Hypermodal Systems Will Bring IoT to Logistics
The rapid emergence of advanced analytics, along with new modes of transport like autonomous vehicles will bring Internet-like speeds and efficiencies to transportation and logistics, saving time and trillions of dollars, according to Lux Research.
Transportation and logistics, among the slowest-changing industries, is inefficient in time, energy, labor, and capital – as well as dirty and grotesquely underutilized in terms of capacity.
However, new modes of transport, from drones to self-driving cars, are preparing to enter the mix, while advanced analytics bring intelligence, capturing and analyzing vast amounts of data that today’s systems ignore.
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