Synthetic data and AI allowed the company to create new products and understand marketing opportunities in different regions.
As small food manufacturer wanted to gain a deeper understanding of how their consumers viewed its products, and was looking for a system that would let it collect and analyze data without having to spend a lot of money. They did this using synthetic data and AI.
With a focus on providing high-quality gluten-free and pasta products, the company needed to find a way to use its resources and technology effectively in order to get a laser focused view of what their consumers wanted.
It all boils down to using synthetic data and AI to create big data for the food industry, and any industry for that matter.
Big data can provide insights into a wide range of processes, which is why they are becoming more prevalent in almost every industry. For instance, in the food industry, these technologies can be utilized to enhance the sales and production processes.
Through the use of synthetic data and AI, the food supply chain can be improved by identifying the various factors that affect the production and sales of raw food ingredients. For instance, by developing new crop varieties, these technologies can help improve the efficiency of the food production process by allowing farmers to create crops with disease-resistant traits and produce higher yields.
By integrating AI alongside cutting-edge technologies such as synthetic data and digital twinning, big data can be converted into a single language, allowing you to collect and process vast amounts of information from diverse sources, such as research trials. These insights can then be utilized to create functional crop models and science-based approaches that can be applied in the field.
The food industry can improve the efficiency of its supply chain by analyzing the various aspects of its operations, such as field trial management and the optimal fertilizer quantities. These technologies can also help reduce the spread of diseases and improve the quality of its food.
In the case of the small food manufacturer according to their senior marketing director, sometimes it’s possible to get away with spending a lot of money on one or the other without having the necessary people to make it work. However, he noted that this method would require a lot of work to recoup the costs.
Through synthetic data and AI, the company was able to analyze the data collected from public information sources such as Amazon’s reviews and comments, and then used this data to create a synthetic user that can be used to analyze the opinions of their customers. The goal was to provide businesses with the same level of insight that brand managers and insight managers get from conducting surveys and research projects.
After seeing the amount of data that people are leaving behind online, the company’s co-founder and CEO, said that there’s a clear advantage to using synthetic data and AI to analyze this data. He noted that by doing so, his business and other businesses could get a deeper understanding of their customers’ opinions.
In this case the company’s review database was imported into a digital twin platform, where they could analyze the consumers’ thoughts about the various attributes of their products using synthetic data and AI. Through this method, their marketing team was able to get a much deeper understanding of their customers’ opinions without having to go through the laborious process of reviewing individual reviews or contacting their consumers.
Through digital twins, synthetic data and AI, the company could instantly keep track of various developments in their operations, and they were able to use this approach to proactively monitor their consumers’ opinions by creating a digital replica of its potential customers based on their thoughts about the product.
One of the most critical factors that any industry must consider when it comes to efficiency is the reduction of costs. Big data can help them make better decisions and improve the quality of their products. For instance, by analyzing and processing data, farmers can create dynamic crop models that are designed to help them achieve sustainable and profitable harvests.
Through the use of big data, food manufacturers can identify areas where they can improve their operations and ensure that their products are made from high-quality crops. This can help them meet their production goals while reducing their greenhouse gas emissions. In addition, by optimizing the crop production process, farmers can lower their prices and increase their profitability.
For instance, if the company wanted to launch a new product, they could use their digital twin and synthetic data to create information that would help them think about the product and the ingredients that they should include. For example the synthetic data and AI would create important consumer information that would determine if their customers preferred fresh pasta vs dry pasta, and what types of pasta shapes were more popular in different markets. They could even use this data to predict consumer shift based on the economy, weather, and time of day.
One of the biggest advantages of using the digital twin technology is that it allows a company to get a deeper understanding of its customers’ opinions without having to go through the laborious process of conducting research. They could simply use synthetic data to capture results.
Despite the technological advancements that have occurred in the digital twin technology through tools such as Nvidia Omniverse, some companies are still hesitate to use it due to its relatively new nature. However, as many organizations in almost all industries are turning to synthetic data and AI technology to reshape how they operate and are seeing big benefits in sales, workflow, and ROI, it’s important to consider your own company.
Your competitors are absolutely using this technology or they are developing a strategy to adopt it. To stay competitive, you should consider adopting digital twins, synthetic data and AI to give your own company a competitive advantage over someone that’s not willing to use new technology.
