06 April 2018

[060418.EN.SEA] Container Shipping to Deploy Artificial Intelligence to Fuel Growth


THE container shipping industry will deploy artificial intelligence (AI), machine learning, the Internet of Things (IoT) and blockchain to drive efficiency, growth and reduce expenses, says INTTRA president Inna Kuznetsova in a research paper.

These technologies will "massively improve our ability to deliver goods and services from land-side to terminals to the ocean," she said with co-author INTTRA technology chief Peter Spellman and vice president Karim Jumma.

"Digitisation will connect buyers and sellers, automate paper trails, and improve working capital through centralised settlements. The opportunity to tie the physical operating process to the digital financial operating process will accelerate to deliver on the promise of digitisation," the report stated.

INTTRA is a digital transaction that facilitates 800,000 container orders over its platform weekly through 60 carriers. This is equivalent to one quarter of global container volume.

While artificial intelligence has the "potential to massively disrupt the container shipping industry, today's applications will assist in jobs rather than replace jobs."

AI programmes will continue to advance, but their limitations will require human intervention, meaning that humans will still be needed to handle exceptions and higher-end tasks, ones that require creative thinking, leadership and consultancy roles.

"Digitisation moves the data from paper to computers in a format we can manipulate. Cloud then gives us the ability to store it and process it, which then leads to AI applications that will incorporate machine learning to reason with the data," INTTRA said.

"Another area AI will help is with smart containers. AI and IoT will allow refrigerated containers, or reefers, to be monitored and handled remotely, increasing and decreasing temperature and air flow as required by changing conditions. The AI-enabled system will only involve humans for exceptions," the report concluded.

Source : HKSG.

Tidak ada komentar:

Posting Komentar