Known for its elaborate use of manual processes, the logistics industry stands to gain more from the ongoing digital transformation. Logistics firms are using the most effective methods to store and consolidate data through digital platforms that incorporate large databases into their existing frameworks. Moreover, the COVID-19 pandemic has driven the logistics market to new heights, compelling the firms to deliver goods on time while offering accurate tracking solutions.
The use of advanced technology such as AI, IoT, cloud, blockchain, and robotics has transformed various industries and the logistics industry sits at the epitome of this technological transformation. Due to the lack of latency in information delivery and data processing radio frequency identification (RFID) tags, which were developed as a replacement for barcode technology, have become popular due to its vast number of applications. Logistics firms are also using automated drones and trucks which have the potential to increase efficiency in the delivery process. But, the widespread adoption of drones could take a few years due to regulatory processes and increased costs. Alternatively, the use of IoT in tracking systems coupled with improved accuracy provided by enhanced GPS enables customers to track truck and freight location in a more streamlined manner.
To help organizations and leaders select the best vendors and advance their business initiatives, Logistics Tech Outlook’s editorial board has assessed and shortlisted a handful of the leading logistics tech companies that are at the forefront of providing cutting-edge technology solutions. These companies offer robust products coupled with innovative strategies that are distinctively prominent in the field.
We present to you Logistics Tech Outlook’s “20 Best Logistics Tech Companies in Europe - 2021.”
