Transportation logistics plays a very important role in a company’s supply chain. Activities in the supply chain that include sourcing, production, logistics and information system require the internet for coordination. An internet-based supply chain speeds up its responsiveness to clients, suppliers, partners, transportation hubs and distribution hubs.
Many businesses including trucking and logistics companies rely on Google Docs, Google Sheets, Google Drive and Gmail. What happens if there is a Google outage? Google’s online services have been restored after the widespread outage that had people worried about its implications. The outage lasted only for a few hours but it was enough to expose a concerning side effect that things might get worse in the future.
Whenever there is an outage like this, people usually assume that it might be the result of regulations or how the market was set up. Unlike other sectors, the domain is handled by large organizations that are truly global players. While it is not necessarily a bad thing, it is something that has to be considered seriously.
According to the Department of Home Affairs, about 64 billion devices will be connected to the internet by 2030. Significant benefits can be received by a country by embracing Internet of Things (IoT) because it allows them to create an on-demand manufacturing sector, monitor carbon emissions in supply chains, track energy usage in homes and improve telehealth.
In the next 5, 10 or 20 years, cars and buildings of all kinds will be relying on the internet. This poses the question whether the internet should be accessible to all without any competition. The internet infrastructure is like the power and water supply but an internet outage will be more sophisticated particularly as the IoT revolution picks up speed. Internet providers could be a mix of public and private companies but to what extent could public regulations ensure that internet infrastructure will be available?
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