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As per Gartner Hype Cycle of Emerging Technologies 2018, both of these technologies are currently in their “peak of inflated expectations” while both are projected...
Your choice of blockchain technology will depend on the use you intend to put it to: supply chain traceability or client engagement. TRANSPARENCY Chapter 2...
ChatGPT just passed three of the Master Sommelier theory exams. ChatGPT is a chatbot – a computer program designed to simulate a conversation with a human – developed by the San Francisco-based company OpenAI.As its name suggests, ChatGPT is based on the GPT (Generative Pre-Trained Transformer), a type of artificial intelligence (AI) model trained on large amounts of textual data and used...
By digitizing the wine production process and writing the necessary data to the blockchain, users and appraisers will be able to get comprehensive information about...
Blockchains have a secure mechanism that is utilized to attain agreement on every block state of the blockchain ecosystem… TRANSPARENCY Chapter 2 — Part 3...
Blockchain is poised to transform every industry and managerial function—redefining the ways we transact online, share ideas, and manage workflows… TRANSPARENCY Chapter 2 — PART 2 #Blockchain #Web3 In this series of articles, I have been trying to understand the implications of topics related to Traceability (chapter 1), Transparency (chapter 2), and Decentralization (chapter 3).In Chapter 1 Traceability, I have been analyzing...
The new version of the internet will be based on a decentralised ledger technology, commonly known as blockchain technology… TRANSPARENCY Chapter 2 — Part 1...
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The challenge posed is twofold: to achieve a more environmentally responsible production and simultaneously respond to new market trends with wines of lower alcohol content...
All 27 EU Member States committed to turning the EU into the first climate neutral continent by 2050… TRACEABILITY Chapter 1 — Part 5 #Sustainability #DPP In this series of articles, I have been trying to understand the implications of topics related to traceability (chapter 1), transparency (chapter 2), and decentralization (chapter 3). These themes may be considered as antonymous with the...
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The IoT can be used to create an intelligent network in which all its members are constantly communicating and transmitting information with each other —...
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Several companies specialized in physical traceability and protection propose the use of patented proprietary smart QR codes… TRACEABILITY Chapter 1 — Part 3 #QRCode #NFC...
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In 2017, the European Commission invited the alcohol beverages industry to respond to consumers’ expectations… TRACEABILITY Chapter 1 — Part 2 #AugmentedReality #QRCode In this series of articles, I try to understand the implications of topics related to traceability (chapter 1), transparency (chapter 2), and decentralization (chapter 3). These themes may be considered as antonymous with the wine industry.In the first chapter,...
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The Regulation aims to enable consumers to have greater confidence in the food safety approvals process by improving the transparency of EU risk assessments in...
The EU wants to become an innovator in blockchain and a home to significant platforms, applications and companies. “Blockchain technology allows people and organisations who...
Metaverse’s potential to unleash the next wave of digital disruption seems increasingly clear, with real-life benefits already emerging for early adopting users and companies. As in previous shifts in technology such as the emergence of the internet followed by social media, mobile, and cloud, novel strategies can quickly become table stakes. The metaverse has the potential to impact everything from employee engagement...
The need for explicability is not new! Charles Peirce, an American philosopher and logician, introduced abductive reasoning, i.e. the search for explanations. 3/3. I am...
The decentralized approach of blockchain allows for tracking and reporting of reductions in greenhouse gas emissions along the entire supply chain, including manufactures, suppliers, distributors...
The benefits of blockchain technology range from saving time and money to making documents more secure, further enhanced by encryption and sharing data across the network. Blockchain technology represents an advancement for Customs in that it offers many possibilities ranging from accurate data collection to automatic fraud detection and automatic duty and tax collection. Blockchain is characterized by its decentralized structure in...
2/3. I am publishing a series of three articles dealing with blockchain and the environment. The first article lays the foundations: the impact of blockchain...
60% of stakeholders worldwide consider the environmental impact of blockchains is important (or very important). On the contrary, only 20% of blockchain players consider this...
What is changing with Web 3.0? Analyzing emerging technological, commercial and societal trends allows you to anticipate and prepare for possible futures. This exploratory role would allow to get a head start in identifying innovative ideas and assessing their potential, before eventually integrating them into the company on a larger scale. Most people think of the Web as a continuous pillar of...
Historically, grid operators have provided the physical infrastructure to enhance electrical power usage and relieve reliance on carbon energy consumption. From Greenwashing to Green Proofs...
McKinsey and EY-Parthenon surveys confirm that the future will belong to companies that put technology at the center of their outlook, capabilities, and leadership mandate....
What do internal functions as diverse as risk assessment, capital-expenditure planning, and workforce planning have in common? Each is fundamentally about understanding demand — making demand forecasting an essential analytical process. Amid rising pressure to increase forecasting accuracy, more companies have come to rely on AI algorithms, which have become increasingly sophisticated in learning from historical patterns. Too many companies still rely...
The use of artificial intelligence (AI) is diffusing, making it one of the broadest technological revolutions ever. Blockchain technology has the unique ability to improve...
When digital twins synchronize the physical and the virtual. Since the technology to purchase goods over the internet was first introduced, there has been a...
2/3. We are publishing a series of three articles dealing with artificial intelligence. The first article reflects on the biases of AI. The second article highlights AI regulation in the EU. In the third article, we seek to explain the decisions made by AI algorithms. Regulatory issues must be confronted with technical reality. AI is not a lawless area. Existing regulations already...
As consumer behaviors shift towards greener and more sustainable products due to climate change awareness, companies are increasingly looking to integrate a more sustainable approach...
Blockchain is not an immature technology anymore, leading international enterprises are piloting applications built using blockchain technology and enterprise investments in blockchain solutions are now...
1/3. We are publishing a series of three articles dealing with artificial intelligence. The first article reflects on the biases of AI. The second article highlights AI regulation in the EU. In the third article, we seek to explain the decisions made by AI algorithms. I participated in the AI summit in Lyon (France) a few days ago, a conference organized by...
Across industries, value chains are facing increasing uncertainty from climatic anomalies, geopolitical tensions, and the COVID-19 pandemic, among other factors. Industries as diverse as agriculture,...
Amazon provided information on Amazon Managed Blockchain and Amazon Quantum Ledger Database (QLDB) . Amazon does seem to be moving forward based on a clear...
When innovation is not created directly by the GAFAM, thanks to their considerable talent pool, it is either captured (Facebook with Instagram and WhatsApp, Microsoft with LinkedIn, Google with YouTube, etc.), copied or prevented (the recommendation service Yelp has been accusing Google for a number of years of biasing its search results to the benefit of its own service). In these conditions,...
Winegrowers will be able to apply AI in winemaking whether it is against rot (botrytis cinerea). AI also open huge fields in the accompaniment of...
An experience good is a product or service with the following characteristics – quality and price – are difficult to observe in advance but can...
In 2021, Vivino built AI on top of all their review and profile data to create algorithms that generate a personalized match score for every user and every wine. In this series of articles, I have been analyzing the relationship between wine, personalization and AI. This is the first article. In the second post, I have been considering nudge marketing for wine,...
Times are changing fast. We conducted market surveys in every key markets in Asia, in North America, and in Europe. As CEO of MiBD MARKET,...
Over the last few months we have seen how the news and emerging technology trends have focused on a term unknown to many until recently:...
With data and algorithms, companies in the sector can put themselves in the shoes of their consumers and always manage to offer them the products and/or services that best suit each profile. Also, with the development of production processes, investments are made to improve products and offer greater variety. In this way, consumers benefit from more refined and select products. AI makes...
SVB has been making public forecasts in this report for 21 years. The 2020 report was a challenge for Silicon Valley Bank (SVB), as it...
The drinks industry lives and breathes by the effectiveness of its supply chain and its ability to take products from producers and brand owners all...
72%
Wine Market Attractiveness
Austrians are big wine consumers. In general, consumers are turning to quality products at the expense of low-end products. Helped by strong purchasing power, Austrians are buying wines at higher prices than in the past. The Covid-19 crisis has only reinforced this trend of home consumption and has led to an explosion in online sales with the rise of e-commerce (+50%). RATE...
Carrefour aims to be the European leader in Data & Retail Media. On November 2021, the group has announced its digital strategy. This strategy is...
Enforcement efforts around the country have revealed that states grapple with the harmful impacts of non-compliance in the direct-to-consumer alcohol shipping market. While many shippers...
Imagine if the wine business could digitally eliminate fraud. Or if winemakers could geolocate precisely when and where their wines are being enjoyed, or whether bottles were tainted or tampered with during shipment? These are some of the transformative possibilities of technologies like blockchain, says Jeffrey Grosset, founder/owner of Grosset Wines in Clare Valley, Australia. READ ALSO Digital labeling for trust in...
Some wine producers have become adept at leading online tastings and giving people virtual tours of their vineyards and cellars, because it helps consumers connect...
78%
Wine Market Attractiveness
Denmark is the only open Nordic wine market without a monopoly. In 2018 according to the Danish authorities, the wine market is a platform for...
Artificial intelligence (AI) has emerged as a game-changing technological force disrupting industries ranging from retail to media. But can big data and complex algorithms transform winemaking, which not only has existed for over 8000 years but is also considered by most to be more art than science? The Palmaz family, who operate Napa Valley’s Palmaz Vineyards, certainly believe so. The family has...
Rumours began to swirl earlier this summer that FMV, the wholesale arm of fine wine merchant Berry Bros & Rudd, was in trouble. The extensive...
Chinese e-commerce giant JD.com gives the starting signal for its European expansion: in the Dutch province of Limburg, the logistics specialist opened a distribution centre of...
