what does internet of things mean for food and beverages industry
TRANSCRIPT
25 September 2015
What does “Internet of Things” mean for the food & beverage industry?
Sajith Wimalaratne
25 September 2015 2Commercially Confidential
This presentation was created for you by…
For our work for you I can draw on the skills from across our 500+ engineers, scientists, consultants & designers
Sajith WimalaratneCommercial Lead for our Food & Beverage Systems
I have over 8 years of experience in providing technology intelligence, market analysis and strategy consultancy to some of the largest global corporations. The industries include food & beverage, pharmaceutical, agri-food, fast moving consumer goods (FMCG), healthcare, petroleum, chemicals and materials. I have a particular interest in connected device developments. across the food & beverage systems.
Contact me for further [email protected]+44 1223 420024
25 September 2015 3Commercially Confidential
Has been in discussion Press and analysts are talking about it Conferences are being organised Products are beginning to appear
Is the “Internet of Things” just a catchphrase?
Today, there are about 14 billion objects connected to the Internet. Industry analysts estimate the number of connected
devices could be anywhere from 20 billion to 100 billion by 2020 – A report by the UK
Government
“Industrial Internet” has the potential to add $10 to $15 trillion
to global GDP over the next 20 years – GE
By 2020, more than 5 billion people will be
connected, not to mention 50 billion things – World
Economic Forum
25 September 2015 4Commercially Confidential
Definitions
“The Internet of Things (IoT), also called Internet of Everything is the network of physical objects or "things" embedded with electronics, software, sensors, and connectivity to enable objects to exchange data with the production, operator and/or other connected devices based on the infrastructure of International Telecommunication Union's Global Standards Initiative.” – Wikipedia
“The Internet of Things is the network of physical objects that contain embedded technology to communicate and sense or interact with their internal stares or the external environment” – Gartner
“A proposed development of the Internet in which everyday objects have network connectivity, allowing them to send and receive data” – Google
The definition of IoT can vary by source. However, there are similar keyword in different definitions
25 September 2015 5Commercially Confidential
Internet of things is driven by trying to make things easier for the consumer
IoT is a technology suite that could provide limitless opportunities for consumers!!!
25 September 2015 6Commercially Confidential
The “Internet of Things” is enabled by
SENSORS
Generates data Data are digitised and placed into networks
Actionable andmeaningful information Digital Services
Bluetooth
Bluetooth smart
Cellular
Wifi
Zigbee
Position / Presence / Proximity
Motion / Velocity / Displacement
Temperature
Humidity / Moisture
Acoustic / Sound / Vibration
Chemical / Gas
Flow
Force / Load / Torque / Strain / Pressure
Leaks / Levels
Electric / Magnetic
Acceleration / Tilt
Customer relationship & support
Analytics and cloud
Upgrades and configuration
Remote monitoring / Maintenance
Control & Automation
Supply Chain Management
Security / Energy
Mobile Devices & Apps
Locations & Tracking
Financial
CONNECTIVITY ALGORITHMS VALUE ADDED SERVICE
25 September 2015 7Commercially Confidential
IoT in Medical and Sports & Fitness
25 September 2015 8Commercially Confidential
Smart insulin pen
Medical and Sports & Fitness industryConnected medical & sports
devices that are considered as IoT are already in the market
Smart inhalerEmergency alert systems
Connected bike
25 September 2015 9Commercially Confidential
Food and beverage industry?
25 September 2015 10Commercially Confidential
Food & beverage supply chain
LOGISTICS
FARM MANUFACTURING CONSUMERRETAIL
What opportunities can IoT bring to the farm, the manufacturing
sector, the retailer, the consumer and to logistics?
25 September 2015 11Commercially Confidential
The farmer could be centrally located and they could be
directing the operation using big data generated from sensors
located in the fields and vehicles
Farm
25 September 2015 12Commercially Confidential
In the manufacturing sector the humans are becoming a vanishing
breed, the machine to machine communications will therefore grow in importance when food manufacturers
seek to leverage the IoT
Manufacturing
25 September 2015 13Commercially Confidential
Retailer
Centralise operation by using the data that sensors generated in
the retail establishment
25 September 2015 14Commercially Confidential
Consumer
Improve consumer engagement with the product
25 September 2015 15Commercially Confidential
Condition monitoring
25 September 2015 16Commercially Confidential
In the full presentation we will discuss opportunities & barriers in detail
How is IoT enabled Further opportunities for the farm, manufacturing, retailer and consumer with
examples Warning signs and things to look out for when implementing an IoT
– Security & data protection issues around implementation and how to overcome them
Detailed information around technologies that Cambridge Consultants developed and that are related to the IoT
How can technology enable a barmen less bar, connected fitness, a future supermarket
25 September 2015
Cambridge UK
Registered No. 1036296 England
Cambridge Consultants is part of the Altran group, a global leader in Innovation. www.Altran.com
www.CambridgeConsultants.comThe contents of this presentation are commercially confidential and the proprietary information of Cambridge Consultants © 2015 Cambridge Consultants Ltd. All rights reserved.
Boston USA Singapore