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Home / Insights / White Paper / Enabling Agility and Growth: Digital Modernization Strategies for Transportation and Logistics Leaders
May 30, 2024 - by Parth Jani
The transportation and logistics industry has navigated a turbulent sea of low margins and constant change for decades. Traditionally, companies prioritized operational fixes over digital solutions to tackle disruption. However, the industry landscape is rapidly evolving, leaving them with no choice but to embrace digital innovation quickly and systematically.
The rapid growth of the logistics market highlights the pressing need for digital transformation in the industry. According to industry reports, the global digital transformation spending in the logistics market was estimated at $52.2 billion in 2023 and is projected to reach $102.5 billion by 2030 at a CAGR of 8.8% (2024-2031).
This market growth is attributable to the increasing investment in digital transformation initiatives within the logistics sector, driven by the pursuit of enhanced speed, efficiency, and competitiveness.
In this whitepaper, we will shed light on:
Find actionable insights to tackle:
Parth Jani is a Principal Consultant with over 13 years of industry experience and brings a comprehensive skill set spanning technology and business domains. With a proven track record in presales, project execution, and product management, Parth transforms ideas into valuable solutions via business analysis and solution architecting. He has led numerous transportation and logistics projects, demonstrating deep sector knowledge. His strategic thinking and attention to operational details enable him to drive success throughout the business lifecycle while fostering team growth and collaborating closely with executives to enhance business performance.