The online shopping revolution, pioneered by Amazon, could not happen without an extensive warehouse infrastructure. And as digital shopping grows, so too will the need for warehouse space. In early June, investment management group Blackstone Group LP provided a clear signal that growth is expected to continue strongly in this space. The company purchased 179 million square feet of urban logistics properties for $18.7 billion.
Cyber attacks have become an ever-increasing threat as today’s security landscape has changed due to digitization and inter connectivity. The increasing adoption of cloud computing and cloud storage services has instigated a massive transfer of data to this environment. Third party logistics (3PLs) services are no different – we’re all cloud users with the Internet of Things (IoT).