Already used for real-time location and status of millions of trucks, trailers, containers, pallets and other cargo units, the Industrial Internet of Things (IIoT) is set to move into a new value phase for supply chain optimisation, integrating big data from multiple smart assets with powerful tools for descriptive, predictive and prescriptive analytics. Logistics and transport are entering a time of transformation both on land and at sea, driven on the one hand by rapid advances in cloud platforms, big data, AI, automation, robotics and autonomous vehicles, and on the other by evolving market dynamics including mega-ships, shipping consolidation, truck driver shortages, cross-border e-commerce and more regulations…
