Towards a Shared European Logistics Intelligent Information Space
Data is a major driver of change in supply chain and logistics. According to research by IDC, supply chains had over 50 times more data available to them in 2018 than just five years before. The potential of this is enormous. Data which previously wasn’t analysed or simply wasn’t available can now be processed and acted upon in real-time with the help of machine learning and AI capabilities. Insights can become part of decision-making processes that enable greater efficiency as well as the emergence of more sustainable business models.
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