It Spending in Cold Chain Logisitics Market Size, Demand, Price and Analysis to 2020

Technavio Announces the Publication of its Research Report Global IT Spending in Cold Chain Logistics Market

Technavio recognizes the following companies as the key players in the global IT spending in cold chain logistics market: Accenture, AT&T, Cisco, SAP, and Oracle.

Other Prominent Vendors in the market are: BT9, Gemalto, IBM, Infosys, ORBCOMM, Siemens, TCS, Tech Mahindra, and Vitria.

Browse full report with TOC@ https://marketreportscenter.com/reports/388363/global-it-spending-in-cold-chain-logisitics-market-2016-2020

Commenting on the report, an analyst from Technavios team said: Advent of cloud computing is a key trend for market growth. Cloud computing solutions enable organizations to reduce their supply chain cost and increase business agility. The shift from on-premise software solutions to cloud-based is increasing among organizations. Such solutions not only reduce the total cost of ownership (TCO) over a certain period of time but also improve logistics performance. The majority of vendors are offering cloud-based SCM software solutions that comprise cold chain management solutions. Some of the vendors have now started offering cloud computing solutions specific to cold storage operations.”

According to the report, enhanced visibility and control in the supply chain systems will be a key driver for market growth. Cold chain storage systems are important components of supply chain and logistics systems. The cold chain solutions are strategically designed to increase operational performance and to minimize supply chain risks. These risks include counterfeiting, damaged products, and the expiry of perishable goods. Organizations that are using cold chain services need to increase visibility in the supply chain management systems, to minimize supply chain risks. The IT solutions provide greater control and visibility in the cold chain management systems, and so investments in technology are rising. Cold chain solutions that are sensor...