Artemis Celebrates 5th Birthday "In Agriculture, There’s A Digital Gap That Translates Into Direct Financial Impact"
This week the team with Artemis is celebrating their 5th birthday! "I could not be more proud of our team for leading us through this incredible journey. While this year certainly feels very different than in the past, it’s more clear than ever that agriculture is going digital and I’m thrilled Artemis is at the forefront of this revolution", CEO Allison Kopf shares.
Launched enterprise platform
"Last year we launched our new enterprise platform", Allison recalls. "When we started Artemis (FKA Agrilyst), we primarily worked with small farms. In 2019, we began working with much larger, multi-site operators who have traditional enterprise needs. We successfully went through a major refactor to our platform adding additional integration capabilities, enterprise-level security, multi-language support, and lots of additional functionality including our new advanced reporting. We also focused on our account management process to ensure customer success for the long-term."
Allison Kopf at the Indoor Ag-Con in Las Vegas in 2016
Fast growth
"All of the product and process improvements we made early in the year translated into fast growth, culminating in our best quarter (Q1) despite the global uncertainty. We have been doubling revenue quarterly and I’m so proud of our team for creating and supporting our explosive growth."
Expanded presence in Canada
With the expansion of their product capabilities, the company also focused on expanding into new markets. "Canada has always been a priority for us and we were excited to broaden our Canadian presence this year and begin expanding in target geographies. We started working with incredible customers like Jamco Growers (part of the Red Hat Co-operative) and Sweetgrass in Alberta. We look forward to continuing our growth in the area."
We’re still early
"When you’re deep in the operational weeds, it’s easy to look at KPIs as a way to show internal progress from day to day. What feels like exponential growth in the short-term horizon of a year or two often only reflects a small change in the industry as a whole. Agriculture is one of the least digitized industries and there’s so much room for innovation. It’s important to watch for the signs of the shifts while also managing for the long-term", Allison shares.
"Some things are still difficult. At the end of the day, farming is hard and margins are slim. However, some things are becoming easier. It’s clear there’s a digital gap. It’s clear how that gap translates into direct financial impact for farm operators — knowledge transfer is particularly important right now (what happens when someone has critical information and is sick or leaves the operation), compliance-based infractions, and audits are expensive, and profit-based optimization is critical."
"I’m incredibly optimistic about the future of digital agriculture and am excited that we’re beginning to transition from early adoption into broad usage."
For more information:
Artemis
artemisag.com
Publication date: Fri 24 Apr 2020