Predictive analytics: the new hot ticket in shipping?
Joe Baker 28 February 2018
The adoption of predictive analytics for port operations is proving increasingly popular, as the technology can help ports help achieve better unloading and offloading times and less truck idling. But despite successful case studies in the US, challenges still remain in the implementation of new predictive technologies.
Predictive analytics is commonly defined as the use of data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes.