AgJunction Cloud Services Announces 30 Million Acre Milestone
AgJunction CEO Rick Heiniger shares milestone with agricultural industry leaders at InfoAg 2013
SPRINGFIELD, IL, July 18, 2013 /CNW/ - (TSX: AJX)-- AgJunction, a leading provider of innovative hardware and software solutions for precision agriculture, has disclosed that its Cloud Services Division now supports in excess of 30 million unique production acres with its suite of precision farming software applications.
AgJunction President & CEO Rick Heiniger spoke at the 2013 Info Ag Conference Vendor Showcase in Springfield IL, where he provided an update on the Company's Cloud Services Division and shared the milestone news with leaders in the precision agriculture industry.
"We could not be more pleased with the progress of our Cloud Services Division since our acquisition of AgJunction in early 2012," said Mr. Heiniger. "Our company has been through a significant amount of change over the last year and the leadership provided by our State College, PA-based Cloud Services team has been extraordinary, delivering system enhancements and exceeding customer expectations."
Since announcing the acquisition of AgJunction by Hemisphere GPS in January 2012, the rebranded AgJunction Cloud Services division has benefited from accelerated adoption. Since January 2012, unique bounded production acres in the cloud-based system have increased at a 72% compound annual growth rate, reaching 31.5 million in North America as of July 1, 2013.
Mr. Heiniger reported a similar growth rate for the total number of retail locations utilizing the system, now approaching 1,800. "The market is recognizing value in an integrated data management solution," added Mr. Heiniger. "AgJunction is unique, having established ourselves as a neutral and enabling partner with our customers; that is the foundation of our precision agriculture strategy."
Also during the showcase, Dave Nerpel, Precision Account Manager with AgJunction introduced several new system features including a new iPad® field mapping and soil sampling application, a multi-variable field data analytical tool, and satellite imagery integration developed in partnership with SatShot®.
About AgJunction Cloud Services
AgJunction Cloud Services supports growers through their agricultural service providers with connected management tools. System users can easily share data from many types of precision agriculture controllers on the market enabling service providers such as fertilizer dealers and agronomists to work directly with growers through the AgJunction platform for seamless data management.
The system streamlines retailer and farm operations with equipment tracking, work order management, data layer management, and comprehensive reporting.
AgJunction, Inc. provides innovative hardware and software applications for precision agriculture worldwide. The Company holds numerous patents and markets its products and services under leading brand names including Outback Guidance®, Satloc®, and AgJunction® Cloud Services. AgJunction supports advanced farming practices and enables seamless data connectivity among growers and their agricultural service providers. The Company is headquartered in Hiawatha, Kansas, with facilities in Arizona, Pennsylvania, Manitoba and Queensland, Australia. AgJunction is listed on the Toronto Stock Exchange (TSX) under the symbol "AJX" and is one of the TSX Cleantech designated companies. For more information, please go to www.agjunction.com.
iPad® is a registered trademark of Apple, Inc.
Satshot® is a registered trademark of Agri Image GIS, Inc.
SOURCE Agjunction Inc.For further information:
President and CEO
Precision Account Manager