of The Climate Corporation fits in with Monsanto’s commitment to produce more, conserve more and improve lives.
The Climate Corporation’s expertise is in data science. The company turns a wide range of information into valuable insights and recommendations for farmers. For example, recommendations may be planting a few days earlier or changing an irrigation schedule.
The ability to provide farmers better information to develop practical recommendations can help them, regardless of size or preferred production practice, produce more while most efficiently using resources.
The acquisition of The Climate Corporation represents Monsanto investment in supporting farmers by offering them novel options in the way they manage risk on farm – including weather, which is the single biggest risk farmers face on an annual basis. The Climate Corporation’s data science expertise is an important complement to our Integrated Farming Systems℠ research platform that provides farmers with field-by-field recommendations on how to maximize yield and manage risk. The Climate Corporation’s weather-modeling capabilities complement our current FieldScripts℠ offering by adding an additional dimension of analysis to seed prescriptions.