Business Daily Media

DIT Technologies taking agriculture from the industrial age to the digital age

  • Written by Mark Peart

One of Australia’s fastest growing agtech businesses, DIT Technologies, is leading the charge in taking agriculture from the industrial age into the digital age, as it looks to expand its operations by offering Australians the opportunity to become investors in the future of agriculture through equity crowdfunding.


DIT Technologies’ proprietary remote monitoring and water supplementation technology allows farmers to monitor what supplements are given to their animals no matter where they are, disrupting traditional farming methods and helping farmers to reduce their environmental impact, enhance animal welfare, reduce labour, increase productivity, and ultimately save money.


Mark Peart, the founder and CEO of DIT Technologies, took over the water supplementing business in 2016 from his father with the view of improving the product range and harnessing its proprietary technology to develop new applications in other agricultural and commercial sectors to provide economical, practical and sustainable solutions for farmers.


“Australia’s 97 million cattle and sheep are mainly grass fed and need supplements to overcome the nutritional deficiencies of native grasses to increase wellbeing. Our technology provides a cheaper, more effective way of supplementing livestock equally through controlled dosing of their drinking water, with Australian farmers realising up to 15% production gains and 40% cost savings,” said Mr Peart.


“We have a strong base of farmers in the Northern Territory and Queensland currently using our technology, but we now want to help even more farmers by expanding further across these states and into New South Wales, Victoria and Western Australia.


“We are excited to now engage with investors for the next chapter of our journey. Through equity crowdfunding with Birchal we hope to fund our expansion south, grow our team, increase production, further our data collection to help farmers make sustainable decisions, and commercialise our horticulture offer, where our technology could be used for water conservation, input efficiency and reducing run-off into waterways.”


We're thrilled to be working with DIT Technologies. They operate at the cutting-edge of agricultural technology globally, helping farmers achieve economical, sustainable and ethical food production,” said Matt Vitale, Co-Founder of Birchal.


“The CSF industry is helping to raise awareness of impressive Australian businesses by providing opportunities that all Australians can invest in. Agtech in particular is a sector where Australia has the opportunity to punch well above its weight on the world stage. We're delighted to help DIT Technologies offer this opportunity to Australian investors.”


DIT Technologies has grown significantly over the last 12 months, now employing 25 full time staff and going from one office in Toowoomba to eight offices across Australia, most recently opening a manufacturing factory in Townsville in August. Despite COVID-19, the company’s revenue has also increased in the past year by 488% to just over $3.5 million, with a 1200% increase in revenue earnings from 2018 to 2020.


“We pivoted our business earlier in the year to offer a full-service model to larger farms, where our team manages and implements the entire water supplementation program, and developed our rental model to provide flexibility for farmers and smooth the path to adoption, which has helped us maintain our rapid growth,” added Mr Peart.


“Our team has an unrelenting passion and commitment to provide solutions through new technology and the Internet of Things (IoT) that drive innovation and productivity to help famers feed our growing population. The global population is predicted to be over 9 billion by 2050 and farmers will need to increase food production globally by 60% to meet this demand. To achieve this, we need to innovate and integrate technology in agriculture to find efficiencies and more sustainable resource usage, encouraging farmers to farm smarter.”


Australians can register their interest to invest in DIT Technologies’ equity crowdfunding campaign from Wednesday 9 September at, with crowdfunding expected to open the following month.


Business Reports

How to Ask for a Promotion or a Pay Rise

We’ve all been there – you’ve been waiting for the promotion that seems imminent, but then it never seems to come. It's hard to know how to ask for a promotion or a pay rise. Do you just go in and ask? Do you wait for yo...

Trump properties aren't the only ones to see wild valuations – putting a price on real estate isn't straightforward

40 Wall Street is one of the Trump Organization properties included in the lawsuit.Roy Rochlin/Getty ImagesOn the lower tip of Manhattan there is a prime piece of real estate, the price of which is somewhat up for debate. To the o...

Why shortages remain common 2½ years into the pandemic

A frequent sight during the pandemic.Diana Haronis/MomentShortages of basic goods still plague the U.S. economy – 2½ years after the pandemic’s onset turned global supply chains upside down.Want a new car? You m...

Liked and shared: How social media can elevate your customer experience

Don’t neglect this golden opportunity to connect with customers and win mind and market share. Is social media central to your business development strategy, or something you squeeze into your schedule, as and when? For man...

Optus | Commentary on governance, policy and procedure - Rackspace Technology

“This incident is all about governance, policy and procedure. You can have the best security solutions in place, but you are vulnerable to breaches without the right policies and procedures overlaid with effective governance...

Jucy to take over Apollo Tourism and Leisure

Major Tourism Merger Accelerates Rental Firm’s Trans-Tasman Expansion by Four Year's A merger between two of Australasia’s largest rental vehicle firms is set to advance the trans-Tasman expansion plans of a third major...

Web Busters - Break into local search