New ARC Advisory Group research on the global transportation management systems market reveals that, increasingly, customers are looking for real-time visibility solutions. The use of artificial intelligence (AI) and the Internet of Things (IoT) can provide better visibility and improved planning via route optimization. Transportation management systems (TMS) suppliers need to either develop these capabilities internally or partner to incorporate them into their solutions.
“Real-time visibility solutions raise the prospect for machine learning to be used to improve estimated times of arrival (ETAs). But unless a TMS provider has the same access to network transportation data as public cloud providers, the visibility provider will be in a better position to use artificial intelligence to provide these enhanced ETAs,” according to Chris Cunnane, research director, supply chain management, at ARC Advisory Group and key author of ARC’s Transportation Management Systems Global Market Research report.
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the transportation management systems market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, revenue category, region, function and customer size.
