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Technology is one the fastest growing industries within the business world. As such, businesses can’t always anticipate the changes in technology that will be developed. In the logistics sector, there are several technology trends for 2018 that will prove extremely useful for a company to pay attention to.
Robotics have become a staple in almost any large logistics company. These robotics tend to be used primarily for things like packing and picking in manufacturing. They can also be used in conjunction with the Internet of Things (IoT) in a form known as collaborative robotics, or cobots. These cobots have become involved in packaging, picking, shipping, delivery, and visibility in logistics and at the same time are become key components in the AI and data analytics movement.
Before 2018 is over, up to 30% of new robotic deployments will use cobots that are operating three times faster than the existing robotics that were utilized by the end of 2016.
Logistics safety will become more prominent through 2018. With hacks into large nationwide companies like Aetna, FedEx, and Under Armour, cybersecurity has become a massive concern in the logistics industry. These threats have gone through to some of the most solid security organizations such as Equifax. With an increased demand for faster turnaround time, the risk of accidents in the transportation process will naturally increase. To that point, safety will become a large concern in the logistics industry and regulations will have to be passed to ensure safety and compliance within the logistics industry requiring more advanced analytics to track employee performance and adherence to safety standards.
Increased Mobile Presence
With the rise of new technology and incorporation into the IoT, logistics service providers will want to increase adoption of mobile apps. These apps would be used for the miles a truck has driven, for freight that’s sent or waiting to be sent, inbound orders, customer service interactions, and more. By using the data provided from these apps, logistics companies can help reduce demand and manage it more effectively.
The simple answer to the question posed by this post is: yes. Technology is absolutely a driving force that businesses can utilize and benefit from. By keeping track of the trends for the upcoming year and data provided by those trends, any business within the logistics sector can and will experience success.
In the most general terms, the Internet of Things (IoT) is the name given to all of the devices throughout the world, which are capable of connecting to the internet. Although these devices do not possess intelligence of their own, they gain intelligence through human interaction and create a web of communication. This type of information exchange is what fuels the Internet of Things.
Can Anything Become a Part of the IoT?
Because it’s such a broad term, the IoT can include almost anything capable of sharing a wifi or an internet connection. This means the light bulbs used to illuminate your smart home, which are controlled via a mobile device are also part of the IoT. Everything from motion sensors and smart thermostats to children’s toys and driverless cars all comprise the IoT.
The idea behind giving this network of interconnected devices a name was started to identify those items that you wouldn’t expect to have internet connectivity. So, while lightbulbs and children’s toys are included, your personal computer or your laptop is technically not a part of the IoT. Similarly, smartphones are not included, but the smartwatches and fitness trackers they inspired are very much a part of it all.
What Can the Internet of Things Do?
As you begin to grasp the concept (and the vast size) of the IoT, it begs the question of what it can do for mankind– what makes this form of technology so vital to our future?There’s a two-prong answer to explore here: IoT affects businesses differently than it affects consumers.
For businesses, the Internet of Things opens up the world of analytics in a new way. It gives business owners access to data about energy usage, fitness progress, shopping patterns, and anything else that’s recorded as data by smart devices. That information can then be used to adjust marketing tactics, personalize services, or offer incentives to loyal customers.
For consumers, it’s more about improving the user’s experience and enhancing everyday life. Smart home devices make our lives more convenient, while helping us save money and conserve energy. The IoT also helps us feel safer with motion sensors, locking mechanisms controlled remotely, and surveillance equipment. It also improves communication, offering people new ways to stay in touch and network with peers.
As technology advances, the Internet of Things will continue to expand. While there’s no way to know where this will all lead, the benefits of the IoT are only now becoming apparent.