Blockchain, big data, the internet of things (IoT), automation, artificial intelligence, and digitisation are all essentials in the new era of ‘smart’ ports, but there is a human cost
Supply chain transparency depends on digitisation enabled through IoT and big data – the latter increasingly seen as the vital driving force. The more data ports have, the better the system developments are, leading to efficient automation through artificial intelligence (AI).
To generate such data, the industry is collaborating with partners. Hutchison Ports, Qingdao port, PSA International, and Shanghai International Port Group, for example, have joined CMA CGM, COSCO, and Hapag-Lloyd in the Global Shipping Business Network to accelerate digital technology and develop solutions through trusted, secure data-exchange platforms.
This is an excerpt of the DPC February edition. To have access to the full article, and more DPC features, please subscribe here.