The Smart Port Network Ports are fundamental to the way in which the global economy operates, handling upwards of 90% of world trade.
As part of the Fourth Industrial Revolution there is accelerated investment in, and development of, smart ports with the aim of delivering significant reductions in the time and cost of handling ships and their cargoes through digital transformation.
While maritime logistics and port operations are experiencing ever more extensive digitalisation, what exactly is a âSmart Portâ?
For Lars Böddeker, Sales Director Transport & Logistics Europe, Advantech Service-IoT, a smart port is one in which, âprocesses are automated and connected using emerging technologies such as âBig Dataâ, the Internet of Things (IoT), artificial intelligence (AI), blockchain and other technologies that improve both the portâs performance and its competitiveness.â