Monsanto Plans Pivot, Will Focus Business on Big Data

Monsanto Plans Pivot, Will Focus Business on Big Data
Published 24 September 2015

Monsanto, best known for its damaging product Roundup and genetically-modified seeds, now also wants to focus on big data services.


The Monsanto corporation, best known for its chemicals, seeds and genetic traits operations, appears to be planning a major change in the focus of its business with executives seeking to re-position the company as a business built on data science and services, Chief Technology Officer Robert T. Fraley told Reuters in an interview.

“We transformed from an industrial chemical company to a biotech company, then to a seeds company,” Fraley said. “Now, we’re transforming again.”

Top executives have reportedly already briefed major shareholders ahead of a wider presentation to investors in November. The company recently abandoned an effort to buy Syngenta, a company that also is focused on agrochemicals and seeds.

More:
http://www.telesurtv.net/english/news/Monsanto-Plans-Pivot-Will-Focus-Business-on-Big-Data-20150924-0017.html

Environment & Energy:
http://www.democraticunderground.com/112791596