CropX, the Israel-based company that produced the world’s first and do-it-yourself (“DIY”) farm management platform based on real-time soil data, announced recently that it acquired Dacom, headquartered in Groningen, the Netherlands.
The company says Dacom was originally founded in 1987 with the vision of helping growers collect field data to improve disease forecasting and prevention. In 2017 Dacom merged with Crop-R, a leading farm management software company. With the merger, Dacom transitioned to cloud-based software and added services based on mobile applications with access to online dashboards for Crop Recording (field activities registration), disease management, moisture management and other precision farming activities.
Over time Dacom gained more than 3,000 customers in 32 countries globally, mainly in Benelux countries.
CropX explains it decision to acquire Dacom as follows:
- Product: CropX’s Farm Management platform is super strong with irrigation management, fertilizer management, effluent management and automation. However, we were just making our first steps into crop protection and crop recording. Dacom’s product is a perfect match in this respect – the missing piece in the CropX puzzle.
- Market: Prior to Dacom, most of our business was in the USA, followed by Australia and New Zealand. The Dacom acquisition speeds up our entrance into Europe with a Dutch office, 30 employees and thousands of customers.
- Data: Two decades of collected data that will now be fed into CropX’s AI machine. Priceless.
- Customers: Almost 3M acres under management, over 3,000 customers. WOW.
- Synergies: There are endless synergies with CropX’s existing products, especially for the dairy industry.
- Team: Last but not least – what a team! we established great working chemistry with the Dacom team early on.
CropX says: “We’re always excited to join new teams and technologies to the CropX family and continue our search in that respect – all with the goal of providing the best value for our customers.”
Source: CropX. Original release here
Related: CropX Awarded as Technology Pioneer by World Economic Forum