Until a few years ago, the logistics sector was in its nascent stage. Digitisation is effecting radical changes in the transport & logistics sector. Digital innovations have been introduced at a slower pace in the oldest and most global commercial sector than in other industries. Share . With several years of experience presenting at the Transportation Marketing & Sales Association's annual conference , our team knows how to communicate to and for logistics and transportation companies in a compelling and differentiated way. September 12, 2019. New, digital entrants are transforming traditional relationships in the freight and logistics business. It doesn’t stop once you’ve started using a CRM to efficiently control the workflow. Fueling Digital Transformation in Transportation and Logistics. Content Designer with a thing for clear communication and user-friendly copy. The transportation and logistics industry has observed steady growth for more than 10 years and now represents an over $300 billion industry. Digitization has proliferated in different industries and has proved to be a game changer for several business sectors worldwide. The industry has three major challenges – agility, sustainability, and visibility – and companies operating in the industry are hoping to address those challenges through digital transformation. Digital Transformation in Transportation and Logistics Market 2020 Technology Advancement and Global Outlook 2025. global market size for digital transformation in transportation and logistics was valued at USD 54.92 billion in 2018 and is anticipated to rise up to USD 145.28 billion by 2025 with a CAGR of 13.0% during the forecast period Following research by Global Centre for Digital Business Transformation, digital business models can be grouped into three categories: • cost value • experience value • platform value, It is not a question of whether, but how, where and when. Digital transformation in transportation and logistics was valued at $54.92 Bn in 2018 and is anticipated to rise to $145.28 Bn by 2025. Digital Transformation in Transportation and Logistics Market to hit $145.28 Bn by 2025 - Technology & Innovation Landscape, Key Trends, Restraint/Challenges and Opportunities: Adroit … Digital driving transformation. Using new technology will alter your strategic, commercial and operational processes. DIGITAL DISRUPTION IN THE LOGISTICS INDUSTRY THREATENS TRADITIONAL PLAYERS WITH IRRELEVANCE—UNLESS THEY TOO LEARN TO DISRUPT. The infographic contains the key finding and statistics about the Digital Transformation in Transportation and Logistics Market These collective initiatives from the industry have, in fact, turned digital mobility solutions and enabling products into a megatrend. The Moving Ahead for Progress in the 21st Century’s (MAP-21) requirements for commercial […] 4 Ways to Start the Digital Transformation in the Logistics & Transportation Business. Innovative Solutions Tailored to Your Needs. Every single step you take to make your business more digital-friendly will do its part in the further transformation. Factors such as rising disposable incomes, dual-income households, and constant urbanization have encouraged consumers across both developed and emerging economies to follow upcoming logistics trends. With the emergence of e-commerce and rising digital literacy among the consumers, the global logistics industry has been changing significantly in the recent years. Success Stories Solutions . Digital transformation is a process. Beyond road transportation, the Internet of Things (IoT) and GPS technologies are permeating even more deeply. The Global Digital Transformation in Transportation and Logistics Market report provides information about the Global industry, including valuable facts and figures. There’s one strategic business trend that all companies relying on transportation logistics must embrace: DIGITAL TRANSFORMATION. More than in many other sectors, digitalization is set to revolutionize the logistics industry. Industry 4.0 solutions are transforming the way logistics and transportation companies function and in fact play a critical role in enhancing the overall processes and performances. The digital transformation of logistics is in its infancy and offers a host of opportunities for further development. Revamp your entire supply chain transportation and logistics operations by driving digital transformation. Digitalization threatens to fundamentally disrupt logistics but could also help the industry reduce its inefficiencies and shrink its environmental impact. Over the past two decades, as the Internet revolution swept the world, our day-to-day lives have become increasingly digital. Attracting the right skills is one issue, but developing the right strategy is even more crucial. Digital disruption is a concerning issue across industries and has recently become a serious business issue in transportation and logistics. Promoting accelerated digitization and formation of sophisticated transportation ecosystems, digital technologies are impacting the transportation sector like never before. Transportation and logistics are one of the lifelines of any business and it is being transformed through digital solutions. Global Digital Transformation in Transportation and Logistics Market 2020: Covering both the industrial and the commercial aspects of the Global Digital Transformation in Transportation and Logistics Market, the report encircles several crucial chapters that give the report an extra edge. Digital is enabling a transformative change in the transportation ecosystem. Digital Transformation in Transportation and Logistics Market to hit $145.28 Bn by 2025 - Technology & Innovation Landscape, Key Trends, Restraint/Challenges and Opportunities: Adroit Market Research IoT track and trace, autonomous vehicles and platooning are the key enabler of digital transformation in the transportation and logistics sector. According to a new study by Lux Research, the transportation and logistics industry requires digital transformation tools to expedite and personalize delivery, while reducing emissions. The digital transformation of logistics: threat and opportunity June 2016 The views expressed in this summary of a White Paper are those of the author(s) and do not necessarily represent the views of the World Economic Forum or its Members and Partners. Digital Transformation News and Resources. This paper outlines three rapidly evolving technologies that have demonstrated benefits for supply chain operations; 5G communications, digital twins, and blockchain, and is designed to help you make the critical decisions that will drive your organization forward and stay ahead of the retail game. You can see it in public sector investment in intelligent streets and digital railways, automakers’ focus on next-generation vehicles and smart mobility services, and in the widening recognition that the “information everywhere” world will utterly disrupt the transportation status quo. digital transformation ppt slide template 1. premium powerpoint slides transformation 2. digital transformation powerpoint template 3. An increasingly competitive environment is another big factor in the mix. Change is coming to transportation, whether we’re ready for it or not. Checkout the infographic on “Global Digital Transformation in Transportation and Logistics Market Size by Region (North America, Europe, Asia-Pacific, Middle East & Africa, South America) and Forecast 2018 to 2025”. Global Digital transformation in transportation and logistics Market Forecast 2018 - 2025 has complete details about market of Digital transformation in transportation and logistics industry, Digital transformation in transportation and logistics analysis and current trends. Leverage the latest digital technologies and business models to increase operational efficiencies. Digital transformation solutions for Logistics and Transportation. and logistics. This applies to everyone, from the single owner operator to the largest freight and logistics industry leaders, in order to ensure survival, growth and legal compliance. Digital transformation with the opportunities of tomorrow. Industry 4.0 - one of the biggest disruptors to traditional freight and logistics, is transforming the way in which the industry continues to do business. But the now rapidly progressing digital transformation demands new digital business models to retain market positions. Digital economy assumes a conversion of traditional ways of a business’s market operations and the emphasis on particular components of the ADDED VALUE. But ‘digital fitness’ is a challenge for the sector, which is currently lagging many of its customers in this respect. Digital Transport and Logistics Forum (DTLF) The DTLF is a collaborative platform, where Member States, public entities and organisations exchange knowledge and coordinate policy and technical recommendations for the European Commission, in the fields of transport and logistics digitalisation across all modes of transport. Multiple logistics and transportation customers have relied on us to solve their most complex marketing needs. Just as some industries may be more or less prone to digital disruption, so may different regions of the world vary in their vulnerability to the condition. Fueling Digital Transformation in Transportation and Logistics. The Digital Transformation of Transportation William El Kaim Oct. 2016 - V 2.1 ... and freight and logistics networks function. Digital Transformation in Logistics: Technology Trends to Watch Out For! We call this process Digital Reinvention.TM 1. Inside Gartner Critical Capabilities Report for Enterprise iPaaS, 2019; How to Translate Tech-Speak Into Everyday Speech (So You Don’t Confuse Your Non-Technical Co-Workers) Posted in Epicor Resources, Industry Manufacturing, Webinars. The digital transformation of logistics: Threat and opportunity. 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