The real-time visibility landscape is evolving rapidly, as providers continue to innovate and expand platform capabilities to help shippers and logistics service providers address visibility gaps across end-to-end supply chains. To aid customers in understanding the state of the marketplace, Gartner has released its inaugural Magic Quadrant for Real-time Transportation Visibility Platforms 2021, a report that provides guidance on evaluating real-time transportation visibility (RTTV) solutions, including an in-depth analysis of Shippeo, other vendors, their capabilities and industry trends.
A complimentary copy of the full report can be downloaded here.
Real-time Transportation Visibility Market commentary
Gartner continues to predict that “by 2023, 50% of global product-centric enterprises will have invested in real-time transportation visibility platforms” and acknowledges that “commercial customers and consumers continue to have increased demands around real-time visibility to their orders and shipments.” The Gartner Magic Quadrant for Real-time Transportation Visibility Platforms 2021 determines that the main reasons driving this growth are:
- “Most shippers have a large percentage of their freight spend (on average 70%) in over-the-road transportation, mainly full truckload (FTL) and less than truckload (LTL).
- Visibility not only provides benefits internally to the transportation organization, customer service and the warehouse but also benefits the customer who is demanding these types of insights into their shipments.
- Control towers and international visibility, where many modes are connected for a single shipment, can often be very complex and time-consuming to implement. Real-time visibility, however, is much smaller in scope and takes up less resources and time to deploy.”