Intel on Thursday announced a new Internet of Things (IoT) offering, the Intel Connected Logistics Platform, that aims to provide the shipping and logistics industries with an array of real-time data from shipments that are in transit.
Intel and Honeywell also announced an initial solution that will use the IoT architecture of the Connected Logistics Platform. Honeywell claims its Connected Freight solution would provide updates around location, temperature, humidity, shock and other data on shipments that are under way.
Estimates suggest that cargo loss last year totaled $60bn, with an estimated 30% of perishable goods spoiling during shipment, according to Intel.
Helping fight this, Intel said its Connected Logistics Platform would provide “unprecedented levels of insight” into the current status of shipments.
“Thanks to data accessibility, shippers and carriers will be able to establish a more reliable supply chain network by having deeper visibility and information on shipments,” said Chet Hullum, Intel’s general manager for industrial solutions.
Honeywell’s Connected Freight solution will use sensors—attached to packages or other assets—to gather data and transmit the information wirelessly.