Aiming to bring advanced data analytics to farmers, Hanatech IoT has publicly stated the ambitious goal of producing annual revenues of $70 million within five years.
The Bedford-based company says it has developed an Internet of Things, or IoT, solution that takes readings from sensors and uses proprietary algorithms to instantly produce data on a single platform. Though the Platform-as-a-Service solution works for other customers, such as building developers, the company is primarily targeting fruit and vegetable farmers because of scalability.
“The beauty of it is it really snowballs