Although the use of data and analytics is becoming more widespread across agricultural industries and institutions, the sector is held back by the lack of a consolidated data platform that combines multiple data sets from multiple data sources in real time. Other technology
and data challenges compromising the strength of the Australian agriculture industry include:

Businesses often need to access multiple data systems/datasets which are stored across various platforms and functions and are not well integrated. Aggregating and reconciling these datasets require manual intervention, is rife with errors/duplication and require significant effort to ensure uptake across the business in order to lead to tangible analytics outcomes. This interoperability challenge is commonplace across the industry today.

Data is not shared between the various stakeholders within the industry at times leading to analysis been taken place with incomplete datasets and other times for duplication of efforts with varying results. Data sharing/collaborating culture which would be backed by an established data governance framework including protocols/policies for data access, privacy, definition and standards, would uplift the industry analytical capabilities.

Challenges in understanding where to prioritise efforts to best support the industry. With significant opportunities for data-driven use cases across the value chain, defining the prioritisation of funding and efforts to build capabilities is a critical challenge for industry bodies and governments. The OzAg DX could enable consolidated, integrated and standardised data, to help reduce the labour intensive effort of collecting and analysing data to make better informed prioritisation decisions on deployment of limited support resources and capabilities.

A slow take up of digital technologies is slowing agricultural productivity growth. As Australia looks to achieve the target of $100 billion farm gate output by 2030, digital agriculture is expected to contribute up to an additional $20 billion annually to the gross value of agricultural production.

Regulatory efficiency and compliance across agricultural supply chains is hindered by inefficient, incompatible or unavailable data and systems that prevent creation of robust, interoperable traceability solutions. The Australian AgriFood Data Exchange (AAFDX) will solve this challenge by creating a secure, cloud-based platform enabling government, industry and other participants to share, re-use and merge data from disparate systems in a secure, controlled manner. The AAFDX will be a modern, efficient, internationally recognised data infrastructure enabling regulators and industry to better manage compliance, stimulate innovation and supply chain performance, assure consumers, coordinate biosecurity and export market access, through enhanced traceability. The funding will build the minimal viable product, with expansion to specific traceability and compliance applications. The AAFDX will endure beyond the funding period with partner co-investment and a user pays revenue stream

Statistics on Australian fisheries production and trade seeks to meet the needs of the fishing and aquaculture industry, fisheries managers, policymakers and researchers. It can assist in policy decisions, industry marketing strategies and the allocation of research funding or priorities. The gross value of production for specific fisheries are used for determining the research and development levies collected by government.

The neutrality and integrity of GVP estimates is therefore important due to their forming the basis for research levies for each fishery. At the international level, the Department of Agriculture through the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) contributes to a number of international databases. These include databases managed by the Food and Agriculture Organisation (FAO) and the Organisation for Economic Cooperation and Development (OECD). Information at the international level can assist in international negotiations on issues such as trans-boundary fisheries and analysis of trade opportunities.