The Convergence of Intermodal and Intelligent Technologies Is Set to Revolutionize the Slow-Moving Industry, Tackling Inefficiencies Worth Trillions of Dollars, Says Lux Research
BOSTON, MA--(Marketwired - May 3, 2016) - The rapid emergence of advanced analytics, along with new modes of transport like autonomous vehicles, will bring Internet-like speeds and efficiencies to transportation and logistics, saving time and trillions of dollars, according to Lux Research.
Transportation and logistics, among the slowest-changing industries, is inefficient in time, energy, labor, and capital -- as well as dirty and grotesquely underutilized in terms of capacity. However, new modes of transport, from drones to self-driving cars, are preparing to enter the mix, while advanced analytics bring intelligence, capturing and analyzing vast amounts of data that today's systems ignore.
"The Internet of Things is at the stage of a dial-up modem in the evolution of the Net, but as it evolves, intermodal and intelligent technologies will create a hypermodal system that moves not just goods, but supply, demand, and means of production," said Mark Bünger, Lux Research Vice President and lead author of the report titled, "Towards Intelligent Intermodal Trade: Industrial Big Data and Analytics in Transportation and Logistics."
Lux Research analysts studied the potential impact of emerging transportation and logistics technologies on industry. Among their findings:
The report, titled "Towards Intelligent Intermodal Trade: Industrial Big Data and Analytics in Transportation and Logistics," is part of the Lux Research Industrial Big Data and Analytics Intelligence service.
About Lux Research
Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.
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Contact:
Carole Jacques
Lux Research, Inc.
617-502-5314
carole.jacques@luxresearchinc.com