As much as food and beverage companies stand to gain from digital transformation, they also stand to lose big if their tech investments fail to deliver on promised value.

The expansion will help digitize and manage product specifications, drive the product innovation pipeline and improve day-to-day operations.

Nearly every industry is full of acronyms. LEED, USGBC, IMP, SIP, ICF, AIA, BIM, CAD, P.E. and ASHRAE are the construction-related acronyms I was able to prattle off without really thinking about it. But keeping straight what they stood for when I first started out took a little bit more time, let alone understanding which was which.