Digitization brings revolutionary changes in the food and beverage industry as well

By: Trademagazin Date: 2023. 07. 19. 11:53

Digitization has brought about a major improvement in production for three quarters of food and beverage companies, and half of them expect further improvement, according to a study by Schneider Electric. In addition to serving the growing population, such developments in these sectors are also important due to climate protection aspects.

Food and beverage manufacturers are currently struggling with several serious problems on a global level, such as disruptions in the global supply chain, geopolitical conflicts, increasing inflation and rising interest rates, constantly changing consumer habits and increasing market competition. In addition, an ever-increasing population must be served, while increased attention must also be paid to climate protection aspects. In this situation, digitization can provide significant and long-term help to the players in the sector.

According to a study by Schneider Electric, a leading multinational company in the field of energy management and industrial automation solutions, digital transformation in the food and beverage sector can take many forms. The use of collaborative cloud-based platforms, the development of the Industrial Internet of Things (IIoT), and the use of artificial intelligence (AI) to refine processes and better understand consumers can all be powerful tools. Integrating digital technology enables organizations to collect and analyze data to support sustainability in areas where detailed, real-time information was previously unavailable.