The food industry grows with technology, increased revenue, chain control and the use of innovation to minimize waste and optimize production.
Mining is about to undergo a significant transformation driven by tech and digital innovation. With the advancement of new technological tools, the industry is moving towards a future where automation and energy transition play crucial roles. From the launch of artificial intelligence systems to the use of drones to monitor exploration areas, mining is adapting to an increasingly technological world. By 2025, these technological advances are expected to result in considerable growth, benefiting both environmental sustainability and productivity of the sector.
It is well known that the extractive industry is experiencing these advances. With the growing global demand for natural resources, the incorporation of digital innovation has become indispensable. In the last decade, especially after 2020, world-renowned mining companies such as Vale and Rio Tinto have adopted more innovative practices. The focus is on operational efficiency and waste reduction, which paves the way for an increasingly sustainable and conscious mining sector. Digital transformation is undoubtedly the driver for this much-needed change.
Impact of Technological Innovation in Mining
The year 2023 marks a turning point, where technologies such as blockchain and IoT are being integrated into the day-to-day operations of mining. According to the International Energy Agency (IEA), mining is responsible for providing essential materials for the manufacture of new technologies, such as batteries for electric cars. This symbiosis between industry and innovation represents not only an economic advance, but also a significant step forward in terms of environmental responsibility. The old paradigm of mineral exploration is being disrupted through the efficiency provided by these new technologies.
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Furthermore, the role of ESG (Environmental, Social and Governance) has been intensified with targets for 2025. According to the World Economic Forum’s 2023 report, companies that incorporate sustainability practices tend to see an increase in investment. The energy transition in the mining sector is not only an ethical imperative; it materializes as a competitive advantage in the global market.
Considering these advances, investor and society confidence in the mining industry is consolidating. Large companies are using telemetry and data analysis to optimize resources, which is essential to maintain competitiveness. According to data from the World Bank in 2022, these innovations have the potential to increase productivity by between 20% and 30%. Mineral exploration is entering a new era of efficiency and accountability through the strategic use of technology.
Investments in the Food Industry
The Brazilian Food Industry Association (Abia) plans to invest R$120 billion in the sector by 2026. Projections for 2024 indicate a favorable scenario for the food industry, with the opening of new businesses and product launches resulting in higher revenue. According to data from Abia, the first half of the year saw the sector reach US$ 32,2 billion in exports of processed foods, which represents a growth of 8,4% compared to the same period of the previous year.
However, despite these good prospects, logistical and operational challenges persist, especially when it comes to reducing waste. Many companies still find it difficult to identify critical points and maintain efficient control of distribution chain and the factory floor. The lack of visibility in production line prevents effective assertiveness, since production is guided by sales planning and, if this is not based on accurate data, waste accumulates, from labor to raw materials and equipment.
Digital Transformation in the Food Industry
Digital evolution is an unavoidable reality, but one thing still prevails market culture that is guided by sentiment rather than concrete information. Many still avoid relying on robust data-based systems, such as Data Driven, which would identify the ideal turnover and allow marketing according to demographic and regional profile. However, use of technology establishes itself as a strategic ally in the food industry to combat waste. With technological support, it is possible to identify hidden costs that contribute to inefficiencies, visualize financial leaks, integrate information, increase productivity, among other factors.
The effective use of technology allows for improved and transparent management, favoring not only organizational performance but also compliance with sustainability standards and guidelines. With the centralization of information, obtaining metrics becomes practical, facilitating the analysis of consumer habits and behaviors according to the region, which allows for more precise market guidance. Even so, technology represents only the means to achieve results.
Strategies for Improvements in Industry
To ensure improvement indicators real, it is imperative to revisit processes and establish new practices, cultivating a new organizational culture. In this context, having a expert advice in the segment can be a valuable strategy. With the expertise of a qualified team, it is possible to design the best path to follow, eliminate bottlenecks and take advantage of opportunities that boost the business. The expectation is that the food industry will continue its expansion next year.
Factors such as population longevity, which increases demand, and the agribusiness performance, which provides the base inputs for the industry, are decisive in this growth. However, greater production can translate into higher levels of waste. Therefore, it is vital that the sector incorporates the use of technology as an ally in strategic and operational decisions, enabling real-time monitoring. These initiatives can result in a significant leap in the performance of the sector, which is well positioned to advance even further. Alan Gomes, business director at SPS Minas, reinforces this optimistic outlook for the future of the food industry.
Source: ABIA Press