fbpx
Print this page
Tuesday, 23 May 2023 10:55

Computer says no as farm software company revamps

Written by  Sudesh Kissun
FarmIQ chief executive Will Noble will leave the company in August as part of the company’s revamp. FarmIQ chief executive Will Noble will leave the company in August as part of the company’s revamp.

Farm management software provider FarmIQ is shedding 25% of its workforce and adopting a new operating model to boost revenue.

The revamp will also see chief executive Will Noble leave the company in August.

Owned by Pamu, Silver Fern Farms, Farmlands Co-operative, MSD, Vet-Ent and AgResearch, FarmIQ is map-based farm management software used by over 3,500 farms.

Noble says that while the company has achieved subscriber growth, it has been slower than anticipated. He puts this down to farmer sentiment.

"Farmers have had a terrifically difficult 12-18 months and in times of uncertainty many delay purchasing decisions," he told Rural News.

Prior to the decision to reorganise FarmIQ employed 69 people.

"Through a combination of disestablishments and not filling positions that were, or beame, vacant the headcount has reduced by about 25%," explains Noble.

He says a price review isn't on the cards.

"However, our product and marketing team is reviewing the structure of our packs with a view to encourage increased subscription uptake," he says.

At the same time, major shareholder Pamu has agreed to provide support in ancillary areas such as corporate services, human resources, and finance.

The state farmer's newly appointed chief technology & digital officer, Tammy Lemire is joining the FarmIQ board.

Noble will be replaced by chief operating officer, Gavin McEwen, who assumed the role of executive general manager leading the business under the new model and reporting to the board.

Noble says FarmIQ plays a critical role in many farming businesses.

"Over the past three years, we've implemented a tremendous amount of change to modernise the ten-year-old FarmIQ infrastructure.

"In addition, we've released our new field app built on entirely new technology with enhanced online and offline functionality and acquired farm modelling programme Farmax in a partnership with AgResearch."

Noble adds that during the same period, the FarmIQ team has built modern API infrastructure powering integrations with companies such as NZ Merino, ANZCO, TracMap, OSPRI/NAIT.

He points out that like other agri-supply businesses, FarmIQ has faced revenue headwinds for more than a year.

As a result, they are joining several other firms in their industry currently reducing staff numbers as farmers close their wallets to cope with massive regulatory change, uncertainty, increased input costs, geopolitical uncertainty, volatile farm gate prices, and repeat extreme weather events.

More like this

Pāmu farm opens gate to urban visitors

For many urban New Zealanders, stepping into Pāmu’s Pinta dairy farm near Taupo last month was the first time they had had the chance to experience farm life up close.

The future of beef breeding

Progeny testing at Pāmu’s Kepler farm in Southland as part of Beef + Lamb New Zealand’s Informing New Zealand Beef programme is showing that the benefits of hybrid vigour could have a massive impact on the future of beef breeding.

Featured

Helping protect sheep from parasites

Everyone from experienced veterinarians and young professionals to the Wormwise programme and outstanding clinics have been recognised in this year’s New Zealand Veterinary Association (NZVA) awards. As part of a series looking at this year’s rural winners, Leo Argent talked with Ginny Dodunski, winner of the Veterinary Impact Award for raising the profile of the Wormwise programme.

Top Māori sheep and beef farms showcase excellence in Ahuwhenua Trophy field days

Recently two of New Zealand's top Maori sheep and beef farms held field days as part of the prestigious Ahuwhenua Trophy competition. The two are: Whangaroa Ngaiotonga Trust, northeast of Whangarei, and the proprietors of Tawapata Onenui farm on Mahia Peninsula in southern Hawke's Bay. Reporter Peter Burke attended both field days.

Gongs for best field days site

Among the regular exhibitors at last month’s South Island Agricultural Field Days, the one that arguably takes the most intensive preparation every time is the PGG Wrightson Seeds site.

National

Machinery & Products

Buhler name to go

Shareholders at a special meeting have approved a proposed deal that will see Buhler Industries, the publicly traded Versatile and…

Grabbing bales made quick and easy

Front end loader and implement specialist Quicke has introduced the new Unigrip L+ and XL+ next-generation bale grabs, designed for…