Digital technology has changed the way we live and shop. By eliminating physical locations entirely, online grocery stores and other similar online platforms have given customers more options for grocery shopping at their convenience. On-demand airport shuttle services and other similar mobile apps now make travel a smooth experience. And these technologies are also making it possible to run businesses at a lower cost than ever before.
Digital technology has changed the way we live and shop. By eliminating physical locations entirely, online grocery stores and other similar online platforms have given customers more options for grocery shopping at their convenience. On-demand airport shuttle services and other similar mobile apps now make travel a smooth experience. And these technologies are also making it possible to run businesses at a lower cost than ever before.
The Internet and digitalization have helped transportation companies in a variety of ways! It has made these companies more efficient by saving them the time, and cost, of dealing with redundant paperwork. Digital transformation is turning out to be highly helpful for many steps in the transportation process. Areas that need some work are customer service and marketing strategies.
Mobility as a Service
As we continue to rely on digital forms of payment, more people will likely turn towards using electric vehicles in the future. With that, the digitization of the industry from this point forward will be an important contributor in helping drive progress in sustainable mobility. Data collected from various sources will play a big role in shaping policy makers’ decisions about how to improve transportation for everyone.
Cloud-Based Systems
Cloud computing already affects the transportation industry. It has affected it in a way that better technologies have been integrated into business operations. With cloud-based systems, companies have more ways to store sensitive information while having full access to it from anywhere. Transportation companies are choosing to cloud solutions in most cases because it allows them to focus on their core business functions such as providing services. At the same time, an IT department takes care of hardware, software and security solutions so they can focus on what they do best without worrying about how the cloud works behind-the-scenes.
The transportation and logistics industry relies heavily on technologies including the Internet of Things (IoT) and cloud computing. But apart from the obvious benefits – such as better maintenance, improved tracking and access to key data at all times, etc. – what does it really mean for a company’s bottom-line? According to some estimates, sending shipments through connected vehicles can reportedly reduce operating costs by up to 60%.
Conclusion
The transportation and logistics industry for business and business-to-business models are always changing. The number of advancements in technology has increased the need for transport, shipment, and delivery of goods more than ever before. Along with these changes in the industry have come new ways to create supply chain networks; including but not limited to cryptocurrency. Because it is easier to accurately track deliveries on blockchain technology digital platforms have sprung up that connect shippers with brokers worldwide with a greater range of options for fees, taxes, rules, volumes, or storage services allowing digital expedited shipments at cheaper prices than conventional shipping options itself.
Self-driving drones might be used in the future to provide a faster, more efficient iteration of deliveries. The security and surveillance they offer can enable these sorts of units to safely fly over traffic jams without risking human lives when inspecting structures from an aerial view. Looking into the unknown, it is difficult to predict how upcoming technology will affect our everyday trade and business.
Resources : nationalgrid, The Economist
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