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Being aware of developments in other industries as they’re happening can help you anticipate new solutions to improve efficiencies and add value in your business. Aside from the Internet of Things (IoT), information-driven manufacturing (iDM), social robots and Internet 5.0, here are three trends manufacturers need to watch:

1. Rapid prototyping + crowdfunding: Together, these two trends allow almost anyone to bring solutions to market quicker than many organisations can develop counter measures. It is the very definition of “disruptive innovation”.

2. Cradle-to-grave traceability: Every recall hitting the headlines reminds manufacturers of the critical need for end-to-end traceability to mitigate the risks to consumers and businesses. Intensifying this need are the proliferating counterfeit markets, worth US$32 billion and causing one million deaths annually. Traceability can counteract this.

3. Beyond the IoT: Blockchain is an emerging technology beginning to play a major part in IoT, especially with its potential to overcome many manufacturers’ concerns around data security. Another IoT evolution is machine learning, which falls under the wider artificial-intelligence umbrella. While adding natural language processing to machine learning gives a whole new opportunity: cognitive learning systems.

Find out more about these trends by reading the full story here and watching this video:

 

Food & Drink Business

Queensland’s Food Technology and Manufacturing Exhibition returns to Brisbane this month! The triennial FoodTech Qld expo is on 28-30 July 2019 (Sunday to Tuesday) at the Brisbane Convention & Exhibition Centre. This year’s theme is “Creating new lines in manufacturing” and aims to deliver nothing less.

Findings from a study of more than 100,000 people over nine years suggests that reducing sugary drinks may reduce cancer risk.

Drought-tolerant grape varieties from Cyprus will soon be trialled for suitability in Australian conditions, with researchers from the University of Adelaide hoping the vines will be able to grow “with minimal to no irrigation”.