The changing customer preferences and audacious palates of the millennial generation has made it imperative for the Food and Beverage industry to satiate these demands by resorting to modern technology. Employing big data can help companies have a better understanding of their customers – which is of great significance. Collection of data across customers and the entire supply chain can facilitate companies to make effective manufacturing-related decisions including pricing, use of raw materials, marketing, operations, and demand evaluation. Data analytics, in addition, allows companies to deliver precise and personalized products to the customers. Furthermore, by capitalizing on the blockchain, companies can attend to the growing demands for transparency in the F&B industry.
Another effect of digitalization is customers’ cravings for information about the food they consume. Providing them with this information with the help of technology—social media, for instance—and in turn, enriching their food-related experience can give a major boost to the revenues of F&B companies. These companies are also addressing food safety concerns by adopting new tools and solution that inspect food contamination and mitigate threats.
To help companies stay on top of these technological trends, CIO Applications puts before you an edition on Food and Beverages. Our distinguished selection panel, comprising CEOs, CIOs, VCs, industry analysts and the editorial board of CIO Applications, has shortlisted some of the most productive F&B technology solutions.
We present to you CIO Applications’ “Top 25 Food and Beverages Technology Solution Providers - 2018.”