UNISYS PREDICTS THE RISE OF AN EVEN SMARTER WAREHOUSE AND NEW STRATEGIC ALLIANCES THAT WILL TRANSFORM THE CARGO INDUSTRY BY 2020

SINGAPORE, Oct 10 (Bernama) --  IoT and voice AI enabled smart devices and systems, warehouse drones and strategic alliances between airlines and distributors will be key to the air freight industry capitalising on the e-commerce market – Venkatesh Pazhyanur, Unisys "The cargo industry needs to embrace disruptive technologies from the consumer world, including Internet of Things (IoT), digital assistants and drones, to increase efficiency and meet customer expectation for greater transparency throughout the supply chain," said Venkatesh Pazhyanur (http://www.unisys.com/industries/commercial/transportation/ Thought%20Leader/venkatesh-pazhyanur-id-3108), senior industry director of Freight Solutions for Unisys Corporation (http://www.unisys.com/) (NYSE: UIS). The Asia Pacific air cargo industry is experiencing growth and transformation driven by rapidly increasing capacity supply on passenger flights, and the shift to business-to-consumer small parcel shipments as a result of e-commerce. Growing passenger demand will increase the number of passenger flights and add to cargo capacity supply. The International Air Transport Association (IATA) expects the number of air passengers globally will almost double between 2016 and 2035, with the greatest growth in Asia Pacific – particularly in China and India1. Simultaneously, the popularity of e-commerce is changing the nature of cargo shipments, incrementally increasing the number of small parcels – which is predicted to grow 5 percent annually in mature markets and 17 percent annually in China2. "At Unisys we predict these market pressures will bring innovation in three areas in the cargo supply chain: smart warehouses will become even smarter, drones will finally take off in the cargo supply chain – but inside the warehouse, and new alliances between airlines and global distributors will enable longer term capacity management. Much of the underlying technologies are already being used in other sectors – including the consumer world. But now, more than ever, cargo operators will be forced to embrace such innovation to be more efficient, nimble and proactive in an increasingly competitive and price conscious market," said Mr Pazhyanur. http://mrem.bernama.com/viewsm.php?idm=30258