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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

Plans for the Turbine food and beverage pilot precinct on the Sunshine Coast have collapsed after the project failed to secure sufficient commercial support to meet key funding milestones.

Tasmanian agribusiness TasFoods has entered voluntary administration after failing to secure a buyer for its Nichols Poultry business. Partners from KPMG Australia – Tim Mableson, David Hardy and Emily Seeckts – have been appointed as joint and several voluntary administrators to the group.

Entries for the 2026 Hive Awards are open, but the clock is ticking, with just 1 day left to get your entries in – the closing date is 13 March! There are nine awards up for grabs, with three new categories this year – Best New Food Product, Best New Beverage, and Best NPD. Go, go, go!