IoT – what’s really in it for logistics?

In an effort to better understand the Internet of Things and what it means for logistics, eft engaged with IoT experts at the global IT service provider, Luxoft, for answers.

The buzz surrounding IoT is taking off – and for good reason. Connected devices have existed for years – for example, in 1982 a Coke machine was able to report on its own inventory and RFID has been used for decades. As the costs associated with various sensors plummets, wireless connectivity expands and improves, the opportunities for what has now been packaged as ‘IoT’ seem boundless.  Given logistics’ many moving parts, IoT is inevitably set to benefit. 

In this interview we discuss everything from IoT’s history to its ROI in logistics companies. We look at how organizations should be incorporating IoT into their strategies and the costs to become a connected business.

Click here to hear the full interview with the Luxoft team.

  •  Michael Minkevich – VP Technology Services, Luxoft

  •  Anders Brown – MD IoT Practice, Luxoft

  •  Patrick Corcoran – Director of Analyst & Advisor Relations, Luxoft

About Luxoft

Luxoft Holding, Inc (NYSE:LXFT) is a leading provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. Luxoft’s solutions are based on its proprietary products and platforms that directly impact its clients’ business outcomes and efficiently deliver continuous innovation. The Company develops its solutions and delivers its services from 24 dedicated delivery centers worldwide. It has over 9,000 employees across 27 offices in 15 countries in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit: http://www.luxoft.com.

About eft

eft Supply Chain and Logistics Business Intelligence is the global leader in business intelligence and C-level networking for the transport, logistics and supply chain industry. We specialize in connecting senior industry executives with their industry peers, and with the crucial information they need to excel in their work.

For 16 years, eft has provided the industry with essential business intelligence in the form of news, reports, benchmarking data, white papers and C-level events. Through constant direct engagement with industry leaders, we ensure our products and events are directly tailored to meet the industry’s needs. With our unique industry position, we’re able to leverage our global executive and expert contacts to produce unique high-level research, events, analysis and intelligence for the industry.

As supply chain and logistics jumps into Industry 4.0, eft will be providing unique perspective, exclusive executive insight, and the very latest thinking in this space. www.eft.com 

Luxoft Contact:

Luxoft Holding, Inc

Alina V. Plaia, 212-964-9900 ext. 2404

Vice-President, Global Communications

IR@luxoft.com 

or

Patrick R. Corcoran, 212-964-9900 ext. 2453

Manager, Public Relations

pcorcoran@luxoft.com

eft Contact:

Haley Garner

Research Director

hgarner@eft.com,  

+1 800 814 3459 ex. 7249 (toll free USA)

+1 866 996 1235 ex.7249 (toll free Canada)

+44 (0) 207 375 7249 (Global)

 
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