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The Packaging Industry is Massive, and It’s About to Be Disrupted

Leapfrogging

Trillion by 2024. Adidas will stop using virgin polyester by 2024, only using recycled materials to create its products. Higher-tech drivers of industry transformation include smart labels, the internet of things, data analytics, and blockchain. And this is just the tip of the proverbial (melting) iceberg.

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IoT-based fleet and equipment management solution: The future of logistics and supply chain

Acuvate

Studies show that where the global IoT-backed fleet management solutions revenue was mere $3,250 million in 2017, the expected revenue is set to reach a whopping $15,500 million by the year-end of 2024. Let’s see how it is impacting business processes.

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Asset Management in CPG using Digital Twins

Acuvate

IDC predicts that by 2024 , half of the manufacturers will have networked linked product and asset digital twins into digital twin ecosystems for a systems-level view of their business and a 5% reduction in quality expenses.