In peace times or periods of crisis, people need to eat. The unfortunate reality is that left to its own devices, nature cannot support the world’s demand for food. The challenge today is how to combine people, process, and technology to help create sustainable practices that are also friendly to the environment.

Aquaculture or fish farming involves interventions in the rearing process to enhance production, such as regular stocking, feeding, and protection from predators.

Allied Market Research forecasts that the global aquaculture market size US$378 billion by 2027, registering a CAGR of 5.8%. Since 2019, Asia-Pacific has held a leading position in the global market and is expected to maintain this dominance in the future.  

In today’s Podchats for FutureIoT, we are joined by GK Tay, general manager for ISDN Group, to look at how technology supports sustainable development in aquaculture.

1.       Describe the state of digital adoption in Singapore’s aquaculture sector.

a.       What are the immediate benefits of introducing technologies like IoT?

2.       What are the top three hurdles in the digitization of aquaculture business?

3.       Looking at the concepts showcased at the Industrial Innovation Challenge, what needs to happen for the commercial adoption of these ideas?

4.       Can the concepts and technologies developed be applied elsewhere?

a.       Who should drive it? How will be marketed to the right parties?

5.       With ESG a growing priority, how do you see technology being applied to create sustainable practices?

6.       What does ISDN Group bring to the table?