How IoT Is Improving Transportation and Logistics
IDC suggests that IoT spending is expected to surpass 1 trillion dollars by 2022. With more and more companies jumping on the IoT bandwagon, the above statistics holds true. Almost companies across verticals have started to embrace the power of this emerging digital technology to achieve massive success and surpass their competitors. Out of the many, the major beneficiaries of IoT are Logistics and Transportation companies.
This post talks about the role of IoT in logistics and transportation, its benefits and use cases to help you understand the significance of Industry 4.0 solutions and their impact on the above-stated business verticals.
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