Sheti_Mitra magic peoject to predict price and crop yield

This is Sheti Mitra project

1. 1 Sheti Mitra An interactive system to predict crop yield along with profit and loss and Suggestion the alternate crop, predict accurate future price of crop Group Members: Kiran Kshirsagar Rohan Deshmukh Shravani Kshirsagar Rutuja Khemnar Stage: Prototype

2. Problem Statement Solution Overview Marketing Strategy Competition Analysis Business Model Financials Team 2 Contents

3. To effectively increase the efficiency of the crop cultivation process by predicting the crop yield, price along with the suggestion for alternate crop Nutrition deficiency through the effective implementation of Random forest and Linear regression models along with the blend of hybrid decision making and IOT. 3 Problem Statement

4. Predicting the crop yield and price is always a beneficial task to the farmers Usage of deep learning model for the same enhances the process Assembling of Random forest and Linear Regression boosts the performance of the prediction and helps the farmer to a great extend Usage of IOT in this process for the estimation of soil deficiency boosts the process in helping farmers 4 Solution Overview

5. Output: Report: 5 Photo of product/project:

6. Now our product cost in nearly 1500 rupees. We used moisture sensor in our existing product to make it affordable. To increase accuracy we need to use NPK sensor. To increase accuracy of product we are now planning to develop new hardware with high accuracy in low cost. So farmers can be easily afford it. 6 Cost of Product:

7. We did a farmer survey. In that survey we understood that this product will be make a bright change in the farmers life. Price prediction is very important factor before sowing crop. Now a days there is no any project or idea to predict future price of crop. In our product farmers are happy with the results. Combination of all things in one project is very easily understandable for farmers. 7 Farmers Survey

8. We did a trial of our product. In this trial our accuracy was more than 90% and farmer is very happy with the result. Report before sowing: crop after: 8 Trial and review Of Product

9. Product Efficiency Predict future Better than existing Improve farmers profit Better financial planning Crop management Accuracy is high 9

10. Comparison with existing EXISTING ONE Don’t predict crop future price Only software Predict crop yield Generate report Don’t test soil No Weather analysis OUR PRODUCT Predict future price with maximum accuracy Software & Hardware Predict crop yield with max accuracy Generate report & Auto send via whatsApp ,SMS Use large amount of weather data & real time Real time soil testing 10

11. Revenue Model Subscription For the advanced feature we use paid upgrades Best report generation fees Advertising and sponsorship of fertilizers or other agricultural products Provide training and consultation services in fix fees 11

12. Our Target Customers are the farmers Market size is depending on the IoT model prize and How can we provide the service to farmer with low affordable price. To penetrate the market we have to give free demos to farmers about our model. When we build trust then our market will increase with time. We can also post our advertisement on agree channels to develop our network. 12 Marketing Strategy

13. 13 Competition Analysis O ur product is new idea in the market. We have combined many modules in one product so farmer no need to study various factors in various methods. Our platform is very simple for farmers. Due to easy interface farmers can easily use the platform. There is no more competitors for us. Because our platform is all in one platform .

14. Business Model – Develop an responsive application and a portable hardware for soil testing. Our Vision is to suggest farmers about the crop yield, future price estimation with the help of soil data. Make this model affordable. Our mission is to make farmer independent to make decisions about sowing crops themselves. We can also suggest farmers some other premium features like fertilizer suggestions, suggestions based on weather and many more for revenue regeneration. 14 Business Model

15. In this project revenues can be generated after long time. We have to make area in farmers mind about our project. Then after making farmer confident about our model then we can make profit by offering then various premium services. Our main aim is to aware farmer about their future losses. Our profit and other financial factors will depend on hardware and platform development cast, so we didn’t predicted financial criteria for our project. 15 Financials 5-YR PROJECTIONS           1 INFLOW   YR1 YR2 YR3 YR4 YR5 1 Revenue           2 Expected Funding           3 <add if needed>             TOTAL           2 OUTFLOW   YR1 YR2 YR3 YR4 YR5 RECURRING             1 <description>           2 <description>           3 <description>           4 Others             TOTAL           3 OUTFLOW   YR1 YR2 YR3 YR4 YR5 ONE TIME             1 <description>           2 <description>           3 <description>           4 Others             TOTAL          

16. Kiran Kshirsagar M ob.No : 8329714663 Qualification: Diploma in IT Address: Sangamner R ohan Deshmukh M ob.No : 8669589014 Qualification: Diploma in IT Address: Sangamner 16 Shravani Kshirsagar M ob.No : 8788766225 Qualification: Diploma in IT Address: Sangamner Team Brief profile of the core team & their role in your startup R utuja Khemnar M ob.No : 9021424102 Qualification: Diploma in IT Address: Sangamner

17. 17 Expectations from MAGIC Our main expectation from MAGIC is to provide us guidance about our project. Help us to develop our hardware model in affordable price. We are also expecting that our project should be come in market as soon as possible. We are expecting that our prototype will be converted into product and launch in market.