target audience: TECH BUYER Publication date: Dec 2023 - Document type: IDC Innovators - Doc Document number: # EUR151466823
IDC Innovators: Tech4Food, 2023
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Abstract
This IDC Innovators study profiles three emerging technology vendors that focus on the food value chain — OneThird, Wiliot, and xFarm — and leverage technologies to achieve efficiency and environment-driven outcomes.
"FAO Strategy on Climate Change 2022-2031 calls for efficiency, resiliency, sustainability, and inclusivity. However, the presence of multiple streams of food are not always fit-for-purpose," said Ornella Urso, head, IDC Retail Insights Europe. "Leveraging Tech4Food, tracking, monitoring, analysis, and forecasting enable companies to become key players for change and build reliable partner ecosystems."
"Technology in the food value chain enhances efficiency, safety, sustainability, and consumer engagement, contributing to the improvement of the food supply chain and the quality of food products. Emerging technologies — such as the ones presented in the report — can help farmers increase their harvests and organizations to achieve business outcomes, in addition to providing extended shared value to ecosystem partners and societies," said Anielle Guedes, cross-industry research lead, IDC EMEA.