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AGCO : Announces a New Data Connection with The Climate Corporation’s Climate FieldViewTM Digital Agriculture Platform

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10/19/2017 | 04:31pm CEST

This Partnership Will Create a Seamless Data Connection between AGCO’s Fuse® and Climate FieldView

AGCO Corporation (NYSE:AGCO), a world-leading manufacturer and distributor of agricultural equipment, announced today a new digital partnership with The Climate Corporation, a subsidiary of Monsanto Company (NYSE:MON), that will provide AGCO customers the option to connect with The Climate Corporation’s Climate FieldView™ platform. AGCO’s partnership with The Climate Corporation is a product of Fuse and its open approach to agriculture, which focuses on helping customers optimize their farms through seamless technology integration and connectivity.

“AGCO is excited to work with The Climate Corporation to give our customers yet another choice for Precision Ag solutions,” says Chris Rhodes, director Fuse Business Development. “The Climate FieldView platform is the world’s most broadly connected and adopted farm insight and visualization platform, and AGCO is pleased to be creating a tighter connection to it.”

AGCO customers will be able to seamlessly connect to the Climate FieldView platform through FieldView Drive device, AGCO’s Precision Planting 20/20 SeedSense Display, or through application program interfaces (APIs) beginning late 2017. The connection to the Climate FieldView platform provides AGCO customers with real time visualization of farm data from as-planted maps to yield maps as well as access to a well-established digital agriculture platform where customers can compare data and make agronomic decisions for the next season. Certain AGCO machines will be Climate FieldView ready, direct from the factory later in 2018. Future announcements will provide more detail about availability and how to connect.

For more information about AGCO’s precision agriculture offering and partnering model, visit www.AGCOcorp.com/Fuse. To learn more about the Climate FieldView platform, visit www.climate.com.

About AGCO

AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural solutions and supports more productive farming through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® precision technologies and farm optimization services, and are distributed globally through a combination of over 3,000 independent dealers and distributors in more than 150 countries. Founded in 1990, AGCO is headquartered in Duluth, GA, USA. In 2016, AGCO had net sales of approximately $7.4 billion. For more information, visit http://www.AGCOcorp.com. For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

© Business Wire 2017
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Financials ($)
Sales 2017 7 987 M
EBIT 2017 404 M
Net income 2017 229 M
Debt 2017 1 211 M
Yield 2017 0,75%
P/E ratio 2017 24,62
P/E ratio 2018 19,27
EV / Sales 2017 0,87x
EV / Sales 2018 0,81x
Capitalization 5 706 M
Duration : Period :
AGCO Corporation Technical Analysis Chart | AGCO | US0010841023 | 4-Traders
Technical analysis trends AGCO CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 18
Average target price 72,9 $
Spread / Average Target 1,6%
EPS Revisions
Martin H. Richenhagen Chairman, President & Chief Executive Officer
Andrew H. Beck Chief Financial Officer & Senior Vice President
Helmut R. Endres Senior Vice President-Engineering
P. George Benson Independent Director
Hendrikus Visser Independent Director
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