Rising tide of cloud computing in modernizing the logistics landscape
September 17 , 2024
Publication: ET-Edge
Though cloud computing had been around for over two decades, it’s now that we are witnessing an unprecedented adoption and its transformative power across verticals and industries, revolutionizing the way businesses operate in India and across the world. Over 63% of the world is digitally competent, and nearly 2.14 billion people are eCommerce consumers which means excessive reliance on logistics to meet consumer demand. Concerned by operational inefficiencies, high costs, and limited visibility, the logistics industry is now leveraging the power of the cloud to overcome challenges and streamline operations. More importantly, 76% top IT and business leaders in the logistics space confirmed in an Accenture study that inability to build digital capabilities such as Cloud could jeopardize or endanger their business.
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