Modern transportation systems have undergone a rapid transformation in recent years, producing a range of technological innovations such as connected vehicles, self-driving cars, electric vehicles, Hyperloop, and even flying cars, and with them, fundamental changes in transport systems around the world.
The electronic economy, also known as the e-economy, digital economy or bit economy, is a method of doing business using modern information technologies and computer networks; it is an element of the interpenetration and combination of IT, telecommunications technologies and knowledge.
Transport management in today’s world without proper support of modern technological solutions are extremely difficult.
After adaptation, they become a part of human existence without which it is impossible to imagine life. Although today we do not know how new technologies will affect the society of the future, many experts dealing with new technologies in the field of transport indicate that new technologies will support safety.
RFID technology, which has also been in use for a few years, is a popular labor-saving way companies can track their inventory. A tag or sensor is placed on the product and radio waves are sent out. The data is then received and processed by the company. Similar to RFID tags are barcodes, but the superior speed of information delivery and data processing of RFIDs is more appealing to businesses and the way technology is moving. Today, many companies are using RFID tags in their distribution warehouses to monitor containers.
To compete in this new world order, businesses with core logistics must multiply their investments in logistics tech.
This technology infrastructure goes beyond what hyperscale’s offer with horizontal cloud and maps platforms. On-demand logistics tech requires nuanced location, sensor, mapping, routing and optimization APIs.
An increasing number of digitally transformed enterprise teams building their own solutions will find themselves leveraging such APIs to build logistics automations that are deeply integrated with their business systems.
Businesses that choose to buy logistics tech solutions off-the-shelf or bespoke will depend on their technology vendors to build with such APIs.