The challenges of a global economy were creating pressure on many businesses long before the COVID-19 pandemic arrived. Eventually the pandemic will come under control: however, the competitive challenges created in a global economy will remain an issue that businesses have to face for the long term. This translates to […]
Technology
Bad actors are constantly trying to attack companies by hacking into their systems. The increase in remote working has increased those attempts. I recently wrote an IdeaXchange blog on why cybersecurity needed to be a year-round priority for businesses of all kinds and all sizes. The advent of the COVID-19 […]
There is no better time for cybercriminals and fraudsters to attack businesses than during a crisis. But there are things that companies can do to mitigate the risk. A few weeks ago, I posted an IdeaXchange blog discussing the ways AI (artificial intelligence) could help businesses. In that blog, I […]
The cost of cybercrime is increasing year after year; but the cost needs to be measured in much more than dollars and cents. Each year, Accenture publishes an Annual Cost of Cybercrime Study that combines research gleaned from 16 industries in 11 countries with interviews with more than 2,600 executives […]
By 2030, 25% of the global vehicle market will be electric. But will the infrastructure be there to provide the necessary “fuel.” Just last week, I posted an IdeaXchange blog discussing the different truck technologies that are due to disrupt the industry over the next decade. The statistic stated above […]
Electric trucks, autonomous trucks, ELDs, logistics connectivity … the trucking industry is experiencing technological innovation and disruption at an incredible rate. How we adapt to this brave new world matters. My last few IdeaXchange blogs deal with trends, challenges and opportunities that the trucking industry faces. The challenges include government […]
Three decades ago, 90 percent of executives said they were successful at executing their business strategy. Today, that number is down to just 40 percent. WHY? The good thing about change and advanced technology is that it speeds up processes and lets us make decisions faster. The bad thing about […]
Safety matters and the numbers indicate there’s still much to do. In July, I posted an IdeaXchange blog talking about safety technology in trucks, including lane departure warning and collision avoidance/mitigation systems. The main barrier that keeps fleets from installing these systems is often cost; however, the cost of not […]
There was both anticipation and dread when the ELD mandate was first proposed and then enacted. So what are the results? Data is still being gathered on the effects ELDs have had on the trucking industry and on road safety issues. The ELD mandate was first proposed in 2012 and […]