what does internet of things mean for food and beverages industry

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25 September 2015 What does “Internet of Things” mean for the food & beverage industry? Sajith Wimalaratne

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Page 1: What does internet of things mean for food and beverages industry

25 September 2015

What does “Internet of Things” mean for the food & beverage industry?

Sajith Wimalaratne

Page 2: What does internet of things mean for food and beverages industry

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

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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

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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

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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!!!

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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

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25 September 2015 7Commercially Confidential

IoT in Medical and Sports & Fitness

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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

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25 September 2015 9Commercially Confidential

Food and beverage industry?

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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?

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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

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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

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Retailer

Centralise operation by using the data that sensors generated in

the retail establishment

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25 September 2015 14Commercially Confidential

Consumer

Improve consumer engagement with the product

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25 September 2015 15Commercially Confidential

Condition monitoring

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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

Page 17: What does internet of things mean for food and beverages industry

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.

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