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Connected World
Report

Connected World

Hyperconnected Travel and Transportation in Action

World Economic Forum
World Economic Forum, 2014
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Editorial Rating

8

Qualities

  • Innovative
  • Eye Opening
  • Visionary

Recommendation

As the world becomes more congested, managing the global flows of goods and people becomes more pressing. This fascinating, futuristic glimpse from the World Economic Forum explains how experts in transportation, logistics and technology are developing new processes to address these concerns. getAbstract recommends this thought-provoking report to travel, transportation and supply-chain professionals, as well as to investors looking for great tech ideas.

Take-Aways

  • Growing urbanization, affluence and commerce are increasing traffic, travel and trade, but transportation disruptions pose serious economic threats: For example, global business loses $1.4 trillion due to traffic jams worldwide.
  • Innovations in four areas present solutions: First, “automated check-in, security, border control and smart visas” will facilitate international travel by using biometric identification and new scanning systems.
  • Second, real-time data collection and analysis, sensors, and fee adjustments can aid traffic flow and parking space management.

About the Author

The World Economic Forum is an independent global organization that engages leaders in business, politics, academia and society to improve the state of the world.

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