Tech Talks Daily

1258: How IoT and Digital innovation Is Transforming Food Retail


Listen Later

We currently grow enough food to feed the population twice over, yet more than two billion people experienced moderate or severe levels of food insecurity in 2019, equating to around 26.4% of the world’s population. It’s an unsustainable model at a time of elevated demand and digitization (like traceability systems etc) can manage the advocacy, source, and safety of food.

Jason Murphy is Managing Director, IoT Retail for IMS Evolve, a company whose technology for the past twenty years has helped food retailers change their refrigeration practices to extend stock shelf-life and increase the supply of perishable foods for consumption. It does this with a platform that automates and maintains commercial fridges and freezer systems by collecting and managing the vast volumes of data being generated. The technology is currently in use across as many as 20,000 sites globally.

Jason shares how supermarkets have adapted quickly during the pandemic to ensure the nation stays fed and how connected systems such as contactless payments, self-checkouts, and shop services have enabled social distancing without upgrades or extra staff.

We discuss how digital innovation, such as customer flow tracking and footfall analytics allow one-way and one-in-one-out policies to be rolled out efficiently; and how IoT connectivity across the ‘cold supply chain’ has meant stock levels remain high. Jason also talks about the rapid digitalization of the food supply chain - from agriculture all the way through the chain to the home, where wastage is excessive.

...more
View all episodesView all episodes
Download on the App Store

Tech Talks DailyBy Neil C. Hughes

  • 5
  • 5
  • 5
  • 5
  • 5

5

197 ratings


More shows like Tech Talks Daily

View all
HBR IdeaCast by Harvard Business Review

HBR IdeaCast

1,830 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,033 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

519 Listeners

Software Engineering Daily by Software Engineering Daily

Software Engineering Daily

621 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

175 Listeners

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence) by Sam Charrington

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence)

441 Listeners

Fintech Insider Podcast by 11:FS by 11:FS

Fintech Insider Podcast by 11:FS

186 Listeners

Gartner ThinkCast by Gartner

Gartner ThinkCast

112 Listeners

Super Data Science: ML & AI Podcast with Jon Krohn by Jon Krohn

Super Data Science: ML & AI Podcast with Jon Krohn

298 Listeners

NVIDIA AI Podcast by NVIDIA

NVIDIA AI Podcast

331 Listeners

DataFramed by DataCamp

DataFramed

267 Listeners

Practical AI by Practical AI LLC

Practical AI

192 Listeners

Big Technology Podcast by Alex Kantrowitz

Big Technology Podcast

443 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

351 Listeners

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

479 Listeners