+
Logistics revolution in 2024 with Generative AI, Cloud Tech
RAILWAYS & METRO RAIL

Logistics revolution in 2024 with Generative AI, Cloud Tech

In the contemporary business environment, logistics professionals find themselves under unprecedented pressure to boost profitability and streamline operations amidst challenges in first, mid, and last-mile logistics. The emergence of cloud-based solutions is seen as a transformative force, bringing about a digital revolution in logistics. These solutions not only address inefficiencies and reduce risks but also offer advantages such as speed, cost-effectiveness, control, scalability, and security, ushering in a new era of efficient and resilient logistics operations.

According to a report, it is projected that within the next five years, 86% of companies based in the supply chain will integrate cloud computing into their operations. This marks a substantial increase from the current adoption rate of 40%, underscoring the growing recognition of the value of cloud-based solutions. Another research study predicts that the global cloud supply chain management market is expected to surge from $21.79 billion in 2022 to an estimated $71.93 billion by 2030, driven by a robust Compound Annual Growth Rate (CAGR) of 16.10%.

As the adoption of cloud-based solutions in logistics experiences a significant increase in 2024, opting for an in-house solution provides the advantage of customisation and complete control over data handling and storage costs. However, it also comes with notable downsides, including potential production delays, high maintenance and upkeep costs, and a lack of market expertise to facilitate upgrades.

On the contrary, an investment in a cloud-based logistics olution offers scalability in infrastructure to meet growing demand while remaining cost-effective by eliminating the need for hardware infrastructure. Importantly, businesses can seamlessly integrate these cloud-based solutions into their existing applications, avoiding the necessity of complete replacement.

In the contemporary business environment, logistics professionals find themselves under unprecedented pressure to boost profitability and streamline operations amidst challenges in first, mid, and last-mile logistics. The emergence of cloud-based solutions is seen as a transformative force, bringing about a digital revolution in logistics. These solutions not only address inefficiencies and reduce risks but also offer advantages such as speed, cost-effectiveness, control, scalability, and security, ushering in a new era of efficient and resilient logistics operations. According to a report, it is projected that within the next five years, 86% of companies based in the supply chain will integrate cloud computing into their operations. This marks a substantial increase from the current adoption rate of 40%, underscoring the growing recognition of the value of cloud-based solutions. Another research study predicts that the global cloud supply chain management market is expected to surge from $21.79 billion in 2022 to an estimated $71.93 billion by 2030, driven by a robust Compound Annual Growth Rate (CAGR) of 16.10%. As the adoption of cloud-based solutions in logistics experiences a significant increase in 2024, opting for an in-house solution provides the advantage of customisation and complete control over data handling and storage costs. However, it also comes with notable downsides, including potential production delays, high maintenance and upkeep costs, and a lack of market expertise to facilitate upgrades. On the contrary, an investment in a cloud-based logistics olution offers scalability in infrastructure to meet growing demand while remaining cost-effective by eliminating the need for hardware infrastructure. Importantly, businesses can seamlessly integrate these cloud-based solutions into their existing applications, avoiding the necessity of complete replacement.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?