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The Internet of Things (IoT) is not just about objects, sensors, big data, cloud technology, interconnectivity and the internet.

For food and beverage manufacturers, it’s about finding new solutions to make the industry more efficient, safe and profitable. Just three benefits are improving food safety, customer engagement and boosting efficiencies.

The masses of data generated by the IoT offer food and beverage companies huge potential to transform operations across traceability, compliance, unplanned downtime, staffing, inventory management, partner collaboration and more.

So what’s holding food & beverage manufacturers back? Three main things: knowledge, cost and good old fear.

Beyond the hype, the IoT can bring a decisive competitive edge to enable food and beverage businesses to better analyse and forecast market demand. It delivers faster information across the supply chain, which leads to both better decisions and increased responsiveness to the market. It can drive better efficiencies and enhance quality control.

The IoT transforms industries, so forget the jargon and consider the impact of IoT technology in your food and beverage business. Begin with evaluating existing solutions and partners. IoT’s potential benefits could be a revelation.

Find out more about these technologies here by reading the full story here.

 

Food & Drink Business

Australia’s first social enterprise bakery, The Bread & Butter Project, has graduated its latest group of bakers, with its largest ever cohort marking the program’s 100th graduate.

The University of Sydney and Peking University have launched a Joint Centre for Food Security and Sustainable Agricultural Development, which will support research into improving the sustainability and security of food systems in Australia and China.

Sydney-based biotech company, All G, has secured regulatory approval in China to sell recombinant (made from microbes, not cows) lactoferrin. CEO Jan Pacas says All G is the first company in the world to receive the approval, and recombinant human lactoferrin is “next in line”.