||Germany : Huawei and Deutsche Post DHL Group take on 1.77 trillion connected logistics market with Internet of Things partnership
||Huawei Technologies, a leading global information and communications technology solutions provider and Deutsche Post DHL Group, the worlds leading mail and logistics company, have signed a Memorandum of Understanding (MOU) to develop a range of supply chain solutions for customers using industrial-grade Internet of Things hardware and infrastructure.
The Internet of Things could generate up to 1.77 trillion in additional value for the global logistics industry by 2025, enabling operators to better monitor and optimize their supply chain processes with low-cost networked sensors and devices. Under the MOU, Huawei and Deutsche Post DHL Group will collaborate on innovation projects focusing on cellular-based Internet of Things technology, which can connect large volumes of devices across long distances with minimal power consumption. The greater connectivity can deliver a more integrated logistics value chain by providing critical data and visibility in warehousing operations, freight transportation, and last-mile delivery.
Spending on connected logistics solutions is expected to more than double between now and 2020, and many logistics providers including Deutsche Post DHL Group have already begun to explore Internet of Things applications in their supply chains, including everything from enhanced asset tracking to driverless delivery vehicles, said Dr. Markus Voss, Global COO & CIO, DHL Supply Chain. This MOU will allow both Huawei and Deutsche Post DHL Group to tackle complex operational and business challenges with a powerful combination of world-class Internet of Things hardware, networks, and expertise in end-to-end supply chain management.
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