THE air cargo industry is undergoing a digital revolution, leveraging cutting-edge technologies to streamline operations, enhance efficiency, and meet the evolving demands, reports Mumbai's Stat Trade Times.
'The biggest opportunity for the air cargo industry is digitisation. This hasn't progressed as quickly as we hoped, but the progress is real,' said International Air Transport Association (IATA) cargo chief Brendon Sullivan.
According to a report by International Data Corporation, global spending on digital transformation is projected to reach nearly US$3.9 trillion by 2027, with a five-year compound annual growth rate (CAGR) of 16.1 per cent.
Amid this surge, the air cargo industry is undergoing a significant transformation, embracing the digital revolution to enhance its operations and efficiency.
From cutting-edge technologies like artificial intelligence (AI) and the Internet of Things (IoT) to blockchain, automation and more, the industry is leaving no stone unturned in its quest for efficiency, he said.
SeaNews Turkey
'The biggest opportunity for the air cargo industry is digitisation. This hasn't progressed as quickly as we hoped, but the progress is real,' said International Air Transport Association (IATA) cargo chief Brendon Sullivan.
According to a report by International Data Corporation, global spending on digital transformation is projected to reach nearly US$3.9 trillion by 2027, with a five-year compound annual growth rate (CAGR) of 16.1 per cent.
Amid this surge, the air cargo industry is undergoing a significant transformation, embracing the digital revolution to enhance its operations and efficiency.
From cutting-edge technologies like artificial intelligence (AI) and the Internet of Things (IoT) to blockchain, automation and more, the industry is leaving no stone unturned in its quest for efficiency, he said.
SeaNews Turkey