IoT, robotics and machine learning set to transform the supply chain
Transport and logistics businesses are investing in Internet of Things (IoT)- based smart technologies to help them take advantage of the wealth of opportunities that the Fourth Industrial Revolution offers. This is according to research data collected by Inmarsat, the world’s leading provider of global mobile satellite communications, which reveals that the sector is prioritising IoT, machine learning and robotics to increase efficiencies across the supply chain.
Inmarsat’s ‘The Future of IoT in Enterprise’ report, featuring responses collected by Vanson Bourne from 100 large global transportation companies, found that respondents see IoT as the top priority in their approach to digital transformation, with 36 per cent having already deployed IoT-based solutions, and a further 45 per cent expecting to roll the technology out by 2019.
The research further revealed that transport companies are rapidly exploring a wide range of other next generation technologies in the pursuit of digital transformation. The most popular are machine learning (37 per cent), robotics (37 per cent) and 3D printing (29 per cent).
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