高盛-精确农场：用数字农业欺骗马尔萨斯 .pdf

EQUITY RESEARCH | July 13, 2016 Innovation flourishes where there are big problems to solve, and few problems are as large as the need to feed the world. In the latest in our Profiles in Innovation series, we explore how agriculture offers fertile ground for a confluence of technology trends, from sensors and the Internet of Things to drones, big data and autonomous driving. We see the potential for Precision Farming to lift crop yields 70% by 2050 and create a $240 billion market for farm tech, adding to agriculture’s long history of holding off a Malthusian crisis. PR O F I L E S I N IN N OV A T I O N Precision Far ing Cheat ing Malt hus w it h Digit al Agricult ure Goldman Sachs does and seeks to do business with companies cove ed in its esea ch epo ts. As a esult, investo s should be awa e that the fi m may have a conflict of inte est that could affect the objectivity of this epo t. Investo s should conside this epo t as only a single facto in making thei investment decision. Fo Reg AC ce tification and othe impo tant disclosu es, see the Disclosu e Appendix, o go to / esea ch/ hedge.html. Analysts employed by non-US affiliates a e not egiste ed/qualified as esea ch analysts with FINRA in the U.S. The Gold an Sachs Group, Inc. July 13, 2016 Profiles in Innovation Contents PRECISION FARMING in numbers 3 Precision Farming: Cheating Malthus with Digital Agriculture 4 The Ecosystem: Precision Farming - Key Players