The Internet of Things is over 30 Years Old and still in Its Infancy

Enterra Insights

Other benefits include inventory tracking, product tracking, process improvement, and optimization. “Currently,” he writes, “there are approximately 10 billion connected devices, with the number reaching 20 billion in 2020, 29 billion to 42 billion in 2022, and 75 billion in 2025. By 2030, we will have over 100 trillion connected sensors, and in 2035, the prediction is that we will interact with a connected device every 18 seconds, or 4800 times a day.

5 Disruptions Shaping the Digital Transformation in Distribution and Logistics

Supply Chain Nation

Macpherson predicted that the figure will easily be 80 percent by 2022. Data gives distributors and 3PLs the ability to manage the entire supply chain on behalf of the customer, manage their ordering and inventory levels and providing them with insights that’ll help improve service levels.