Proving the Business Case for the Internet of Things

Hyundai tests IoT for refrigerated containers

Steve Rogerson
August 29, 2017

South Korean container operator Hyundai Merchant Marine (HMM) has started a trail of IoT technology for its refrigerating containers. With this technology, HMM can monitor and manage the temperature of refrigerated goods in real time wherever the internet is accessible. 
Without IoT technology, carriers provide information of the refrigerated goods to their customers, with the crew onboard checking the temperature every 12 hours.
As it is crucial for refrigerated containers with temperature-sensitive products to maintain a certain level of temperature during their voyage through hot and cold regions, adopting IoT technology should bolster its freshness maintenance.
HMM’s trial of IoT technology will be on ten refrigerated containers until October. It will then decide whether to adopt the technology after thorough analysis on test-run results, such as cost saving and service improvements. 
Cargo and transportation information gathered through the IoT technology can be shared among the involved parties using blockchain technology.
 “We are reviewing various ways to improve our service and its quality through adopting IT technologies,” said an HMM official. “By adopting the high-end IT technologies in shipping and logistics, we will become one of the pioneers of the fourth industrial revolution within the industry.”