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
food manufacturing tech
Wiliot introduces Sensing as a Service platform, includes compact computer
Technology has made significant strides in the past decade or so, as capabilities that were once seen as science fiction are now becoming reality. Things like artificial intelligence (AI) and the Internet of Things (IoT), and even supercomputers are not only existing, but they’re being adopted more and more in homes and businesses belonging to various industries including food packaging. Wiliot is one such company that has introduced a Sensing as a Service platform during PACK Expo 2021. This … [Read more...] about Wiliot introduces Sensing as a Service platform, includes compact computer
