"COVID-19 Impact on Mondelēz International, 2022 Update", reports key findings as of 17th May, 2022 based on market analysis and brand diversification by industry and geography. Mondelēz is one of the leading companies in food sector, making strategic investments into expansion of its non-food business.

1. Cost inflation continues to be a problem for food manufacturers, so they are looking into
new ways to make and distribute products more effectively. The internet of things (IoT) is
one tool that has had a small impact on the food manufacturing industry, but it could have
a big impact in the future.
IoT sensors have already been implemented in the factories and supply chains of a few food
groups, and more are testing the technology to see if it has any additional advantages.
Some tech specialists accept that throughout the following ten years IoT gadgets could
become unavoidable in assembling, which is borne out by certain estimates. By 2024, the
IoT market worldwide is expected to generate $1.1 trillion in revenue, a significant increase
from the $622 billion recorded in 2022.
Food makers' utilization of IoT on ascent
IoT is definitely not another idea. Manufacturers in a variety of industries have been quietly
utilizing it for years; however, over the past decade or so, the general public's awareness
and comprehension of the technology has significantly increased as a result of an increasing
number of smart connected devices being installed in homes, including doorbells and
thermostats.
In layman's terms, the Internet of Things (IoT) is a collection of smart devices that are
interconnected via the internet. IoT typically consists of a number of sensors installed
throughout factories to monitor things like temperature, movement, and noise in a
manufacturing environment.
According to Keith Thornhill, who heads Siemens Digital Industries' work with the UK food
and beverage industry, the implementation of the technology is now beginning to pick up
pace. Although the adoption of IoT by food manufacturers may have been slow compared
to adoption rates in other sectors to date,
According to Thornhill, "a greater emphasis on real-time data connectivity across all parts of
manufacturing is essential to better understand operations" because "it is clear that to
measure is to manage." However, data is generated by more than just production lines:
Buildings can generate a lot of data about usage, temperature, and other things.
"Factories, regardless of their size, have developed into enormous data centers with a great
potential for gathering useful insights in all areas to improve production. As a result,
manufacturers are increasingly realizing the significance of processing this production data
on a larger scale.

2. The Internet of Things (IoT) isn't just being used in factories. According to Melody Dunn,
director of global distribution industries at IBM Technology, which runs the Watson IoT
platform, there are numerous additional food industry applications for the technology.
She asserts, "The internet of things is emerging as the savior that promises to bring together
data from on-field sensors, aerial drones, and weather data to generate actionable insights
for the agribusiness, leading to improved yield quality, quantity, and resource utilization."
This is also happening in the production of food, ensuring the safety and quality of
consumer goods. Additionally, IoT is being used to monitor refrigerators in trucks and retail
stores to guarantee food safety throughout product distribution.
highlighting the advantages of IoT technology The findings of some food groups that have
already implemented IoT technology are impressive to read. On IoT projects, Siemens
collaborates with food and beverage manufacturers. According to Thornhill, Kinnerton, a
confectionery manufacturer, implemented a "totally integrated automation solution" with
data connectivity, which led to a 15% increase in productivity on one line. He continues, On
a larger scale, technology investments in data connectivity have enabled a Nestlé factory in
Juuka, Finland, to save up to EUR 100,000 annually.
One of the most prominent food industry users of the Internet of Things, Nestlé has
installed approximately 5,000 sensors in its factories to enable predictive maintenance.
According to Howard Baker, head of engineering services and technologies at Nestlé, "We
have also deployed energy metering and monitoring sensors in more than 100 factories to
drive energy efficiency." Sensors have helped us keep track of materials as they moved
through our supply and manufacturing processes. Additionally, we routinely make use of
"smart" sensors to monitor and improve the critical process parameters that guarantee both
resource efficiency and quality.
"We have been able to reduce downtime, increase capacity, improve resource efficiency
(GHG, energy, and water), and improve the quality of our products for the consumer as a
result of these implementations."
Arla Foods, a dairy conglomerate, is one more major food manufacturer that has
incorporated Internet of Things (IoT) technology into various aspects of its operations.
“What IoT gives you is a precision and resolution of data that you were not able to capture
before or you may have been doing manually,” says Tamas Toth, head of global supply
chain IT at Arla. "What IoT gives you is a precision and resolution of data that you were not
able to capture before or you may have been doing manually." For instance, you might load

3. the milk at the farm and pump it into the tanker. The tanker driver would then fill out
paperwork to show how many liters of milk he had received. On the paperwork, he might
have written a six, but he meant to write an eight. Because the Internet of Things does not
make mistakes, you can eliminate the usual 10% of human error.
According to Toth, one of the primary applications for Arla at the moment is energy
metering and identifying energy consumption and waste hotspots. To make powdered milk,
you need to dry the milk and vanish a ton of water, which is very energy serious," he makes
sense of. " By utilizing IoT and simulated intelligence, we have some control over the cycle
and direct the temperature in a high recurrence to guarantee it's the right required least
temperature as opposed to simply turning the burner on most extreme, medium or low.
That can have a significant impact on energy savings, sometimes as much as double-digit
percentages.
“Some way to go” The capacity of machines to communicate with one another at a speed
that was previously unattainable is one of the major untapped opportunities for food
manufacturers. This connectivity enables crucial decisions to be made within seconds.
According to Bob Schug, vice president of digital services and supply chain at COVID 19
Impact on Mondelez International which is utilizing IoT in various business areas,
"manufacturing sites can now leverage information that they couldn't see before, near real-
time, and it can empower them to make better decisions about line performance and
product quality, improving service to customers and ensuring consumers have a great
product experience."
Schug says that food manufacturers can benefit from IoT technology because the sensors
are affordable, adaptable, and portable. They can also cost-effectively solve big problems,
especially for more traditional manufacturers that have been slow to adopt technology.
According to Schug, "I think it can feel quite daunting for businesses that have grown up in
an analogue age and are looking at a complete digital transformation." The Internet of
Things (IoT) gives us options we didn't have even a few years ago to transform without
spending a lot of money replatforming some old equipment that is still very useful and
works well.
"It helps us understand where we could add a digital signature or put a digital component
in our manufacturing or logistics operation where we can really learn and become more
effective – and it is affordable and approachable enough that this will be widespread over
time."

4. “Technology experts say that food manufacturers have barely scratched the surface of fully
utilizing the potential benefits that IoT technology offers at the moment. According to
Siemens' Thornhill, only 38% of manufacturers agreed that they had "somewhat" achieved
data maturity, despite the fact that 81% of food and beverage manufacturers in the UK and
Ireland are exploring additional methods for capturing, managing, and analyzing production
line data. We actually have a smart approach."
Schug concurs. He thinks that the Internet of Things (IoT) will soon be everywhere in
manufacturing and distribution settings. I think there are many, many use cases that assist
us with beginning associating start to finish a few cycles that before were decently siloed,"
he says.
When you look at a conventional supply chain, what happens in the warehouse frequently
stays in the warehouse, while what happens in the manufacturing plant frequently stays in
the manufacturing plant. In addition, these amazing technological advancements enable us
to connect things in a way that we were unable to do before, almost in real time, and we are
able to observe some of the inefficiencies that we lost by optimizing these various settings.
Food manufacturers appear to still have opportunities to take advantage of, and considering
that boardrooms are still concerned about costs, investments in IoT may be part of more
companies' efforts to alleviate that pressure.