Sara Menker, Founder and Chief Executive Officer of Gro Intelligence, discusses how the U.S. government shutdown is impacting the distribution of agriculture data and what her company is doing to alleviate the problem. (Photo: Bloomberg TV)
Tadias Magazine
By Tadias Staff
Published: January 11th, 2019
New York (TADIAS) — In the following Bloomberg interview aired on Thursday, January 10th, New York-based Ethiopian entrepreneur Sara Menker, Founder & CEO of Gro Intelligence, explains how the U.S. government shutdown is affecting the availability of official agriculture data and what her company is doing to fill the gap by providing traders, farmers and policymakers free access to their worldwide database.
“We are a data analytics company focused on all things agriculture globally,” Sara told Bloomberg News describing what her company does. According to the company’s website, “Gro Intelligence bridges the data gaps across the global agriculture sector, empowers decision makers, and creates a more connected, efficient, and productive global food industry. Gro’s leading edge software automatically harvests disparate data, transforms it into knowledge, and uses machine learning to make predictions.”
Right now during the U.S. government shutdown traders are not getting access to critical reports and forecasts and Gro is stepping up to the challenge of making that data accessible.
“What we have done is that we have built a data platform that at this point ingests over 40 million unique data sets that are related to global agriculture in any way, that have amassed over 500 trillion data points that’s linked to agriculture,” Sara says. “We basically leveraged that to build a predictive engine using a series of machine learning algorithms to build our own forecast model. So when the government shutdown occurred the first thing we did was to say “you know what? we should provide free access to data because a lot of databases were going down and some numbers were not updating.” And we knew that we have access to all sorts of data sets that were being reported from other parts of the world that can help to fill the gap.”
In a follow-up update on Facebook, Sara shared that at noon today Bloomberg was reporting Gro Intelligence estimates live on their platform in place of U.S. government data.
Watch: How Gro Intelligence Is Filling the USDA Data Gap Left by the Shutdown
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