Technology Shift: How Food and Beverage Companies are Getting Ahead

According to US audit, tax, and advisory firm KPMG‘s 2013 Food and Beverage Industry Outlook Survey, the food and beverage industry is significantly shifting towards technological tools that are “…redefining how companies identify growth opportunities, operate their businesses, and manage risk”. Trends show that companies utilizing these tools gain significant position to capitalize on the growing industry market.

Here’s a summary of the results from the survey:

 

A major impact comes from data and analytics. Many companies require strategic decision making, aided by strong analytical data. However, nearly 50 percent of executives rate their data/analytics as ‘average’ or lower. In addition, cloud computing shows significant growth in the industry, with nearly 80 percent of those surveyed said they plan to or have already adopted cloud computing.

With the strong technological shift occurring within the food and beverage industry, those who do not take advantage of the best technologies will fall behind. SBS Group can ensure that you stay ahead of the pack when you take advantage of our industry experts and latest software packages. For more industry and product updates, follow us on Twitter & Facebook, and join our LinkedIn Group.

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