Tuesday, 17 March 2020

Will Artificial Intelligence Lead to the Food Revolution?

Artificial intelligence has brought some great many revolutions in the world. It is impacting every single industry that it touches while leaving the others impressed with the impact. Artificial intelligence is one of the cutting edge technologies that leverage the abundant data in the world to unbridle the complicated or mundane tasks only do be learned by the machines. Be it business, healthcare, education, entertainment or any other industry, the presence of artificial intelligence is making all of these, not just progressive but also a lot self-equipped.

AI and Revolutions Around the World

If we care to look closely around the world, we will find that artificial intelligence has penetrated our ordinary lives in more than a few ways. Right from the search engine that we look up for various kinds of information to the websites that we browse for information, smart gadgets that we wear, smartphones and laptops along with the apps running over it are all powered by artificial intelligence.

After all, every business in the market today regardless of their industry is trying to harness the power of artificial intelligence in one way or the other. This is in one part coming from the rapidly fluctuating demands of the customer and the rest from the burden of innovative tech titans in the market.

The point is that whenever there’s something new in the market, especially a cutting edge technology like artificial intelligence, there is an excitement among the tech titans to leverage it and gain a competitive edge in the market. They’d embrace the technology, invest money and resources in it and come out with a viable solution for the customer. Based on analytics, these python development companies understand the demands of the customer, their behavior and how that will change in the future. And with AI in the picture, these demands are adequately catered, leaving customers with more than a satisfactory experience.

Let’s try to understand that by now, the customer experiences are already shaped by a few large enterprises. Even though it depends on the segment of the market that one is targeting, the leaders in that segment as well try leveraging advanced technologies. On the other hand, when it comes to small and medium enterprises, they are often held back by resource constraints in their business. They find technology as the biggest disruptor of the market and find it difficult to get on board with them.

But since there is already a lot of pressure from big players, customers expect every other business to perform equally well in the market. Take the case of e-commerce as an example. Customers want 24 * 7 customer support at different mediums like chat, phone, email, etc., a good product catalog, easy shipping, and convenient browsing along with an engaging experience among others.

So, unless SMEs cater to these demands there is no way that they can gain a competitive edge in the market. However, leveraging AI can change the picture and help them provide an enhanced level of satisfaction among the customers. What they must understand is that the days when technology was the core competency of companies are long gone. Now organizations are backed by the data they have because the technology is already out there. They just have to leverage it for the data that they have accumulated.

The Food Revolution

Coming to the food industry, researchers are looking for recipes that are backed by the data of user preferences. In other words, the recipes of the future will be shaped by the taste buds of the customers. Alternatively, there is an urgent need for food solutions that can help agriculture thrive and bring a culture of stability in the picture.

In a recent initiative, Danone and Microsoft have joined hands to launch the AI Factory for Agrifood. It is a startup accelerator program that aims at accelerating the digital transformation for food. The reputed organizations look into the ideas of regenerative agriculture, sustainable food, waste minimization, and supply chain optimization as a revolution that will guide the food industry in the future.

The full ecosystem approach of this project will harbor startups who have specialized knowledge in the field and will be provided personalized support to bring about sustainable solutions for the planet as well. The idea is the artificial intelligence is one such technology that has been sweeping industries with efficient and fastidious processes, which are also cost-effective. When applied to the agricultural sector, it can not only improve the agriculture systems but also improve the food value chains.

For those not familiar with the organization, Danone is a famous French dairy giant that leverages data analytics to build an end to end planning system covering both the operational and strategic requirements, extending from the suppliers to the customer. The data-driven planning is leading to improve on-shelf availability, reducing waste in the supply chain as well as improving customer’s rate of satisfaction.

Conclusion

Just the way the organization Danone is changing the face of dairy in France, the same knowledge and model can be applied to the entire food chain for sustainable living. By collecting data, evaluating the progress of where we are along with measuring the right KPIs can help in simplifying the complex food system we have in the world today. Ultimately, we need sustainable living options, considering the planetary crisis we’ve built for ourselves.

environmental artificial intelligence – DepositPhotos

The post Will Artificial Intelligence Lead to the Food Revolution? appeared first on Tweak Your Biz.



source https://tweakyourbiz.com/technology/trends/ai-food-revolution

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