- Jun 29, 2022
- 8 minutes
- Dr. Marcin Pietrzyk
- Eric Saracchi
On-demand resource
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Introduction
Firmenich is the world’s largest privately-owned developer and manufacturer of perfumes and flavors. Founded in Geneva, Switzerland, in 1895, the company has since led innovations in the science of the senses. In 2022, they reached CHF 4.7 billion Net Revenue.
The fragrances developed by the company touch the senses of more than 4 billion people every day.
In 2018, the company launched its d-lab to create focus on improving flavor and fragrance creation through Artificial Intelligence (AI) and Machine Learning (ML). This novel transformation earned Firmenich the Digital Innovation of the Year award three years later.
Among its many accolades, the company created the world’s first AI flavor and has subsequently launched the first AI-developed perfumes on the market.
During a live discussion on May 24, 2022, Eric Saracchi, Chief Digital and Information Officer at Firmenich, interviewed by Dr. Marcin Pietrzyk, shared his journey in leading the 127-year-old company to become a data and AI champion.