Internet of things

Due to growing demands on logistic processes, increasing transportation costs and a crowded, highly competitive market, margins in this service sector are shrinking. In order to survive, logistics providers will have to reduce internal costs, for example by means of logistic optimization (e.g., scheduling of pickup and delivery). Equally important, they also need to offer their customers additional value-added services, such as tracking and tracing (e.g., temperature logging within the cold chain). These requirements can be seamlessly supported across multiple industries by the event-driven EPCglobal Network.