LATEST INTELLIGENCE
SMARTER , GREENER , MORE SECURE TRANSPORTATION THROUGH DIGITAL TRANSFORMATION
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Digital transformation accelerates business The transportation industry is extremely diverse . Some organisations are focused on moving people and goods by rail or road , while others are focused on air transport or the complex logistics of seaport operations . Each organisation has unique challenges and requirements and is at a different stage in its digital transformation .
However , despite their many differences , all organisations working in the transportation industry now face a set of common challenges that have led to a collective need : All organisations must accelerate their digital transformation .
Today , transportation operators across domains are challenged to move more people and goods faster , at lower cost , and with fewer risks . Prior to the pandemic people were travelling more , for business and for pleasure . And international commerce and trade had risen considerably , putting a huge strain on those who move goods .
For example :
• The total number of passengers carried on scheduled air services rose to 4.5 billion in 2019 , which is 3.6 percent higher than in 2018 .
• Approximately 80 percent of the volume of international trade in goods is carried by sea , and the percentage is even higher for most developing countries .
• The number of vehicles on roads is growing rapidly , with estimates of almost 1.5 billion vehicles on earth . x
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