Getty Images – Teera Konakan The food and beverage industry is at a pivotal point going into 2025. Companies understand digital transformation is essential, but they are spoiled for choice and every decision is fraught with challenges. The result is companies are falling behind due to “option paralysis” and a reluctance to disrupt existing systems. Food and beverage was a key market of the recent IFS report, which surveyed global manufacturing leaders. IFS found that while manufacturing leaders admit their businesses cannot survive without the right technology, fewer than 10% qualify as digital leaders. A striking 65% of respondents labeled themselves as “laggards,” who are falling dangerously behind and have stalled at the early stages of digital transformation with no firm plans in place. Food and beverage manufacturing companies can tackle the top three digital transformation challenges — cybersecurity threats, supply chain disruptions and climate change — and clear the way to reap the benefits of digital change. Getting to Grips with Digital Transformation According to the IFS report, digital leaders invest 45% of their budget on digital transformation, driven by clear strategies and ROI-focused investments. Meanwhile, laggards continue to fall deeper into the digital abyss, paralyzed by too […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
