Centric Software Wins the FoodTech Innovation Tastech Award for Centric Food & Beverage PLM

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Centric Software® is excited to announce that it has been awarded the prestigious Food 4 Future Food Tech Innovation Tastech Award by Sigma. Centric Software continues to lead the way in providing cutting-edge enterprise solutions to design, develop, source, formulate, manufacture, package, and market consumer products in the food and beverage industry. The company’s innovative tools help businesses achieve their digital transformation goals and streamline operations in a rapidly changing market.

The annual Food 4 Future Expo, held in Bilbao, Spain, brings together over 8,000 industry professionals to showcase the latest advancements in food tech, robotics, automation, food safety, and packaging solutions. Centric Software was presented with the award on May 14 for offering the most groundbreaking digital solution for the food and beverage sector. The event was attended by notable Spanish government figures, including representatives from the Ministry of Agriculture, Fisheries and Food, and the Ministry for Industry, Ecological Transition, and Business Digitalization.

Centric PLM™ is a powerful, user-friendly platform that simplifies the product development process. It centralizes data, connects teams, and manages all aspects of bringing products to market, from formulation and raw ingredient management to packaging, labeling, and compliance documentation. This ensures faster time-to-market, greater safety, and better traceability for food and beverage products.

The highly configurable platform supports project management, portfolio oversight, and supplier collaboration, helping brands reduce the risk of non-compliance, lower cost of goods sold (COGS), and adapt to changing market conditions. Centric PLM also integrates seamlessly with other enterprise systems, such as ERP, and connects to key databases like Ciqual, GSDN, and USDA FoodData Central, keeping businesses up to date with the latest industry standards.

Centric PLM works in tandem with Centric PXMTM and Centric Visual BoardsTM to further enhance product experience management. Centric Product Experience Management (PXM) uses AI-driven solutions like Product Information Management (PIM), Digital Asset Management (DAM), and Digital Shelf Analytics (DSA) to track consumer behavior and optimize product offerings. The platform captures real-time demand signals from e-commerce sites and digital channels, helping brands adjust products, pricing, and inventory quickly to meet shifting consumer preferences.

Centric has also partnered with FoodChain ID, a leader in food safety and regulatory services. This collaboration allows companies to assess ingredients and formulations against over 220 country-specific regulations directly within the Centric PLM platform. Additionally, Centric Visual Boards provide a visual approach to product planning, offering a clear, integrated view of product data from multiple systems, making it easier to manage assortments and improve profitability.

Chris Groves, CEO of Centric Software, commented on the recognition, saying, “We are deeply honored to receive this award from Food 4 Future. Centric PLM is designed to equip our customers with the tools they need to navigate the challenges of the food and beverage industry, from changing consumer preferences to compliance and sustainability pressures. This recognition is a testament to our commitment to helping brands stay competitive while safeguarding margins.”

Headquartered in Silicon Valley, Centric Software delivers advanced product lifecycle management (PLM) solutions tailored for food and beverage companies, retailers, and brands operating across multiple product categories. With deep expertise in fast-moving consumer goods, Centric helps businesses manage every stage of product development — from design and sourcing to packaging, compliance, and sales — all through a centralized, intelligent platform.

Centric PLM™ is designed specifically for the complex needs of the food and beverage industry. The platform brings together regulatory workflows, formulation management, supplier collaboration, labeling, and production tools in one connected system. Built-in industry standards and smart features support better decision-making, reduce launch timelines, and improve product quality. Companies using Centric PLM™ have reported productivity gains of up to 50% and a 60% reduction in time-to-market.

Centric Visual Boards™ offer a new approach to managing product assortments. This visual planning tool integrates real-time data and imagery from across business systems into a single, easy-to-use interface. It allows teams to align product offerings with consumer demand quickly and efficiently, helping shorten development cycles and improve market relevance.

Centric PXM™ (Product Experience Management) unifies product data, digital assets, and content delivery under one system. By combining PIM, DAM, content syndication, and digital shelf analytics, it helps brands streamline the path from development to market. This integrated solution supports channel expansion, higher conversion rates, and stronger margins. Centric Software’s solutions are recognized for their fast deployment, high user engagement, and measurable business impact. Trusted by leading companies worldwide, Centric consistently ranks at the top of industry reports for innovation, customer satisfaction, and return on investment.