FoodLogiQ recently announced the creation of FoodLogiQ Labs, a research and development hub dedicated to the acceleration of new products and solutions to meet the growing needs of the food industry.
The vision for the innovation lab is to help FoodLogiQ customers—both current and future—to capitalize on evolving technologies that solve problems and create new possibilities within their respective supply chains.
“Our decision to move forward with our R&D initiative via FoodLogiQ Labs is a natural progression of our reputation as a technology pioneer and first-mover in the food space,” says Dean Wiltse, CEO of FoodLogiQ. “Since 2006, we’ve based our business strategy on our ability to think differently, to forecast industry trends and to anticipate the long-term impact those trends will have on our customers. The creation of FoodLogiQ Labs will enable us to do that more efficiently and effectively, while still focusing on our core competencies in the process.”
FoodLogiQ Lab’s first focus will be on the evolving technology blockchain. “Blockchain is a topic of great interest in the business community, but it is in its infantile stage in the food industry,” says Charles Irizarry, FoodLogiQ’s CTO. “We are finding that companies are jumping into blockchain pilots without first understanding their business problems. Helping them navigate this will be one of our first priorities in the innovation lab.”
“At the end of the day, our innovation lab will help us further our mission of changing the food industry - specifically, to map the world’s food chain, make it as safe as possible, and empower people to make informed decisions about the food they eat,” says Wiltse. “It’s an exciting thing to watch that happen.”
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