Boardroom 6/17- Boardroom Piestro

by | Jul 15, 2022 | Latest News

In case you missed it, a few days ago we talked about how A.I. is taking over.


The idea sounds simple but really interesting. New technologies are increasingly being used to carry out complex tasks that have typically required human input.

You see…artificial Intelligence is changing how many different industries operate and this will only get better moving forward.


Even right now they’re being used in pretty cool ways — from machine learning to robotics — to change the food industry.

These improvements are a huge leap from the technology from 94 years ago that allowed us to slice a whole loaf of bread at a time!

Reducing Food Waste

As crazy as it sounds, up to 40% of food produced in the U.S. goes to waste. To put things in perspective…That’s more than $161 billion in food thrown away every year!

Why is this happening?


For several reasons, but a common one is a mismatch between what people need, what is being produced, and the price it’s sold at.


How can A.I. play a key role in solving this huge problem?


Having a solid understanding of trends and consumers’ wants helps manufacturers to develop products that people would not just buy but actually use.


New tech is helping businesses improve the entire process — from production to pricing to inventory management.


Highly-Personalized Nutrition

Besides energy and transportation costs, unless you live in a hole you know that food prices have been rising like crazy!

So unless you have a ridiculously fat bank account, it’s simply logical to get the most out of your food with limited resources.

That’s where A.I. comes in handy. Tech startups are working hard to change the typical grocery shopping experience as we know it.

We’re talking about improvements like cutting out the time it takes to plan your meals and having suggestions tailored to fit your blood sugar, sleep pattern, or current health situation.

Better Food Sorting

Health risks and production errors are (two out of many reasons) why machines are taking over a good chunk of food production processes.

You see, the last thing food manufacturers want to deal with is being in the news for a food safety issue.  It’s a nightmare (and can cost a ton)! This is why they invest heavily in machines.

A.I. can sort items by size, weight, and color faster than humans can — and with a higher level of accuracy! In fact, sensors have been successfully used to distinguish food odors.

When you think about it and look at the numbers, artificial intelligence is disrupting the food industry. More businesses are open to and developing new innovations to improve productivity, food safety, customer satisfaction, and reduce waste.

Sponsored By:

The U.S. alone accounts for 30% of the $160+ Billion global pizza market.

Piestro is working on taking a huge “slice” of this market through a two revenue stream approach: 

  • Selling its pizzas made by a robot directly to customers.  
  • Selling its pizza-making robot to existing pizzerias that will then brand the pizzas as their own.  

Its plan is simple…


Improved customer experience +  Reduced costs = Higher profit margins


But its solution is ingenious.  Cue A.I. and Robotics.


The highly-skilled Piestro team (a mix of food and tech experts) is working hard to automate the pizza-making process.


And if things go as planned (which they seem to be!), this means:

  • Faster cooking time and increased convenience for not only me but the millions of families in the U.S. that order pizza more than once a week…
  • Better output for traditional pizzerias that struggle with fairly low-profit margins…
  • And the potential to take a huge “slice” of the $160B (and growing) global pizza market.

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