AI in Food & Beverages News

Recent industry report about AI in Food & Beverages company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ AI in Food & Beverages Market industry experts.

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AI in Food & Beverages News

  • May 2022: FANUC America, a CNCs, robotics, and ROBOMACHINES solutions provider, introduced the new DR-3iB/6 STAINLESS delta robot for primary food handling and picking and packing primary food products. The new DR-3iB/6 Stainless robot was expected to help companies maximize production efficiencies without compromising food safety.
  • April 2022: Pudu Robotics, the global leader in commercial service robots, unveiled PUDU A1, its first compound delivery robot designed for employment in a restaurant setting. It included food recognition, positioning, and grasping technology. The robot incorporates the mechanical arm in the restaurant scenario, bridging the gap between the kitchen and the dining table. The robot calculates the space where the dishes are to be placed and correctly places the dishes on the table with optimal obstacle avoidance path planning in real-time.

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  • June 2023: TIM, a telecom operator, and Ericsson announced an increase in their investments in private networks and IoT projects in Brazil. TIM has announced various new projects, particularly in smart cities/public lighting. In the previous month, the company announced a smart lighting project in Porto Alegre, Rio Grande do Sul state, using 4G NB-IoT technology for IPSul, the concessionaire responsible for public lighting in the city.
  • November 2022: Emerson Electric Co. announced the completion of the USD 3-billion sale of its InSinkErator business to Whirlpool Corporation. InSinkErator was founded in 1938 and acquired by Emerson in 1968. It manufactured food waste disposers and instant hot water dispensers for home and commercial use. Whirlpool Corporation, a home appliance industry leader, is well-positioned to capitalize on InSinkErator's substantial legacy and performance to achieve long-term growth and success.

August 2022: MIT declared that its researchers had developed a technique for 3D printing constituents with adjustable mechanical properties, these materials sense the way they are moving and working together with the surroundings. The academics create these dynamic structures using just one material and a single run on a 3D printer.

  • October 2023 - An SAR1 billion (USD 266.6 million) contract has been signed with the Hong Kong space company, which will set up satellite manufacturing facilities in Saudi Arabia. ASPACE will continue to increase its investment in line with the project phases, including R&D, component production, subsystems, and final assembly of satellites, as the Kingdom cements its position as a global manufacturing hub for foreign companies. By investing in advanced satellites, which represent 70% of the global satellite market, this deal will ensure that ASPACE is leveraging the strategically located region to improve its space capabilities.
  • February 2023: Hispasat, a Spanish communications satellite provider, launched the Amazonas Nexus, bringing a new era in satellite communications. It is a high-performance geostationary satellite that will enable high-speed internet connectivity throughout the Americas, the northern and southern Atlantic corridors, and off-the-grid locations like Greenland and the Amazon rainforest. It was specifically created to provide connections on ships and airplanes and would significantly aid in bridging the digital gap in Latin America quickly and effectively.
  • February 2023 : Cobham Satcom and RBC Signals, a global satellite data communication solutions provider, have announced an extended agreement to deploy Cobham Satcom's adaptable Tracker 6000 and 3700 series ground stations globally. The collaborative partnership between the two parties will dramatically expand RBC Signals' vast owned and partner ground network, providing integrated communication services to NGSO missions and constellations for Earth Observation, IoT, and Space Situational Awareness.
  • September 2023 - Honeywell announced the integration of quantum computing hardware encryption Keys on smart utility meters to protect the end user's data from increasing cyber threats. To help strengthen reliability and trust in a digitalized energy sector, the company will use the Quantum Origin technology of Quantinuum. To ensure that natural gas, water, and electricity infrastructures are maintained for residential and commercial purposes, the enhanced security utility meter establishes a new benchmark that protects against data breaches.
  • June 2023 - Badger Meter has partnered with the city of Savannah to begin the first phase of the system-wide implementation of Advanced Metering Infrastructure (AMI) or "smart" meters for its water customers. In the first phase of system-wide implementation, a total of 10,000 water meters will be upgraded to AMI meters.
  • January 2023: Tapo, a TP-Link brand and international provider of smart home products, launched its first matter-compatible product, the Tapo P125M. Adopting the industry-unifying matter protocol, the smart plug is powered with convenient connectivity and delivers broad third-party integration.
  • January 2023: Samsung announced a SmartThings Station, which uses multipurpose smart home devices that can double as a wireless charger for Galaxy smartphones and wearables. It is a 2-in-1 device with a hub for smart home products, including Matter-enabled devices, and it also has a fast wireless charging pad.
  • February 2023: Mercedes-Benz and Google unveiled an extensive and visionary partnership aimed at revolutionizing the automotive industry and elevating the digital luxury car experience to new heights. In an industry-first move, Mercedes-Benz is set to develop its distinct navigation system, harnessing the advanced capabilities of the Google Maps Platform to craft an unparalleled driving experience. This groundbreaking collaboration will grant Mercedes-Benz exclusive access to Google's cutting-edge geospatial technologies, providing users with an array of exceptional features. These include comprehensive location data, automatic route optimization, up-to-the-minute traffic updates, and even predictive traffic insights, among other remarkable functionalities.
  • January 2023: Mapbox, the platform for mapping and location services, joined forces with Toyota Motor Europe to introduce Cloud Navigation powered by Mapbox Dash. This transformative partnership brings an unprecedented level of real-time information to Toyota's Yaris, Yaris Cross, and Aygo X models, enhancing the driving experience in terms of efficiency, convenience, and safety.
  • September 2023 - Honeywell announced the integration of quantum computing hardware encryption Keys on smart utility meters to protect the end user's data from increasing cyber threats. To help strengthen reliability and trust in a digitalized energy sector, Honeywell will use the Quantum Origin technology of Quantinuum. To ensure that natural gas, water, and electricity infrastructures are maintained for residential and commercial purposes, the enhanced security utility meter establishes a new benchmark that protects against data breaches.
  • June 2023 - Xylem officially announced the opening of its new testing facility for bulk water meters in Laatzen, Germany. The new facility is a significant investment in its metrology branch, Sensus, and a dedicated commitment to the success of the latest ultrasonic bulk water meter, Cordonel.
  • Cordonel and other bulk water meters in this new test bench may be tested in accurate installation and extreme environmental conditions due to its U0D0 section and integrated climate chamber.
  • January 2023: Social Mobile, an enterprise mobility solutions provider with a specialization in Android Enterprise development, introduced Social Mobile ONE. This innovative offering, known as Device-as-a-Service (DaaS), provides fully customized enterprise mobility solutions through a subscription-based model. Social Mobile ONE promises significant cost savings for clients across diverse industries, including healthcare, retail, and hospitality.
  • June 2022: Athenahealth, Inc. unveiled athenaOne voice assistant, a mobile-embedded digital companion powered by Nuance. This voice-driven tool enhances the efficiency of healthcare providers by simplifying information retrieval and enabling hands-free completion of critical clinical tasks within Athenahealth's electronic health records (EHR) solution. This strategic move has successfully expanded the company's service portfolio and customer base.
  • September 2022: GSK plc and Microsoft, in an innovative partnership with the Centre for Health and Disease Studies (CHDS) Nepal, initiated a groundbreaking disease surveillance project in Nepal. This pilot program harnesses the advanced capabilities of Microsoft's Premonition systems and combines them with GSK's extensive knowledge in health and disease management. The primary goal of this endeavor is to explore the potential of artificial intelligence and robotics in bolstering the local community's ability to combat vector-borne diseases and address the challenges posed by climate change.
  • June 2022: Premier introduced the PINC AI solution tailored for long-term care (LTC) facilities. This cutting-edge solution offers the same level of clinical surveillance found in acute care settings, representing a significant advancement in the realm of long-term care technology.
  • June 2023: Cardinal Health, a United States-based healthcare services company, announced that it had signed an official agreement to transfer its Outcomes business to BlackRock Long Term Private Capital and GTCR portfolio firm Transaction Data Systems (TDS) in exchange for a small equity investment in the newly formed organization. The purchase is going to generate one of the largest networks of 40,000 retail, chain, and grocery pharmacies in the country, as well as a broad, integrated portfolio of pharmacy software for workflow with involvement from patients and clinical solutions designed to serve patients, pharmacies, payers, and pharmaceutical company ecosystems.
  • March 2023: Atrium Health and Best Buy Health announced a partnership in creating new hospital-at-home services to improve patients' experiences of obtaining hospital-level care at home. The partnership aims to empower healthcare professionals to offer patients high-quality treatment while easing the financial and mental stresses on patients and caregivers.

AI in Food and Beverage Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)