One of the biggest challenges when it comes to connecting thousands of ‘things’ to the Internet – the so-called ‘Massive IoT’ – during maritime transportation is that of connectivity. Current 4G standards and other connectivity technologies simply cannot handle the sheer number of items in a relatively confined space.
Coronavirus has certainly hit global supply chains. For example, according to Tradeshift Chinese trade activity dropped 56 per cent in a single week in February 2020. Paused production, labour shortages and travel restrictions are all combining to play havoc with the globalised supply chain. Of course, it may get worse before it gets better, but it’s a question of when, not if, global supply chains recover and return to full production.
With global supply chains significantly disrupted, the requirement for accurate, reliable and secure cross-border logistics and freight management has never been so evident. But, of course, there is a flipside – one company’s misfortune is another’s opportunity.
As the coronavirus panic reaches fever pitch a robust approach to information sharing and remote diagnostics is required
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