Digitalization of Latin America’s transport and logistics industry within the Industry 4.0 concept (4IR)

The issue of innovative development of Latin American countries in the paradigm of «Industry 4.0» is currently most acute. The article analyzes the main stages of development and modernization of digital solutions in the transport and logistics services. Due to the significant technological backwardness of the Latin America from other macroe-conomic regions and pronounced cross-country differentiation within the Latin American region itself, the need to introduce digitalization systems has become a priority at the government level. The significant fragmentation of digitalization within the transport and logistics industry of the Latin American region itself is also an important subject of present research. The article describes the main strategic advantages that are possible due to the digitalization: reduction of transport costs, formation of additional budget revenues, ensuring full control of the production and sales cycle, optimization of human resources, reduction of anthropogenic factors in the organization of transport and ware-house operations. Integration of digital solutions is a factor of economic well-being and a condition for technological and innovative survival. Cooperation between Latin American countries and the Russian side through the implementation of digital technologies, also in the segment of road cargo transportation, as well as public transport and improving road safety and speed control, seems very promising. This will strengthen Russia's bilateral cooperation with Latin American countries in the field of technological research and innovation, and indirectly strengthen their digital independence.

Keywords

digitalization of transport, industry 4.0, investment, digital sovereignty

Received

08.08.2022

Publication date

09.12.2022

Number of characters

40240

Cite

GOST	Kuchinov P. Digitalization of Latin America’s transport and logistics industry within the «Industry 4.0» concept (4IR) // Latin America – 2022. – Issue 12 C. 27-46 [Electronic resource]. URL: https://latamerica-journal.ru/S0044748X0023419-9-1 (circulation date: 02.05.2024). DOI: 10.31857/S0044748X0023419-9
MLA	Kuchinov, Pavel "Digitalization of Latin America’s transport and logistics industry within the «Industry 4.0» concept (4IR)." Latin America 12 (2022):27-46. DOI: 10.31857/S0044748X0023419-9
APA	Kuchinov P. (2022). Digitalization of Latin America’s transport and logistics industry within the «Industry 4.0» concept (4IR). Latin America (12), pp.27-46 DOI: 10.31857/S0044748X0023419-9

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