- DHL and Cisco Internet of Things Trend Report reveals huge
potential for more efficient and transparent supply chains
- An estimated US$8 trillion to be
generated through new connections over next decade
SINGAPORE, April 20, 2015 /PRNewswire/ -- DHL, the world's
leading logistics service provider, and Cisco, the worldwide leader
in IT, have jointly released a new Trend Report focused on the
Internet of Things (IoT) at the DHL Global Technology Conference in
Dubai. DHL and Cisco Consulting
Services are also collaborating on a joint IoT innovation project
that will improve decision-making in warehouse operations with near
real-time data analytics based on Wi-Fi connected devices.
Logo - http://www.prnasia.com/sa/2010/09/02/20100902467742-l.jpg
Ken Allen, CEO DHL Express and
Board Sponsor Technology, said: "At Deutsche Post DHL Group we have
a deeply held belief in the positive powers of global trade. Yet,
as our Global Connectedness Index[1] 2014 revealed, the overall
level of global connectedness remains surprisingly limited. There
is huge potential for countries to further increase their
connectedness and prosper through trade, integration and
technology. We believe the Internet of Things will be a primary
enabler of this global transformation."
The Trend Report, which estimates that there will be 50 billion
devices connected to the Internet by 2020 compared to 15 billion
today, looks at the potential impact this technological revolution
will have on business. The value at stake, combination of increased
revenues and lower costs that is created or will migrate among
companies and industries when new connections are made, reveals the
huge potential when the Internet and networks expand their
connections to warehousing, freight transportation and other
elements of the supply chain. For any organization with a supply
chain or logistics operations, IoT will have game-changing
consequences, from creating more 'last mile' delivery options for
customers, to more efficient warehousing operations and freight
transportation.
According to Cisco's economic analysis, IoT will generate
US$8 trillion worldwide in Value at
Stake over the next decade. This will come from five primary
drivers: innovation and revenue (US$2.1
trillion); asset utilization (US$2.1
trillion); supply chain and logistics (US$1.9 trillion); employee productivity
improvements (US$1.2 trillion); and
enhanced customer and citizen experience (US$700 billion).
"Digital disruption is all around us and it's having massive
implications for business. Digitization and the expansion of the
Internet of Things is a catalyst for growth, which is driving new
economic models and enabling organizations to remain competitive
and embrace the pace of change happening globally. This report
clearly demonstrates that digitization and the IoT will deliver
long term efficiencies and growth opportunities across a wide range
of industries," commented Chris Dedicoat, president, EMEAR for
Cisco.
According to the report, over the next decade, the logistics
industry could unlock higher levels of operational efficiency as
the IoT connects in real time millions of shipments being moved,
tracked and stowed each day. In warehousing, connected pallets and
items will be a driver for smarter inventory management. In freight
transportation, tracking and tracing of goods becomes faster, more
accurate, predictive and secure while analytics of a connected
fleet can help to predict asset failure and to schedule maintenance
checks automatically. Finally, connecting delivery personnel with
surrounding vehicles and people can become a way of monetizing and
optimizing the return trip to improve efficiency and service in
last mile delivery. For customers, this means DHL can provide an
even faster, more reliable and cost-effective service.
"The Internet of Things is the connection of almost anything --
from parcels to people -- via sensor technology to the web and both
Cisco and DHL believe this will revolutionize business processes
across the entire value chain including supply chain and logistics.
To get the maximum global economic benefit, we'll need to
understand how all components in the value chain converge and this
will require a comprehensive collaboration, participation and the
willingness to invest to create a thriving IoT eco system for
sustainable business processes. The new Trend Report is another
step towards making sure DHL delivers the benefits of IoT to our
customers" said Markus Kückelhaus, Vice President Innovation &
Trend Research, DHL Customer Solutions & Innovation.
Cisco Consulting Services and DHL are now also collaborating on
a joint IoT innovation project that will improve decision-making in
the warehouse operations through near real-time data analytics
based on Wi-Fi location data of selected devices. The solution is
based on Cisco's Connected Mobile Experiences (CMX) which uses the
high-density wireless network to collect aggregate location data on
Wi-Fi connected devices.
[1] A detailed analysis of
the state of globalization around the world showing global
connectedness, measured by cross-border flows of trade, capital,
information and people.
|
- End -
The Trend Report "Internet of Things in Logistics" is available
online at www.dhl.com/internetofthings
You can find the press release for download as well as further
information on http://www.dpdhl.com/pressreleases
DHL -- The logistics company for the world
DHL is the leading global brand in the logistics industry. DHL's
family of divisions offer an unrivalled portfolio of logistics
services ranging from national and international parcel delivery,
international express, road, air and ocean transport to industrial
supply chain management. With about 325,000 employees in over 220
countries and territories worldwide, DHL connects people and
businesses securely and reliably, enabling global trade flows. With
specialized solutions for growth markets and industries including
e-commerce, technology, life sciences and healthcare, energy,
automotive and retail, a proven commitment to corporate
responsibility and an unrivalled presence in developing markets,
DHL is decisively positioned as "The logistics company for the
world."
DHL is part of Deutsche Post DHL Group. The Group generated
revenues of more than 56 billion
euros in 2014.
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in IT that helps
companies seize the opportunities of tomorrow by proving that
amazing things can happen when you connect the previously
unconnected. For ongoing news, please go to
http://thenetwork.cisco.com.
Cisco and the Cisco logo are trademarks or registered trademarks
of Cisco and/or its affiliates in the U.S. and other countries. A
listing of Cisco's trademarks can be found at
www.cisco.com/go/trademarks. Third-party trademarks mentioned are
the property of their respective owners. The use of the word
partner does not imply a partnership relationship between Cisco and
any other company.
On the Internet: www.dpdhl.de/press
Follow us at: www.twitter.com/DeutschePostDHL
Cisco Internet of Everything: www.cisco.com/go/ioe
Cisco Connected Transportation: www.cisco.com/go/transportation
Twitter: @Cisco