Category Archives: Trucking

5G will impact these 10 industries the most (Video)

Video

By Alison DeNisco Rayome, Senior Editor for TechRepublic on March 20, 2019, 6:36 AM PST

Major 5G network deployments are expected by 2020, and the technology will create opportunities across many industries, according to CB Insights.

Highly-anticipated major 5G networks are expected to be deployed by 2020, and will transform a number of industries due to the technology’s ability to provide wider network coverage, more stable internet connections, and faster data transfer speeds, according to a recent report from CB Insights.

5G will also enable the rise in the number of Internet of Things (IoT) devices, along with the amount of data they generate, the report noted.

While 5G sets the stage for new opportunities across many fields, it also will bring disruption to those industries, the report said.

CB Insights identified the 20 industries that 5G will impact the most. Here are the top 10:

1. Manufacturing

5G is poised to help manufacturing production operations become more flexible and efficient, while also improving safety and lowering maintenance costs.

2. Energy and utilities

Critical infrastructure like energy and utilities will benefit from 5G technologies, which could create more innovative solutions in energy production, transmission, distribution, and usage, as well as the next wave of smart grid features and efficiency.

3. Agriculture

Farmers worldwide are using IoT technology to optimize agricultural processes including water management, fertigation, livestock safety, and crop monitoring, the report noted. 5G could enable real-time data collection, allowing farmers to monitor, track, and automate agricultural systems to increase profitability, efficiency, and safety.

4. Retail

More than 100 million Americans made a purchase on their smartphone in 2018, the report noted, and the move to mobile shopping is largely due to the rise of 4G/LTE. The faster speeds 5G will bring will enable new retail experiences like virtual reality (VR) dressing rooms.

5. Financial services

5G will accelerated the digitization of financial institutions, including from internal operations to customer service, the report said. Increased security and speed will allow users to increasingly make transactions instantly on their devices, and make remote tellers a possibility.

6. Media and entertainment

5G will bring about new opportunities in mobile media, mobile advertising, home broadband, and TV, as well as interactive technologies like VR and augmented reality (AR).

7. Healthcare

In the healthcare industry, 5G could increase efficiencies and revenue, helping health systems create faster, more efficient networks to keep up with the large amounts of data involved. The technology could also enable the use of remote monitoring devices to improve health outcomes.

8. Transportation

Transportation systems ranging from public buses to private logistic fleets will gain increased visibility and control thanks to 5G, the report said. 5G will allow improved vehicle-to-vehicle communications, enabling more self-driving car testing. These networks will also help cities gain access to more data around their transportation systems.

9. AR/VR

The future of AR and VR depends on reliable 5G networks, according to the report. These technologies require a less expensive, wider network with lower latency to continue developing and reaching widespread adoption, as they require massive amounts of data processing.

10. Insurance

5G will help insurance agents make more effective decisions, as they will have access to more accurate data, the report said.

You can see the full report here.

For more 5G coverage, check out this TechRepublic/ZDNet special feature: How 5G will transform business.

6 Future Transportation Technologies That Will Change Transportation (and the Trucking Industry) Forever

By Adam Robinson Marketing Manager at Cerasis | Technology, Transportation

Modern transportation is currently experiencing major changes thanks to transformative transportation technologies. Although we’ve become accustomed to long international flights, jam-packed public transportation and diesel trucks that only get 20 mpg, the future of transportation promises to change all of that and much more — and it’s closer than many people realize. Let’s take a look at 6 transportation technologies sure to impact the trucking and transportation industries forever.

1. Self-Driving Automobiles

Self-driving automobiles are already here. They’re still undergoing the earliest stages of development and testing, but they’re already present on our nation’s roadways. Unfortunately, Uber recently suspended their tests after one of their vehicles struck and killed a pedestrian in Tempe, Arizona in March 2018. While this represents a significant setback in the progress of fully autonomous vehicles, developers remain optimistic about the future of this transportation technology.

2. Smart Cars

Many consumers already own smart vehicles. The exact definition of a smart car varies between manufacturers, dealers and individuals, but it generally describes a compact, fuel-efficient vehicle that utilizes new and innovative technology to make life easier for the driver and passengers.

In some cases, manufacturers are transitioning to electric or hybrid cars. This new generation of smart vehicles still has some challenges to overcome — such as the distance they’re able to travel between charges, the number of passengers they can hold and even the amount of trunk space — but they’re already common our nation’s streets and highways.

3. Next-Gen GPS Devices

GPS units are nothing new — they’ve been around for decades. The biggest difference when comparing modern GPS devices to earlier models is the amount of functionality seen in the newer hardware.

In the past, GPS devices were very limited. They could calculate total mileage and provide an estimated time of arrival to a final location — but that was about it.

Today’s GPS units are much more versatile. Not only do they fulfill the basic functionality of planning a trip, but they can make adjustments for extreme weather, traffic conditions or even your preferred route.

4. Transportation Technologies will Impact Public Transportation for Individuals

Typically reserved for big cities and crowded residential areas, public transportation often comes with negative connotations. Not only are these vehicles often overstuffed with passengers, but in some areas, they’re hotbeds of crime and suspicious activity.

Future public transportation hopes to change all of that thanks to forthcoming and developing transportation technologies. Some areas, such as Masdar City in Abu Dhabi and the neighborhoods surrounding Heathrow Airport in London, already use personal transportation pods to mitigate many of these issues.

There’s only room for one passenger per pod, which immediately reduces the risk of crime or personal injury, and their intuitiveness makes them an excellent example of how easy it is to integrate new transportation technologies into everyday life.

5. High-Speed Rail Networks

High-speed rail networks are generating tremendous interest all around the globe. The Shinkansen bullet train was officially unveiled in Japan in 1964, and countries have been hoping to introduce their networks ever since.

Although there’s been little progress, some nations are still pursuing these plans. Officials in the United States are currently considering no less than ten high-speed rail networks in the country alone.

The Hyperloop — originally conceived by Elon Musk — is an underground rail that shows speeds up to 240 mph in early tests. Developers hope to achieve three times that speed with the finished version.

6. Gyroscopic Vehicles

Although flying cars might be too complicated for mainstream use any time soon, hovering vehicles — which are propelled with the assistance of monorails and balanced through the innovative use of next-gen gyroscopes — could solve public transportation issues across the globe. While these vehicles look like they’re something out of a sci-fi comic book or television show, they could become a reality sooner than expected.

Sometimes referred to as gyrocars, their size makes them more akin to modern busses or trains. Early conceptualizations show a vehicle that can move along on city streets and even raise its body via built-in stilts to navigate through traffic congestion without stopping.

The Road to Innovation

While the future is anything but clear, it’s the beginning of new breakthroughs and innovations of all kinds. Although travelers in the U.S. might never see a high-speed rail network that is capable of matching the speeds of Japan’s bullet train or ride in a single-passenger pod around their nearest airport, these developments — as well as some early conceptualizations and prototypes — are proof of fun and exciting times ahead.

 

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