Japanese-based company NTT DATA plans to deploy more than 600,000 of Nexxiot’s Cargo Monitor devices over the next five years. As the preferred IoT solution provider for this project, Nexxiot’s solution will play an integral role in monitoring and tracking shipping containers for NTT’s Connected Product solution.
As the global value chain becomes increasingly complex and is threatened by numerous sources of disruption, cargo losses due to inadequate shipping conditions are a growing problem. Pinpointing the cause of damages to cargo in transit is almost impossible without real-time data on the location, status and environmental conditions of goods in transit.
Nexxiot’s Cargo Monitor is a revolutionary IoT sensor device that delivers unbeatable connectivity and data performance in a compact, easy-to-use design. The device measures and provides real-time information on a product’s environment, such as temperatures, dew point, shock, humidity, and live location, thus helping to improve cargo quality and safety.
NTT Data also addresses global supply chain challenges with Connected Product, a global cargo tracker developed by NTT and SAP designed to improve insurance management for global supply chains by monitoring fragile and environmentally sensitive cargo.
Through an extensive pilot program, NTT Data utilized 500 Nexxiot Cargo Monitors and tracked 400 live shipments delivered in Europe, Asia and the U.S. from March to August 2022. The companies monitored more than 5 million kilometers of the cargo’s journeys and collected more than 200,000 data points for analysis.
NTT Data has now selected Nexxiot as its preferred IoT solution provider for Connected products. As part of their partnership, NTT DATA plans to deploy more than 600,000 Nexxiot’s Cargo Monitor devices over the next five years.
“Nexxiot is pleased to partner with NTT DATA on their groundbreaking Connected Product solution,” said Stefan Kalmund, CEO of Nexxiot. “By connecting real-time monitoring with automated cargo insurance payments, this initiative demonstrates yet another benefit of the TradeTech revolution. The digitalization of cargo not only creates enhanced visibility and transparency; the sky is the limit in terms of the value Nexxiot’s IoT technology can create for all players in the global value network.”
“Our shared vision is to create a new era of digitally connected value chain solutions,” said Xavier Rovira, Global Head of the SAP Unit at NTT DATA EMEAL, NTT DATA. “Nexxiot’s Cargo Monitors are a critical piece of our effort to increase visibility, reduce supply chain disruptions and support a smarter and more sustainable world.”
(Press release/RAN)
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