Digital Transformation in Logistics market is essential to enhance the efficiency of operations and to reduce the costs. Digital Transformation in logistics creates new business concepts and service models to help supply chain and logistics players gain a competitive edge over competitors. Efficiency, escalation, speed, and timing have always been important in logistics and transportation. Today, amidst accelerating technology evolution and in an increasingly digital environment, digital transformation is resulting in the next revolution of industry, known as Industry 4.0.
Advantages such as faster and easy operations, digital freight matching, seamless connectivity, carrier compliance & rate management deployment along with scalability flexibility, and the rising demand from businesses to lower capital and operational expenditures are anticipated to boost the digital transformation in logistics market globally. Concerns around the compatibility of various enterprise applications in the digital transformation are one of the major restraining factors in the digital transformation in logistics market. Growing digital penetration in various logistics processes is anticipated to further provide good opportunities to the players operating in the digital transformation in logistics market.
Companies Mentioned 3GTMS, 4Flow AG, Advantech Co, APL Logistics, Digital Logistics Group, Hexaware Technologies, IBM Corporation, JDA Software WMS, Logistic Solutions, LOGITECH Corporation
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