The challenges of fluctuating fuel prices and global recessions have introduced higher risks for organizations in the transportation and logistics business domains. Other challenges are that of an expanding base of regional suppliers along with compliance with regulatory requirements. Since this industry has a very big impact on the global economy, investment in IT and infrastructure is crucial to have an efficient system for its customers. Artificial intelligence (AI) and the Internet of Things are gaining momentum across this industry to automate operational environments. By incorporating these technologies into their strategic agendas and plans, this industry can streamline processes, stimulate profitable growth.
Some of the important needs are:
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