3 Things to Know when Choosing a Solution Provider to Secure Your Companies Future It’s only been a short while since the world has been
New tech trends in the food industry are on the rise but let’s take a look at the maturity curve to determine longevity. It may seem curious but if we analyze the first decade of the Millennium, we may find out that it embraced more technology than it seemed at first. Of course, we don’t have flying cars and robots that blend with people, but we do have Teslas, and Japan even opened a restaurant attended only by robots.
Even so, it’s undeniable that the maturity curve doesn’t align with the different growth rates in every aspect of our world – technologically, socially, economically, or politically. The food supply chain system is one that benefited the most with tech trends, but do they all fit the maturity curve?
Can tech trends find their place in the food supply chain?
Let’s begin with a quick review of some trends that are already rounding the food supply chain industry, but still can’t prove to be safe and profitable:
The problem with blockchain is the complexity of the process. With regard to using blockchain in the food supply chain it’s important to understand that every entity must participate and must use the same blockchain for today’s use case scenario. Even with all the hype there are very few players getting on board. Therefore, with a reluctant audience it’s doubtful this technology will make gains in the food industry.
ARITIFICIAL INTELLEGENCE (AI) PLATFORMS
AI is here and some sections of the industry are already using it. However, the Food Supply chain is still not one of them. The amount of data collection and processing that this industry needs to make these platforms profitable is massive. Therefore, only billionaire companies can afford it. But in the future, there will surely be a place for AI in the food supply chain.
DIGITAL PRODUCT DUPLICATES
Unlike the current modeling process, this digital modeling would merge even variable factors such as special conditions, wearing, change of parts, among others. Nevertheless, we can only expect a few stages of this technology to be available this year or the ones to come.
5TH GEN WIRELESS TECHNOLGY
With the internet of things, AI, and augmented reality gaining importance in the food supply chain, we’ll eventually need better bandwidth. But for the moment, neither the structure nor the cost is profitable for the industry.
All the above technologies have been widely promoted and are exciting for everyone. In addition, they may be reaching the market in other industries such as public service. Sadly, for the food supply chain, there are still many obstacles and external factors to be overcome. So, we’ll just keep an eye on the new tech trends in the food industry in order to determine if and when they meet the maturity curve.