NEWS
Coles digitalizes supply chain with IoT solution
It has deployed a solution from Loscam and Thinxtra to monitor the location of and measure shock for 4,500 smart food bins moving poultry between farms and its distribution center .
Coles last year announced a major Digital Transformation strategy , which includes increasing the resilience of its critical supply chains , such as the Protein Cold Chain , responsible for sourcing and stocking poultry . The goal was to reduce the number of food bins it loses , understand whether and where these assets are being damaged , improve pooling of equipment for transit and ultimately increase stock turnaround .
Following a competitive tender , Coles partnered with Loscam , which was the only company to propose an innovative IoT solution . Coles subsequently deployed 4,500 smart and foldable food bins manufactured by Loscam and fitted these with Internet-connected devices . The devices communicate location data in real-time using Thinxtra ’ s national , public 0G Network . This information is available to the supermarket via LoscamOnline , a specialized tracking platform .
Australian supermarket giant Coles has digitalized its supply chain with Internet of Things ( IoT ) technology .
The combined IoT solution has enabled a connected and transparent supply chain with timely insights into geolocation , geofencing , shock impact events , temperature and bin status and allows Coles to optimize transport routes and equipment pooling based on usage patterns .
Research reveals Australian and New Zealand cybersecurity strategies have complexity issues
Research released by Fastly , a global edge cloud platform , titled Fighting Fire With Fire , finds that over threequarters ( 78 %) of Australian and New Zealand organizations are increasing their cybersecurity spending to protect themselves against future risks with AU $ 95,000 spent annually just on web applications and API security control and tools .
However , despite this increased budget with 59 % agreeing that their organization ’ s allocated budget appropriately addresses cybersecurity risk , IT leaders are investing poorly . The result of this is that only 60 % of cybersecurity tools are fully active or deployed .
Similarly , due to a scattergun approach to cybersecurity implementation , 38 % of these tools overlap , protecting organizations against the same threats and when these tools do run , they often suffer from too many false positives . For example , 42 % of alerts detected by organizations ’ WAFs are false positives .
As part of this research , IT leaders also predicted the biggest threats to their organization in the next 12 months , with 37 % highlighting data breaches and data loss ,
33 % phishing and 27 % malware as their key areas for concern .
The full report contains the five fundamental steps organizations can take to improve their cybersecurity posture , removing unnecessary complexity in the process . p
18 INTELLIGENTCIO APAC www . intelligentcio . com