Have you been keeping your eye on the Fourth Industrial Revolution? Experts including Klaus Schwab (Founder and Executive Chairman of the World Economic Forum) believe it’s already underway. Also known as Industry 4.0, or 4IR, it represents huge changes in the way we live, work, and relate to one another.
According to a report by McKinsey, 4IR started in the mid-2010s, when technologies that enable automation and digital connectivity began to transform the manufacturing industry.
And we all know the COVID-19 pandemic rapidly accelerated digitisation and paved the way for technologies like AI and XR to become solidified as part of our daily lives. Not just because technological developments are advancing, but also because the pandemic encouraged more people to accept the value of tech for communication and everyday tasks.
But hold on. We’re here to talk about food, not just tech.
The short answer is that there are many possibilities. And as tech continues to develop at pace, the potential implications for the food industry appear to be limitless.
But here are a few ways we’re already seeing innovative industry leaders use cutting edge technology to change the future of food.
4IR is having a major impact on food businesses, and the companies that adopt new technologies early are more likely to be market leaders in the future – while those that fail to engage with new technological opportunities will fall behind.
Because it’s not just about using sci-fi tech to create new forms of protein, or flying drones over your farmland; all food businesses will be affected by new technologies. Advanced data analytics, for example, are being used to track food safety at every point in the supply chain – driving a rise in safety standards that all businesses will have to stay on top of.
And when food safety standards are heightened by tech, it’s tech that will provide the solutions companies need.
Changes will continue to roll in. And as 4IR progresses, the technologies it encompasses will help to feed the world’s growing population, ensuring that everyone has access to safe, nutritious food by enabling more efficient and sustainable food production.
We’ve got you. Come to InFlavour – happening in Riyadh, 29-31 October 2023.
A feast of international F&B experts will share the latest developments in the Fourth Industrial Revolution, cutting edge technologies, and the future of food. You’ll learn how global food industry leaders are adapting to change and thriving with tech. And you’ll connect with new partners who can help bring your food business into the future.
Take your seat at the InFlavour table, a government-backed and world-leading B2B food event by Tahaluf.E-mail address Submit