How digital technology can transform the food and beverage industry

Back in 2018, Accenture estimated that food and drink (F&D) businesses could reduce costs by almost £53 billion and add £3 billion in revenue over ten years by adopting some key digital technologies in food and beverage digital trasnformation. At the time, Accenture managing director Yen-Sze Soon said: “Most food and drink companies we work with recognise that digital technologies can drive transformation and growth, but many aren’t yet realising this potential. This research quantifies the potential prize for industry, individuals and society if they get this right.”