| |July 20208IoT IN THE SHIPPING INDUSTRYnternet of Things (IoT) is everywhere. It has already disrupted several industries and the way they operate on a day-to-day basis. As per experts, it is next set to transform the shipping industry, and we cannot wait to see what changes it has on offer. For the uninitiated, IoT is a network of physical objects connected to the web. Such devices collect, process, and transmit data without any human intervention. Traditionally most people thought that only PCs are capable of it, but with the evolution of technology, we are seeing more and more devices coming under its radar.How can IoT change the way the shipping industry carries its business?Think of the way it can transform the shipping industry. Each box that was once just useful for transporting goods safely from one destination to another is now a computing device in itself. It can not only carry goods safely, but also generate valuable information that can help the maritime industry in improving its services. Here is how we expect IoT to impact the overall services in the shipping industry ­Automation of Supply Chain Management ProcessesWe experience millions of crates travelling the seas daily, and it can be challenging to keep track of each one of them. IoT changes that, and it IN MY OPINIONBy Purnendu Shekhar, Founder & CEO, CogoportIPurnendu Shekhar
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