article thumbnail

A New Era in Transport Logistics with Big Data and Self-Driving Trucks

Logistics Viewpoints

Taking all aspects into account is the only way for logistics companies to have a solid foundation for decision making and holistic optimization. This is where big data technologies come into play. Big data for real-time optimizations in transport logistics. Which truck should be used for transportation?

Big Data 249
article thumbnail

There are Seven, not Four, Important Big Data V’s

Enterra Insights

Today, it’s not people but data that tops the asset value list for companies.”[1] 1] If data is indeed a company’s most valuable asset, then business leaders need to understand what makes data valuable. You often read about the four “V’s” of big data. How big is big?

Big Data 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Multimodal Big Data Applications You Don’t Want to Miss

GlobalTranz

In the current age of automation in the supply chain, digital platforms, mobile apps, and inter-connectedness, it is more important than ever for shipping and logistic companies to keep up with the best multimodal big data applications available.

Big Data 177
article thumbnail

Big Data: A Valuable Forecast Tool to Future-Proof Supply Chains

Logility

Now that businesses have better access to predictive forecasting technologies that leverage data from the past and present, such a one-sided approach to forecasting, analytics, reporting, and planning is no longer justifiable. That disruption data is foundational for supply chain processes that companies build in the future.”

article thumbnail

Hadoop and the Modern Data Supply Chain

With the advent of Big Data, companies now have access to more business-relevant information than ever before and are using Hadoop to store and analyze it.

article thumbnail

Big Data Analytics to Improve Supply Chain Resilience

GlobalTranz

And, investment statistics reveal an increasing trend for more technology to enable multi-modal shipping and the application of big data analytics to increase scalability, flexibility, and demand-driven management decisions. According to a 2017 survey of supply.read More.

Big Data 195
article thumbnail

Trends 2021: Big Data

Enterra Insights

It’s the key to the smooth functionality of everything from the government to local companies. ”[1] Yossi Sheffi ( @YossiSheffi ), the Elisha Gray II Professor of Engineering Systems at MIT, asserts, “The well-worn adage that a company’s most valuable asset is its people needs an update. Big Data Trends. ”[3].

Big Data 100