Agriculture solutions provider Croptracker Inc. has developed a revolutionary technology that can accurately predict the size of harvested produce. The Harvest Quality Vision 3.0 (HQV 3.0) utilises off-the-shelf LiDAR technology that’s found in iPads and iPhones. It’s connected to a mobile app that provides instant empirical analysis of crop samples within seconds after scanning. The proprietary AI technology used recognizes fruits and measures them accurately to fractions of a millimeter. It … [Read more...] about Croptracker set to introduce AI-powered scanning tech
Automation
More investment in cybersecurity seen globally, including F&B
According to an independent survey conducted by security company Claroty, 4 in 5 organisations in the Asia-Pacific (APAC) region have been impacted by ransomware. Over half paid ransom, as revealed by the Global State of Industrial Cybersecurity 2021: Resilience Amid Disruption. Recently, companies in the food and beverage industry were targeted by large-scale cyberattacks. In 2021, global meat processor JBS paid about $11 million in ransom to resolve a cyberattack. Recently, U.K.-based KP … [Read more...] about More investment in cybersecurity seen globally, including F&B
Higher demand of machine vision systems to be seen in F&B
The machine vision industry is projected to see positive growth in the next 3 years, according to analysis conducted by Frost & Sullivan. Market opportunities are driven by increasing demand for automation to boost operations and productivity, particularly in the food and beverage industry. The industry is estimated to reach $14.02 billion in revenue by 2025, up from $10.28 billion in 2020. Annual growth rate is expected to be at 6.4%, with the Asia-Pacific region being the largest and … [Read more...] about Higher demand of machine vision systems to be seen in F&B
