Rapid integration of advanced analytics and artificial intelligence will accelerate the transport management system business through 2032. TMS solutions are increasingly incorporating advanced analytics and artificial intelligence (AI) for predictive analytics, real-time decision support, and more accurate demand forecasting. These technologies enable more efficient route optimization, cost reduction, and improved decision-making in transportation management. These benefits have prompted companies worldwide to leverage these technologies and innovate new products to keep up with the increasing market demand.
For instance, in September 2023, 3SC Solutions introduced iTMS (Intelligent Transport Management Solution), a cutting-edge platform for comprehensive transportation planning, settlement, and execution. Leveraging advanced analytics, this integrated solution enhances logistics efficiency and financial performance. iTMS utilizes artificial intelligence and data analytics to streamline the intricacies of the complete logistics transportation process, providing a holistic approach to managing transportation operations.