Get Smart: 4 ways technology is helping food and beverage producers increase efficiency and profitability
Original article promoted on CNBC on August 2, 2018 With the global population expected to reach 9 billion by 2050, the United Nation’s Food and Agriculture Organization (FAO) estimates that world food production needs to increase by 60-70 percent to meet demand. Add to this increasing regulation and consumer need for product traceability, and the food and beverage sector is at a crunch point. So how can the sector face these pressures and protect brand reputation, employee safety and profitability? The answer lies in digital transformation – enabled by the Industrial Internet of Things (IIoT), the latest in edge computing and predictive analytics. And the most agile, productive firms embrace transformation in four key ways. Smart Manufacturing – real-time response across the supply chain Smart Manufacturing integrates devices, machines and processes with innovative software so that employees can operate a more efficient production floor, backed by real-tim...