This press release was orginally distributed by SBWire
East Granby, CT -- (SBWIRE) -- 10/22/2015 -- Picking Perfection, sponsored by Pcdata USA, brings important and interesting information to those in the material handling, warehousing, distribution, and manufacturing sectors. Research and Markets announced the addition of the "Global IT Spending by 3PL Market 2015-2019" report to their offering. The global IT spending by 3PL market is expected to grow at a CAGR of 12.5% during the forecast period. The 3PL market is growing, especially in emerging countries, as it involves cheap labor, improved infrastructure, and loosening of barriers to trade. In Asia, China remains one of the largest markets for 3PL. However, it is gradually moving toward maturity. The logistics comprises various risks and obstacles, which include cumbersome clearance processes, lack of transport infrastructure, and inefficiencies in logistic processes.
The global IT spending market by 3PL can be segmented into six: SCM and procurement, warehouse management, transportation management, field service management, freight management, and others. This report covers information about the market share of the global IT spending market by 3PL by application.
According to the report, 3PL companies are a little hesitant to invest in building a secure IT infrastructure as it needs several audits such as SAS 70 type II and SSAE 16 type II to get certified and requires a lot of investment to implement it. These audits take time to complete and eventually focus a lot of attention on minute details from the auditor side as well as the 3PL side. However, the increase in cyber-attacks and the increased risk of IT disruption force 3PL providers to have backup connections to power grid Internet and telecom systems. Further, the report states that delays in enhancing legacy systems is affecting the market growth.
About Pcdata USA
Based in East Granby, CT, Pcdata USA (https://www.pcdatausa.com/about-us/about-pcdata-usa) is a global logistics systems leader for supply chain automation. Pcdata USA was named a finalist for the 2015 MHI Innovation Award for Best New Product, Smart Glass AR (Augmented Reality). Pcdata USA's Pick-to-light systems are part of a lean manufacturing and distribution process, offering shorter throughput, fewer errors, and significant cost savings. Pcdata USA is represented in a wide variety of industry sectors including apparel, cosmetics, e-commerce fulfillment, Third Party Logistics (3PL), wholesale distribution, food service, healthcare, pharmaceutical, production & assembly, as well as bakeries around the world. Products include Pick-to-light, PTL in hybrid solutions, PickCart, PickStar, Distrib AR Smart Glass, and Dock Manager.
Pcdata USA Solving the Rapid Growth Challenges of 3PLs (Third Party Logistics)
Volumes handled by 3PLs in 2015 are 100.0% higher YOY (year over year). 3PLs are processing millions of items and SKUs, nearly six items per second. Pcdata USA is allowing 3PLs to accurately process orders within clients' designated lead-time, fulfilling customer commitments. bit.ly/1IvXhkc
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Pcdata USA is currently adding new dealers, distributors, and integration partners to accommodate the strong demand for the company's solutions.
Follow Pcdata USA on Twitter @pcdatausa
Call Pcdata USA at 855-844-1086.
For more information on this press release visit: https://www.sbwire.com/press-releases/pcdata-usa-reports-global-it-spending-by-3pl-market-2015-2019-635379.htm