If you had an unlimited budget and little need for sleep, you could attend most (but not all) of the dozens of Internet of Things (IoT) events scheduled around the world in 2016. You'd not get much actual work done, but you'd hear a lot about what's possible when everything gets "smart and connected" and the new business opportunities that IoT will enable.
Project44 has introduced volume less-than-truckload rating APIs (automated programming interfaces) to allow for real-time volume rate exchange between carriers and their shipper, broker and third-party logistics provider customers.
Despite investing significant time and money in current commerce solutions, the majority of marketers and IT professionals surveyed aren't confident in their capabilities. Nearly one third (30 percent) of brands in both B2B and B2C industries spent more than $2m for their current commerce site, and 44 percent say it took longer than a year to implement, according to the 2016 State of Digital Commerce Report from e-commerce solution provider CloudCraze.
Analyst Insight: The distribution center is taking on greater importance as a driver of growth and profitability. Top companies are investing in distribution operations to drive competitive advantage and gain market share. Many are leveraging today's technology to prepare for the distribution center of the future. But there is a next wave of technologies on the horizon - from wearables to mobile manufacturing to the Internet of Things. And the tipping point for these technologies is near. - Nikko Pianetto, Group VP of Integrated Technology Solutions, Fortna Inc.
Analyst Insight: The highly competitive pharmaceutical industry is innovating rapidly to meet the changing needs of an aging U.S. population. More than 10,000 baby boomers are turning 65 every day, a pattern that will continue for at least 14 years and equating to over 50 million by the year 2029. As such, how and where consumers obtain and receive pharmaceuticals will change, and logistics will be a driving force behind these movements. -- Kim McQuilken, Chief Operating Officer, Spend Management Experts
Analyst Insight: The past few years have seen IT systems moving away from advances in individual functionality to interoperability with complementary systems. Also, there's been a greater emphasis on "democratization" of applications - improving accessibility through cloud-based architectures, mobile computing, lower pricing models and improved user interfaces. We have also seen end products themselves becoming ever smarter through embedded software, making them able to react to their environment and transmit information back to supporting systems.
-- Tony Christian, Director, Cambashi
The global penetration of embedded and hybrid factory installed OEM telematics in new passenger cars will exceed 72 percent by 2021, according to ABI Research.