Egistic
Farm management system for agricultural producers and agricultural consultants
Description
Egistic was an integrated farm management system that could be accessed via a web-based app or mobile app. It provided access to a range of services, such as farm planning, equipment accounting, a marketplace and equipment rental. The management system connected farmers with farm advisors through a catalogue with area, crop specialization and price options.
Technology
Egistic made use of remote sensing data collection technologies, high-precision satellite navigation, geoinformation systems and machine learning for crop area management. The initiative could also be integrated with a GPS monitoring system to provide real-time updates on farm operations.
Target
As of July, 2023, the app had over 1000 registered users across Kazakhstan, Russia and Uzbekistan with more than 1 million hectares of monitored fields.
Business model
Egistic operated on a freemium and subscription-based model. The Basic tier was free which allowed the access to the basic farm management features. The Premium tier was priced at KZT 300 per hectare per year where advanced functionalities such as planning, statistics and management reporting were available.
Impact
Egistic is no longer operational. According to Egistic, over 200 successful agribusinesses used their management system which aimed to improve operational efficiency, asset monitoring and safety, and reduced costs and waste.
Partners
GVA.Capital; QazInnovations; Nazarbaev University; Quest Ventures; European Bank for Reconstruction and Development; Republic Soil Center; Joint Stock Company Science Fund; Digital Agro; Kazahkstan Union of Field Growers; Karabalyk school; Beeline; Pochva.kz; AlemAgro
Four Betters
Better production
Better life
