Many supermarkets, catering kitchens, distributors and more deal with various perishable products every day. Yet the fear of incurring losses due to the regulatory and malfunction issues have forced many of today’s food manufacturers to rely on technology, according to industry experts from Allied Market Research, Portland, Ore. In fact, researchers analyzing the size and share of the frozen foods market reveal that technology, such as Internet of Things (IoT) has finally stepped in to avoid such situations.
IoT helps prevent the downtime that often occurs with broken equipment and helps do away with food and energy wastage. Sounds like a clear win-win doesn’t it? Here’s how technology has contributed to the development of new retail products.