Artificial Intelligence is catching the attention of businesses across many disciplines and sectors with Food Processing and Handling (FP&H) being one of them. Today, the FP&H industry is capped at a whopping $100 billion and will continue to grow at a CAGR of 5% at least till 2021 says, McKinsey. AI is impacting the FP&H industry both directly and indirectly. For example, Indirectly, it helps farmers with weather prediction, which will help farmers to produce high-quality raw material for food processing companies, helping them to save bucks on sorting a product. AI also helps transportation companies in reducing the shipping cost, making food processing companies pay lesser for transportation.

But what does AI really mean for the food industry and what are the implications, asks Stephanie Duvault-Alexandre, a consultant at software provider FuturMaster? According to a report by Accenture, 85 per cent of organisations have planned to adopt digital or AI technologies in their supply chains during the last year. The value of AI is estimated to be worth $36.8bn globally by 2025 predicts US market intelligence firm Tractica. AI is not necessarily a concept that's all that new. Various names refer to more or less the same thing.

Artificial intelligence (AI) brings a new dawn to media intelligence, where AI technology is used to rapidly process vast amounts of Big Data. AI-powered processing can deliver accurate sentiment analysis, uncover insights in media coverage, and identify themes and trends emerging from public conversations. At the end of 2016, 90% of all data in the world had been created in the previous two years. Forty thousand searches are done on Google every second and, every minute, up to 300 hours of video are uploaded onto YouTube alone. As the importance of data increases in our day-to-day lives, the problem is this: How do you make sense of it all?