DES MOINES, Iowa — Hay fires present unpredictable and difficult-to-manage risks for farming and agribusiness operations. They can also add up to thousands of dollars in building and replacement costs and lost revenue.1 A new partnership between Nationwide and Quanturi aims to address this issue with HAYTECH, the state-of-the-art technology to help better prevent hay fires and manage hay quality.
Beginning today, Nationwide’s agribusiness customers have discounted access to HAYTECH, the wireless hay monitoring system. The new partnership marks the first time the HAYTECH technology, an IoT-based solution from Finnish AgTech company Quanturi, is available to customers in the U.S.
“As a company built to serve the agriculture community’s unique needs, we’re constantly exploring new ways to solve challenges facing our customers – whether they run a small hobby farm or a large commercial agribusiness,” said Brad Liggett, president of Agribusiness at Nationwide. “HAYTECH’s unique solution to the issue of hay fires in agriculture is a perfect example of the intersection of industry expertise and technology to provide even deeper protection and peace of mind for our customers. We’re thrilled for Nationwide customers to be among the first in the country to benefit from this new capability.”
To use HAYTECH, customers will install a series of easy-to-spot and long-lasting probes into their operation’s hay bales and stacks, which will regularly transmit temperature measurements to the Cloud and alert operators when concerns arise. Nationwide’s customers who utilize the monitoring system will benefit from:
- Secured hay production – HAYTECH warns producers of unusual temperature rises, enabling them to anticipate fire hazards and minimize the risk of losing haystacks and more. Operators can also use the intuitive interface to monitor their entire storage site regardless of the size of their production.
- Increased income by choosing hay quality –Temperature data allows customers to choose the right hay for the best use, helping to optimize the profitability of their haystacks.
- Reduced safety risks and labor costs – With remote access to all the data needed, the solution also helps to limit dangerous handling and work accidents.
- Simplified hay production certification – Better anticipate selling prices by proactively ensuring hay will meet the requirements of the labels and by bringing a guarantee of traceability to customers.
“We are excited to partner with Nationwide and provide farmers with innovative and best-in-class solutions to prevent hay fires and optimize the quality of hay during storage. Nationwide is a frontrunner in bringing new digital technologies to its customers and we believe that HAYTECH, our real-time hay monitoring will help leaders in Agtech make more data-driven decisions,” said Nadine Pesonen, CEO Quanturi.
To learn more about incorporating HAYTECH, the hay monitoring technology into your operation, contact your Nationwide agent or visit https://haytechsystem.com/nationwide/.
About Quanturi
Quanturi, an Agtech company based in Palo Alto, California, is the leading expert in monitoring bulk-stored organic materials. Quanturi’s products are specifically designed to monitor hay, grain, soybeans, biowaste and many other organic materials and commodities during storage and processing. Quanturi’s solutions are a guarantee against losses and a quality certification for the stored materials – day and night. Quanturi operates worldwide, having customers in North America, Europe, and Australia. For more information, visit www.haytechsystem.com.
About Nationwide
Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities, mutual funds and EFTs; excess & surplus, specialty and surety; and pet, motorcycle and boat insurance. For more information, visit www.nationwide.com. Follow the firm on Facebook and Twitter.
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1 Hay Fires: Prevention and Control, National Ag Safety Database
–Nationwide