Introduction Despite the shipping and logistics industry’s reputation as a technology laggard, digital transformation initiatives have deeply penetrated the sector, with product and service improvement as the primary driver. Nearly two-thirds of organizations say they have a digital transformation plan in place, and most others say they’re considering one, according to S&P Global Market Intelligence’s Supply Chain Digital Transformation Enterprise Survey 2023. That aggressive — and surprising — level of digital adoption is among the most notable takeaways from the survey, which asked 500 shippers, logistics service providers and carriers about their technology adoption and projects. The sector’s biggest inhibitor to reaching its ambitious goals is a shortage of people and skills, which can be at least partially overcome through the adoption of digital-enabling technologies such as cloud computing, IoT connectivity and AI/machine-learning analytics. This adoption is underway, but remains in its early stages. Request Follow Up to Learn About Our TMT Offering Click Here The Take With most shipping and logistics companies saying they have a formal digital transformation strategy in place or on the way, the stereotype of an industry that is slow to adopt technology would seem to get turned on its head. However, adoption of […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
