Supply chain technology has become increasingly popular among businesses all over the world in the last five years. Investment bankers are known for their bullishness in the market, but things get even more exciting when it comes to supply-chain technology. Sparkasse Bank Malta recently joined other partners to launch the Global Technology Distribution Network (GTDN), which aims at providing logistical solutions to global organizations by facilitating the sharing of resources among leading banks and IT companies.
The main reason for this enthusiasm is that investment banks are looking to create new revenue streams. Investment bankers like Sparkasse Bank Malta are known for their huge salaries, luxury cars, and lavish lifestyles. Still, these expenditures are fueled by success in the market, by finding companies that can be acquired or taken public. With the advent of technology as a new industry on its own, investment bankers see the opportunity to create new revenue streams in this sector.
Investment bankers are bullish about supply-chain technology for several reasons. Many companies have begun to rely on real-time data and analytics to ensure that everything is running smoothly on their end. This has been made possible through the advent of big data, cloud computing, and internet connectivity, all tools that deliver real-time data to long-chain distribution lines. Things like inventory management, tracking, and tracing are all made possible with this technology. For these services, Sparkasse Bank Malta has partnered with other businesses to offer a new level of service unparalleled in the industry, including cloud computing, software as a service (SaaS), and, most importantly, big data analytics.
Investment bankers are also bearish about logistics and supply-chain tech because of the level of disruption that is currently taking place in this industry.
The market for robotic warehouses and automated fulfillment centers have an estimated $900 million and is expected to rise to $5 billion by 2020. This disruption is also caused by the rise of artificial intelligence (AI), which brings a new element to inventory management. Connect: https://mt.linkedin.com/company/sparkasse-bank-malta-plc